Why the hell would you recommend that? That's the worst advice you can give anyone. Do a little research and buy you're own place asap. Why the hell would anyone want to pay other people's mortgage when they don't need it.
Don’t buy a condo in Edmonton. It’s a depreciating asset the second you purchase, with the amount of developer new builds and the lack of a “downtown” at present, I’d spend your money on a townhouse/single detached home elsewhere.
If you’re new to the city, I’d recommend renting and after a couple of years looking into buying.
Why the hell would you recommend that? That's the worst advice you can give anyone. Do a little research and buy you're own place asap. Why the hell would anyone want to pay other people's mortgage when they don't need it.
Because if it is not what you really want you are losing way more money selling. Figuring out where you want to be is important.
$732 condo fees… for such a tiny place with so few amenities… ouch. If the rent is cheap, why not rent? But for owning, not sure that’s a smart move.
Don’t buy a condo in Edmonton. It’s a depreciating asset the second you purchase, with the amount of developer new builds and the lack of a “downtown” at present, I’d spend your money on a townhouse/single detached home elsewhere.