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Friday, August 6, 2010

Moving time

Well, the shit has hit the fan. The real estate shit that is. We’re gonna have to move soon.

I got a call from our landlord this morning, announcing that he is planning on selling our condo. We’re just having no luck.

Ten years ago we came to the building and moved in in unit 504. A little over a year later the landlord sold the place.

In the same building we moved to unit 402. A little over a year later the landlord sold the place.

From there we moved, still in the same building, to unit 502. A little over a year later the landlord ... you guessed it, sold the place.

That’s when we moved into the unit we are in now. In this unit we’ve been for about 6 years, but now, now it’s selling time again.

Damn it and we just recently fixed the place up. We painted everywhere and modernized the kitchen.

The building is far from ideal, but over the years it’s become home.

It also has a very convenient location. Within walking distance of the subway station, close to stores, close to the bowling alley and everything else we need.

It’s not moving that worries me, it’s the price of rental units. At the price we’re renting now, we’ll never find anything similar.

We’re considering buying the place, that way we’ll never have to move again, but do we really want to do that? Over the years the quality of residents in this building has gone down and the management and Board of Directors are far from ideal.

Along with the downsides, the building does have some good points. The units are large and the balconies are enormous.
We’ve seen other condos in the past and my goodness, in comparison those are shoeboxes.

What will the future bring? The real estate future that is.

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