Apartments get a lot of negative press these days, and this is against a backdrop of a general property crash. Anyways here's my two cents on it...
Apartments have many advantages over houses, and will be back in demand at some point in the future:
- Little maintenance required (no gutters, no outside walls to be painted, etc.)
- Easy to heat and also to clean!
- Option to rent (s.t. location, location, location!)
- Convenient for singles, retired, couples
- Often located in better locations than houses, meaning no car required.
- Relatively safe & secure... even when you're not there a neighbour is in the building.
It's not all good, but by the sounds of things, plenty have told you that already.
I think M/hide is an attractive spot. If you could see yourself owing it for c. 5 years, then why not!
- Small developments are Concrete shells
