Re: Renting vs Owning
wow, it's neat what you stumble upon when you're awake far too early on a saturday morning..
henry, i've spoken to you on that awful blue website about the building.. there's now two penthouses for sale. as someone who monitors this building closely, i would recommend against buying. some units sell quickly (406 in about a month, but now it's for rent) but many linger..
one of the penthouses has been on the market for about over a year (unlived in) and the other one just came on the market last month. i know (or know of) the owners of all the penthouses and they're basically 8 to 9 figure millionaires (or they built the place). the cost of their penthouses probably was not a very big deal to them. i'm not sure of your own financial situation but i don't see it wise to get tied to a 1.5m+ asset that will be next to impossible to unload.
there will always be units for rent in here at varying prices, you can switch units with ease. (i'm on my 2nd unit in 3 years). i think your mind was made up anyways. [img]/images/graemlins/smile.gif[/img]
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