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US Condo Market Is Worst Since 2012 (WSJ)
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Date: January 2nd, 2026 7:41 AM Author: Diverse Claret Step-uncle's House https://archive.ph/QvyuX (http://www.autoadmit.com/thread.php?thread_id=5816312&forum_id=2...id#49555853) |
Date: January 2nd, 2026 7:41 AM Author: Diverse Claret Step-uncle's House lede buried:
Many condo buildings are located in urban downtowns, which are less attractive than they used to be for people who now work from home at least part-time |
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Date: January 2nd, 2026 7:48 AM Author: Talented magenta hissy fit No shit? (http://www.autoadmit.com/thread.php?thread_id=5816312&forum_id=2...id#49555856) |
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Date: January 2nd, 2026 8:29 AM Author: glittery stage also post-surfside collapse, condo association dues are skyrocketing to cover for years of deferred maintenance. (http://www.autoadmit.com/thread.php?thread_id=5816312&forum_id=2...id#49555887) |
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Date: January 2nd, 2026 8:40 AM Author: Diverse Claret Step-uncle's House Deferred maintenance is one of those 180 terms (http://www.autoadmit.com/thread.php?thread_id=5816312&forum_id=2...id#49555894) |
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Date: January 2nd, 2026 8:38 AM Author: razzle-dazzle mischievous voyeur Most affordable = best (http://www.autoadmit.com/thread.php?thread_id=5816312&forum_id=2...id#49555892) |
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Date: January 2nd, 2026 8:40 AM Author: histrionic carmine shitlib seems like a great time for young people to get their starter property (http://www.autoadmit.com/thread.php?thread_id=5816312&forum_id=2...id#49555893) |
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Date: January 2nd, 2026 8:44 AM Author: Filthy ratface theater stage Even so, most condo owners have gained equity since they purchased, with the typical condo estimated to be worth 43% more than its most recent sale price, according to Zillow.
young people? what are u like 50? |
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Date: January 2nd, 2026 8:43 AM Author: electric kitty cat national (http://www.autoadmit.com/thread.php?thread_id=5816312&forum_id=2...id#49555897) |
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Date: January 2nd, 2026 8:44 AM Author: Irradiated Senate Death Wish didnt a lot of chinese all-cash buyers purchase condos downtown since to chinese being in the downtown area of a city is seen as desirable wheras only single americans want ot be downtown? with china restricting money going out of the country combined with china getting nicer, it has to cause a huge decrease in chinese buying residential real estate overseas (http://www.autoadmit.com/thread.php?thread_id=5816312&forum_id=2...id#49555901) |
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Date: January 2nd, 2026 8:48 AM Author: embarrassed to the bone disturbing location CACB were just diversifying assets and never laid eyes on those condos (http://www.autoadmit.com/thread.php?thread_id=5816312&forum_id=2...id#49555908) |
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Date: January 2nd, 2026 8:49 AM Author: Irradiated Senate Death Wish still aligns with my post, to them downtown condos were a good investment whereas a lot of americans dont see it that way. now that there are investment opportunities elsewhere, a lot of demand for american downtown condos has dried up (http://www.autoadmit.com/thread.php?thread_id=5816312&forum_id=2...id#49555913) |
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Date: January 2nd, 2026 8:48 AM Author: Violet box office idea he suggested I’m greatly enjoying the decline in South Florida prices and am extending my minor real estate empire down here with more slumlord properties though my specialty is buying golf course properties on the cheap and the litigating the associations into cutting me checks to stop suing them…. (http://www.autoadmit.com/thread.php?thread_id=5816312&forum_id=2...id#49555909) |
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Date: January 2nd, 2026 8:52 AM Author: histrionic carmine shitlib you’re getting sent back right after we’re done with the Somalis and muzzies (http://www.autoadmit.com/thread.php?thread_id=5816312&forum_id=2...id#49555920) |
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Date: January 2nd, 2026 3:39 PM Author: mildly autistic copper clown Incredibly shrewd.
Can you expound more on this Talmudic study?
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Date: January 2nd, 2026 10:42 AM Author: Laughsome Sadistic Juggernaut At least part of this is that aging condos can no longer get away with underpaying infrastructure costs after a couple of collapses. (http://www.autoadmit.com/thread.php?thread_id=5816312&forum_id=2...id#49556100) |
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Date: January 2nd, 2026 12:04 PM Author: razzle-dazzle mischievous voyeur All condo buildings built in the US from 1945-1990 should just be demolished, all SPS. (http://www.autoadmit.com/thread.php?thread_id=5816312&forum_id=2...id#49556265) |
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Date: January 2nd, 2026 12:25 PM Author: henna toaster A few thoughts on this:
1. Part of it self-perpetuating. I didn't buy a condo in 2019 because it looked like they weren't appreciating like a SFH. 5 years later, my home is worth 2x and the condos are worth...1x. So now we've had the greatest appreciation of real estate in 100 years and its more clear than ever condos stay flat.
2. I think there are some exceptions (maybe garden style low cost units), but condos just don't seem to be efficient. A 500 square foot condo seems to have more "maintenance" costs than a 5,000 sf standalone home. Just too much red tape and costs whenever you do anything at scale at this point. |
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Date: January 2nd, 2026 3:42 PM Author: dashing rose plaza the dood above already said that most affordable = best. why should anyone give a fuck that you cant make a profit off of your house. (http://www.autoadmit.com/thread.php?thread_id=5816312&forum_id=2...id#49556870) |