I bought a condo in 2015 and it was the correct decision. Stuff breaks, I’ve got to deal with my condo neighbors, and all the usual home ownership stuff, but I’m still glad I did it. I’m friends with most of the people in my building, there’s zero chance of my mortgage payment increasing, and my housing is stable. Even if it didn’t appreciate in value, which it does, I still make money in equity by paying down the principle every month.

Ultimately, you have to decide what’s right for you. Every case is different.