October 17, 2007
A lot of people do these days, and it might make financial sense. Obviously, there are problems with the housing market that affect the decision these days, but generally, I wish I'd thought of doing this when my sons were in college. A big problem is that older folks who like condos don't like student neighbors. The lower priced the condos are, the more likely they'll be chosen for students, and the more likely they'll have badly soundproofed walls and floors. But it would be nice if there were some condo building designed for students, that the parents would buy and then sell to each other every 4 years.