These days it seems like everyone’s life is on hold. With the recession, nobody wants to make a huge financial commitment, no matter what that commitment happens to be. Whether it’s getting married, having kids, or buying a house, everything is on pause for a while until the economy can reboot itself.
So what does this mean for condo sales and condo rentals? Well, that’s one area of the market that actually isn’t suffering very much. There are a number of reasons why many young people are regarding condos as a great option.
For one thing, a condo is less expensive than a home, so it is immediately more accessible and affordable. They can feel like their lives are moving forward without over-committing themselves. A condo is also not a terrifically viable place to raise children and a family, so there is a kind of automatic deferral of those responsibilities.
But a condo in Calgary doesn’t have to be looked at as a stopgap. It can also be a great home, no matter where you are at in your life or what your goals are.
If you’re interested in looking at condos in Calgary you can view listings here. There is probably going to be a neighbourhood and a situation that works well for you.