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P M
Michael Bordenaro
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Comments by "P M" (@pm2886) on "WE JUST WANT OUT! Condo Terminations SKYROCKETING" video.
Apartments used to be a good downsizing option. Lots of retirees bought apartments as a result. The problem now is that yearly strata fees (what Americans call HOA fees, but specific to apartments) for newer buildings can be as much as $15k a year. At that price, you basically need to be working. It's no different to rent or mortgage payments - the last thing you want in retirement!
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@tinat5484 The end game is control and profit. They don't want the working and middle classes to own property. They want us life renters in urban prisons.
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@chantalle7340 Shingles contain asphalt? Not where I live. Here, they're slate, and last many decades. Over 100 years, easily.
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@kokeskokeskokes Same. I own an old house, built like a castle. No insurance!
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