Do you think its dumb to buy a condo/apt versus renting one?

Explorer

I bought a condo, I wish though that I would have stayed home and saved up for a house. Even though I don’t plan to have kids or anything. I just am against renting but most people don’t buy condos, they’re likely to save up for a house. Was I dumb to buy a condo versus just renting one?

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Anonymous

4 mo

It's always better to buy unless your planning to move in like a 2 or 3 years. You'll end up paying less. Able to sell the condo to have a down deposit or even pay off a lot of the loan or rent off the condo and start building a real estate business to have some passive income later on

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Most Helpful Girl

BunChan
Xper 4

4 mo

I think it's a good plan. You're paying rent anyway.
I'm thinking about the Same going now.

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