Mortgaging A Condo Vs. Renting An Apartment: Which One Makes More Financial Sense?
Condos and apartments are both great choices for those seeking to avoid some of the maintenance hassles of living in a single-family home or those who want to live in the city. While living in a condo and living in an apartment is similar, condos and apartments are completely different from a financial perspective. Which is the better financial choice overall – renting an apartment or mortgaging a condo?
Condominiums Build Equity, Giving Them a Huge Financial Advantage Over Apartments