The median home price in DC is outrageous. 1-2 bedroom condos are probably going for $500,000-$600,000 and for that you get to pay a monthly condo fee forever and live in one of the most violent and disfunctional cities in America.
That monthly condo fee you mentioned covers lawncare, snow removal, garbage removal, and ammenities like tennis courts, meeting center usage, swimming pools, and onsite gyms. Sometimes for far less than one would pay as a homeowner purchasing each of those services himself/herself for a traditional home. Lots of singles and busy professionals dig condo-style living.
~ Blue Jays ~
"you get to"....pay a monthly condo fee forever and live in one of the most violent and disfunctional cities in America"
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In the USA you get to do whatever you choose to do.
I am astonished at the sour grapes and vengeful remarks about the FREE market on a "conservative" thread.
Don't be a loser, be an American!