Where I live, condo's do not increase in value much due to HOA fees and taxes. I...

		bs7280 64 days ago \| parent \| context \| favorite \| on: US will ban Wall Street investors from buying sing... Where I live, condo's do not increase in value much due to HOA fees and taxes. I just plugged in some numbers using (estimated) purchase price, taxes, HOA for the unit I'm in now, and it would cost me a little over $1M over 30 years to own a $300,000 1br apt.

See my other reply about what it costs to own a house.