Photo from Unsplash
The affordability of certain properties in downtown areas has sparked a lively debate on social media. The discussion revolves around why apartments, particularly those listed on Zillow, are priced significantly lower than expected (under $350k with a low HOA fee). The main questions raised include whether the low price is due to the small size of the apartments, lack of parking facilities, poor infrastructure, or issues related to crime and homelessness.
Answers from Social Media
The discussion on Reddit provides some insightful perspectives. One user pointed out that despite the seemingly low prices, these condos are still relatively expensive when considering the additional costs of ownership such as down payments, HOA fees, insurance, and property tax…