Investment Condo's

[sprudham]

I've read a number of posts where downtown condo buyers are concerned about the number of rental properties scattered amongst the owner-occupied units. Personally, I see it as a positive indicator of the general shift in mindset about 'how' and 'where' we live. The latest generation of young entrepreneurs and professionals don't want to be tied to a specific location, office or even a specific home for that matter. They work virtually, host business meetings in coffee shops and move with the tide. They may not be ready homebuyers, but they attract life and fun and activity to our core. Something we can all agree is beneficial for all of us.

And to accommodate these beacons of activity, we need the investment condos. It's the circle of downtown life. Our renters today will most surely be the investors of tomorrow, because they understand the need, the desire and the profitability of an urban condo.