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How does owning a condo compare to leasing?

April 26, 2017compare condo leasing owning

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How does owning a condo compare to leasing?

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Unlike leasing, where at the end of the lease term a tenant has nothing of economic value and can be forced by a landlord to relocate, a condo owner has exclusive control of a space and has an economic residual which can become a substantial retirement nest egg.