People online talk so much about the need for affordable, small-footprint, community focused housing that goes against conventional zoning laws. Well, they’ve literally just described a trailer park, but those same people will use the term as a classist insult.
Not a whole lot to expand upon here, but if there are any good counterpoints or questions in the replies, I’ll respond there or edit my post body.
I agree that condos do typically appreciate in value.
I think you’ll need to convince me that condo fees are fundamentally different than rental fees in a trailer park.
From my POV, it’s a fixed cost. The fees are used to fund maintaince on the greater whole of the housing system. A portion is used to fund the managing entity. If you fail to pay them, you will be legally removed. In your estimation, what is the practical difference?
My argument is that there are other more important factors that result in the relatively low demand (and this lack of upward pressure that results in property value appreciation), because I agree that condos do generally appreciate in value.
Can you think of ANY other reason that may contribute to the lack of upward pressure on trailer park dwelling values?
I do not need to convince you of anything, my dude.
My mistake