Q&A: Are condos a good investment? Or should I keep renting until I can afford to buy a house?

Question by carpediem104: Are condos a good investment? Or should I keep renting until I can afford to buy a house?
I can't afford a house in my area (at least not one I'd want to live in.) There are some condos, but I'm afraid if I buy one I won't be able to sell it down the road. Should I wait until I can afford a house and skip the condo step?

Best answer:

Answer by leslie
Depends entirely on the area and size of the unit. LOCATION!

What do you think? Answer below!