It's interesting to look back a couple of years in this thread and read about what the posters were saying about purchasing condos. The general feeling was that they were a terrible investment because of things like poor condo boards, rising costs, special assessments, past history of stagnant and falling prices, etc. And yet, that was the time to buy.
I have always felt that one should always keep a little bit of a contrarian point of view, and avoid the herd mentality, especially when it comes to investing.
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