09-03-2021, 12:34 PM
(09-03-2021, 12:19 PM)WaterLouGehrig Wrote: Not challenging you, but don't most condos work as rentals as well? A building like this built specifically as a rental won't have cheaper rents. So it's one super-wealthy landlord versus a mix of owner-occupiers (which we also need) and some-what well off landlords? I would take the later
I mean you're not wrong, but I would consider apartments distinct from condos. Condo units are purchased entirely by the one purchasing a unit, then the owner owns a unit in an entire building. Apartment buildings you generally pay a month to month rent and are on a lease and you do not own that unit.