Older Condos Plagued by High Maintenance Costs

By Dan S. Barnabic, June 12, 2014

Every time I am approached by condo buyers and owners alike, the most asked question is on the future of condominiums.

Practically speaking, condos will exist as a real-estate ownership option for as long as there are buyers willing to buy them — notwithstanding the inherent ownership related problems mentioned in my previous MarketWatch article: Should you Buy or Lease your Retirement Condo?

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