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Old 09-11-2014, 09:43 PM   #52
DoubleF
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I'm on the same boat as many. Consider renting if you think it's short term, but for long term, consider buying. Stay on good terms with your land lord, you might even end up with a good deal.

The buy vs rent argument does not have a clear answer, but most do believe it's cheaper to rent if you're in a place short term vs buy over long term.

There is nothing wrong with condos or townhouses or houses/duplexes. Main difference with condos and townhouses is the size of the place/locations. Main difference between condos and townhouses vs house/duplex is the manual "landscaping" you will end up doing (try telling anyone that moving several feet of snow every winter isn't landscaping ). A good idea is to learn how to read a condo/townhouse's financial statements to see if the restricted fund is big enough for big issues that may pop up (ie: Elevator repairs, landscaping, fixes etc.)

I've never considered going on my condo board, but I have been to the AGM every year since I bought my condo. I have made suggestions and have seen things change fast. However, for those commenting about no transparency during the year, I think all boards are like that. I've only ever hear things and seen things done via notices during the year. The only discussion with non-board members I've ever seen is at the AGM (open to residents and owners).

Overall, complaining about a board is like not going to voting and complaining about the government elected in. Honestly, if you don't vote, you don't get to complain. If you do complain, keep in mind the board is volunteer. They're not paid to deal with your crap, so they won't deal with it.
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