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  1. J

    Is it really so bad to get a condo instead of a townhouse if you have a set budget?

    @torah1st2019 no, 7% is a conservative (!) post-inflation estimate of the average annualized rate of return over an equivalent mortgage amortization period (20-30 years). in your best year you might see closer to 30%, not 7.
  2. J

    Is it really so bad to get a condo instead of a townhouse if you have a set budget?

    @torah1st2019 not really, renters can invest money saved from not owning into an all-equity fund which appreciates at 7% per year after inflation. more than what the real estate market makes some years
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