Since there was a lot of success in my last OT (Off-topic) discussion, thought I'd ask about this as well. I def want home ownership to be part of my future but there is a lot of debate over what a better investment/decision is- a house or a condo. One of the problems (at least in much of Canada) is that if you want to live in a large city you will pay near 300k for a really small condo (a bachelor, maybe for a bit more a 1bedroom if you are lucky..but still really small), while you can buy a fairly large home (assuming it isn't brand new) for that same price. Some people would never consider a condo just because of condo fees. But I have to say from talking to some really smart people who have gone the home ownership route, they say if they could do it again they would go the condo route.
what are your opinions?
what are your opinions?