Quote:
Originally Posted by Mickey76
I’m not trying to rub salt in the wound but this really surprises me. You’re saying a condo you bought in 08 is worth less than you paid for it? I don’t know the condo market at all but I just assumed everything would have at least doubled since then.
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I'm guessing he bought right before the big crash in '08. I bought a condo in '06 for 280k. Prices cratered in '08 and it never recovered it's value. We finally sold the place in 2022 and managed to get 240k for it. Condos are not a good investment and I will never buy one again