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US Condo Market Is Worst Since 2012 (WSJ)

https://archive.ph/QvyuX
Greedy reading party
  01/02/26
lede buried: Many condo buildings are located in urban do...
Greedy reading party
  01/02/26
No shit?
free-loading know-it-all mother state
  01/02/26
also post-surfside collapse, condo association dues are skyr...
dull stag film volcanic crater
  01/02/26
Deferred maintenance is one of those 180 terms
Greedy reading party
  01/02/26
Most affordable = best
Motley Flirting Pit
  01/02/26
seems like a great time for young people to get their starte...
irradiated wild pistol
  01/02/26
Even so, most condo owners have gained equity since they pur...
cobalt senate indirect expression
  01/02/26
...
Smoky mind-boggling coffee pot
  01/02/26
didnt a lot of chinese all-cash buyers purchase condos downt...
Emerald menage
  01/02/26
CACB were just diversifying assets and never laid eyes on th...
Coral Big Mad-dog Skullcap Ape
  01/02/26
still aligns with my post, to them downtown condos were a go...
Emerald menage
  01/02/26
I’m greatly enjoying the decline in South Florida pric...
Passionate Massive Ceo
  01/02/26
you’re getting sent back right after we’re done ...
irradiated wild pistol
  01/02/26
Incredibly shrewd. Can you expound more on this Talmudic ...
bateful claret jew brethren
  01/02/26
At least part of this is that aging condos can no longer get...
Filthy Wonderful Electric Furnace
  01/02/26
All condo buildings built in the US from 1945-1990 should ju...
Motley Flirting Pit
  01/02/26
A few thoughts on this: 1. Part of it self-perpetuating....
milky heaven
  01/02/26
the dood above already said that most affordable = best. wh...
Nubile Obsidian Legend Ratface
  01/02/26


Poast new message in this thread



Reply Favorite

Date: January 2nd, 2026 7:41 AM
Author: Greedy reading party

https://archive.ph/QvyuX

(http://www.autoadmit.com/thread.php?thread_id=5816312&forum_id=2...id#49555853)



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Date: January 2nd, 2026 7:41 AM
Author: Greedy reading party

lede buried:

Many condo buildings are located in urban downtowns, which are less attractive than they used to be for people who now work from home at least part-time

(http://www.autoadmit.com/thread.php?thread_id=5816312&forum_id=2...id#49555854)



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Date: January 2nd, 2026 7:48 AM
Author: free-loading know-it-all mother state

No shit?

(http://www.autoadmit.com/thread.php?thread_id=5816312&forum_id=2...id#49555856)



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Date: January 2nd, 2026 8:29 AM
Author: dull stag film volcanic crater

also post-surfside collapse, condo association dues are skyrocketing to cover for years of deferred maintenance.

(http://www.autoadmit.com/thread.php?thread_id=5816312&forum_id=2...id#49555887)



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Date: January 2nd, 2026 8:40 AM
Author: Greedy reading party

Deferred maintenance is one of those 180 terms

(http://www.autoadmit.com/thread.php?thread_id=5816312&forum_id=2...id#49555894)



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Date: January 2nd, 2026 8:38 AM
Author: Motley Flirting Pit

Most affordable = best

(http://www.autoadmit.com/thread.php?thread_id=5816312&forum_id=2...id#49555892)



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Date: January 2nd, 2026 8:40 AM
Author: irradiated wild pistol

seems like a great time for young people to get their starter property

(http://www.autoadmit.com/thread.php?thread_id=5816312&forum_id=2...id#49555893)



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Date: January 2nd, 2026 8:44 AM
Author: cobalt senate indirect expression

Even so, most condo owners have gained equity since they purchased, with the typical condo estimated to be worth 43% more than its most recent sale price, according to Zillow.

young people? what are u like 50?

(http://www.autoadmit.com/thread.php?thread_id=5816312&forum_id=2...id#49555902)



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Date: January 2nd, 2026 8:43 AM
Author: Smoky mind-boggling coffee pot



(http://www.autoadmit.com/thread.php?thread_id=5816312&forum_id=2...id#49555897)



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Date: January 2nd, 2026 8:44 AM
Author: Emerald menage

didnt a lot of chinese all-cash buyers purchase condos downtown since to chinese being in the downtown area of a city is seen as desirable wheras only single americans want ot be downtown? with china restricting money going out of the country combined with china getting nicer, it has to cause a huge decrease in chinese buying residential real estate overseas

(http://www.autoadmit.com/thread.php?thread_id=5816312&forum_id=2...id#49555901)



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Date: January 2nd, 2026 8:48 AM
Author: Coral Big Mad-dog Skullcap Ape

CACB were just diversifying assets and never laid eyes on those condos

(http://www.autoadmit.com/thread.php?thread_id=5816312&forum_id=2...id#49555908)



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Date: January 2nd, 2026 8:49 AM
Author: Emerald menage

still aligns with my post, to them downtown condos were a good investment whereas a lot of americans dont see it that way. now that there are investment opportunities elsewhere, a lot of demand for american downtown condos has dried up

(http://www.autoadmit.com/thread.php?thread_id=5816312&forum_id=2...id#49555913)



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Date: January 2nd, 2026 8:48 AM
Author: Passionate Massive Ceo

I’m greatly enjoying the decline in South Florida prices and am extending my minor real estate empire down here with more slumlord properties though my specialty is buying golf course properties on the cheap and the litigating the associations into cutting me checks to stop suing them….

(http://www.autoadmit.com/thread.php?thread_id=5816312&forum_id=2...id#49555909)



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Date: January 2nd, 2026 8:52 AM
Author: irradiated wild pistol

you’re getting sent back right after we’re done with the Somalis and muzzies

(http://www.autoadmit.com/thread.php?thread_id=5816312&forum_id=2...id#49555920)



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Date: January 2nd, 2026 3:39 PM
Author: bateful claret jew brethren

Incredibly shrewd.

Can you expound more on this Talmudic study?



(http://www.autoadmit.com/thread.php?thread_id=5816312&forum_id=2...id#49556856)



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Date: January 2nd, 2026 10:42 AM
Author: Filthy Wonderful Electric Furnace

At least part of this is that aging condos can no longer get away with underpaying infrastructure costs after a couple of collapses.

(http://www.autoadmit.com/thread.php?thread_id=5816312&forum_id=2...id#49556100)



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Date: January 2nd, 2026 12:04 PM
Author: Motley Flirting Pit

All condo buildings built in the US from 1945-1990 should just be demolished, all SPS.

(http://www.autoadmit.com/thread.php?thread_id=5816312&forum_id=2...id#49556265)



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Date: January 2nd, 2026 12:25 PM
Author: milky heaven

A few thoughts on this:

1. Part of it self-perpetuating. I didn't buy a condo in 2019 because it looked like they weren't appreciating like a SFH. 5 years later, my home is worth 2x and the condos are worth...1x. So now we've had the greatest appreciation of real estate in 100 years and its more clear than ever condos stay flat.

2. I think there are some exceptions (maybe garden style low cost units), but condos just don't seem to be efficient. A 500 square foot condo seems to have more "maintenance" costs than a 5,000 sf standalone home. Just too much red tape and costs whenever you do anything at scale at this point.

(http://www.autoadmit.com/thread.php?thread_id=5816312&forum_id=2...id#49556329)



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Date: January 2nd, 2026 3:42 PM
Author: Nubile Obsidian Legend Ratface

the dood above already said that most affordable = best. why should anyone give a fuck that you cant make a profit off of your house.

(http://www.autoadmit.com/thread.php?thread_id=5816312&forum_id=2...id#49556870)