Advice

We Have $1.5m In Cash And Make $680k Per Year: Should We Max Our Budget To Buy A 4 Bedder Condo Or A Smaller One?

  • February 2, 2024
  • 9 min read
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visitor
visitor
20 days ago

you can change another number and post in another day. meaningless analysis

Stacked Homes
Admin
19 days ago
Reply to  visitor

Hi, thanks for sharing your feedback. The property market is always moving and so we rely on new data as they come on. This is why when talking about capital appreciation, we don’t place too much weight on it. Ultimately, it boils down to the project, timeline and state of the property market.

Visitor
Visitor
20 days ago

A 4-bedroom apartment at 1500sf is still a tiny space, it will almost be exactly like your current home but with just an extra bedroom.

Propertyfanatic
Propertyfanatic
19 days ago

Why isnt ABDSD included in the calculations? The ABSD on a new 2.9M property is already at $580,000 alone. The combined BSD and ABSD on a 2.9M condo would be $694,600. The couple wouldn’t be able to afford it.

Laitrade
Laitrade
18 days ago

Because wife’s name is first property

Propertyfanatic
Propertyfanatic
19 days ago

Why isnt ABSD included in the calculations? The ABSD on a new 2.9M property is already at $580,000 alone. The combined BSD and ABSD on a 2.9M condo would be $694,600. The couple wouldn’t be able to afford it.

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