The Rising Costs of Condos 

The cost of condos, especially older ones, has been increasing due to high demand, limited supply, and rising renovation and maintenance costs. Inflation, higher property taxes, and interest rates also contribute to the price surge. Older condos often require more upkeep, adding to buyer expenses. This trend makes it harder for first-time buyers and investors to enter the market, pushing prices higher. Potential buyers must carefully evaluate their financial situation and consider the long-term implications of purchasing an older condo. 🏢 💲
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