Do condos & townhouses make sense as starter homes when the HOA fees are ridiculous?
Do condos & townhouses make sense as starter homes when the HOA fees are ridiculous? In my area 2 bedroom condos in ok areas start at around $400k but then HOA fees are anywhere from $600-$2500/ month (high end obviously gets you some amenities and low end might get you an elevator and in-unit laundry). 2 bedroom townhouses start at around mid $500k and have HOA fees anywhere from $400 - $700. Then you can get really shitty SFH...