What is the impact of unemployment rates on the apartment rental market? What are the long-term ownership costs of a condo?

The main difference between a condo (or condominium) and an apartment can be summed up in one word: ownership. Apartments and condos are units within a building ... Mar 26, 2025 ... A condo can be similar in structure to an apartment — usually a unit within a larger residential building — but condos are owned instead of ... Feb 3, 2020 ... A condominium is a type of property where you own a residence and co-own a share of the community property or 'common elements' with other people. Jul 16, 2021 ... Hi, 1) Technically, an apartment is a private condo land size less than 4,000 sqm. A private condo's land size must be larger than 4,000 sqm to ... Nov 15, 2022 ... The most notable difference between an apartment and a condo is ownership. A tenant in an apartment signs a rental agreement with the owner of the building and ... Generally, both are apartments within a multi-unit building. The major difference lies in the ownership structure. February 4, 2022. Spray Background Green. Nov 21, 2023 ... The main difference between a condo and apartment is that an apartment is not available for sale and complete ownership. Meanwhile, you can buy ... Oct 31, 2020 ... 'Flats' are used more generically, as in to indicate lower social class dwelling, whereas the term 'apartments' is used to indicate an upper class or luxurious ... Personal Property Coverage. In 2018, fires caused $6.5 billion worth of loss in one- and two-family homes. An additional $1.5 billion occurred in apartments, ... Aug 8, 2022 ... The biggest difference between condos and apartments is how you pay for them. You'll pay rent for an apartment based on the terms in your lease ...