The prices of condos are going up in some areas and down in other areas, but one thing is for sure, condos are here to stay! Condo living looks like being the way of the future and there are several quite diversified reasons for their popularity.
One is obviously a reflection on our society – many of us just feel safer living in a close community that offers protection of some sort. There is also the fact that most condo owners live up higher than ground level and it is known that more burglaries happen in first floor condos.
A higher proportion of condos are also being built as gated communities these days, so condos offer much more security than a single family dwelling. Many condos also offer 24 hour security patrols or underground parking.
Security is a big factor for all of us, but especially older people who may feel frail. With the baby boomers reaching retirement age, the largest ever population of pensioners will be looking for secure housing.
As age creeps upon us, we want to do fewer chores and have more peace. Another reason why a condo is so appealing as most condo maintenance is looked after by the management. Being able to walk...
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