Viewing a single comment thread. View all comments

suztomo t1_irmdmn7 wrote

Reply to comment by MuskIsKing in 4 Beacon way for investment. by MuskIsKing

Don’t force others do survey for you. Can you make assertions, not question?

−1

MuskIsKing OP t1_irmq0d9 wrote

How would you explain the low availability of condos if it is not a good investment?

0

objectimpermanence t1_irn8ghy wrote

The housing market is pretty jacked up right now.

One reason is that a lot of people are disincentivized from moving because it would mean giving up the mortgage they refinanced at ~2.75% 2 years ago in exchange for a new mortgage at close to 7%.

That translates into fewer people listing their homes for sale. But that does not necessarily mean that buying an apartment the Beacon is a good investment now.

5