house or condominium?
By redphile
@redphile (2264)
Philippines
August 29, 2011 1:25am CST
Nowadays, a lot are into getting condominiums over houses, because of the proximity of businesses and basically civilization, like closer to work, to school and to places that we go to in our everyday life.
Whereas houses, there are available houses within the city but then it is too costly and affordable to get houses in the provinces, which is not gonna be beneficial especially because of work or school.
Im also planning to buy my first property and now I cant decide as to which is which.
Your thoughts mylotters?
Thanks!
3 responses
@stanley777 (9402)
• Philippines
29 Aug 11
I have always preferred houses over condominiums since i don't feel like home in condominiums. They may be practical but they are very expensive... But if someone would like to give me one, I'd gladly accept.
@redphile (2264)
• Philippines
30 Aug 11
yes a condo is expensive but I can actually get a loan so that it wouldnt be too much a burden in my pocket. I would love to have in the future a home with plants and a garden to put up more plants. But maybe when I retire I would get one for me and my family.
@stanley777 (9402)
• Philippines
30 Aug 11
Yes, if you are really interested to have one I guess there are options that can help.But I don't agree on getting a loan just to buy a condo.Loans have interest so it just add up to the price of condo.But everything we want in life can be true just like in dreams.If we put our mind to it and really work to achieve it, it's possible.
@voracious (624)
• Philippines
29 Aug 11
Condominium is advisable if you want to be near to your work but I suggest that you should buy house and lot as possible because the value of condominium depreciates over year unlike house and lot appreciates. Another bad thing about condominium is there's no insurance when collapsed by an earthquake.