You can buy condos though? The current problem in my area is there are TONS of (empty) luxury apartments going up, but for every 50 rental units only one is only one unit for sale.
But yeah I have a friend in downtown Twin Cities MN who owns his condo. Mortgage is like $2.5k and that includes utilities except for the Internet. I think he’s made around $75k in equity already.
You can buy condos though? The current problem in my area is there are TONS of (empty) luxury apartments going up, but for every 50 rental units only one is only one unit for sale.
But yeah I have a friend in downtown Twin Cities MN who owns his condo. Mortgage is like $2.5k and that includes utilities except for the Internet. I think he’s made around $75k in equity already.