condos

The thing is that when you start buying houses/apartments/condos/townhomes to make money, that is when you could get into trouble.

A practical example of pitfalls with high-rise condos is where there's a swimming pool inside the condo structure.

There are a fair number of high-rise condos being built in Soma right now, and several more than are planned.

If Bitcoin (or the TSX) was worthless tomorrow, my GPUs and condos would still hold value.

Within 2 blocks of me 3 gas stations have shut down over the past few years, to be replaced with apartments/condos.

The supply of detached houses is limited whereas condos in Toronto are growing like weed.

Enact rent control, and watch as everyone converts rental buildings into super expensive condos.

Suburban homes with a pool and two garages are completely different from urban condos.

Higher-density housing like apartments and condos do have scale efficiencies reduce per-unit/occupant maintenance costs.

There seems to be an assumption that you can just put the slum dwellers into the empty condos, which doesn't necessarily seem realistic.

I personally don't like condos or even townhomes because of their stricter community rules/HOA crap that they charge you for.

And the fact that millions of people live in flats, condos, terraced houses with no private parking spots and they can't charge their cars overnight.

Perhaps, I might allow for 0 change in "real" prices, but since the author is not making adjustments for inflation in his calculations, his assumptions suggest Toronto condos will be worth 40% less in inflation adjusted dollars 25 years from now.

> " In several countries (including France where I live), there is a "tax break" in owning real estate since the virtual rent is not added to revenues " I believe that's why the author limitted the discussion to Toronto's condos.