Not to rub it in, but something many people also don&#x27;t consider when looking at condos is that there are generally speaking condo fees associated which can easily run $300-$800 for a run of the mill condo depending on amenities. There&#x27;s also a dirty little secret that really doesn&#x27;t get a lot of air time, many of the condos have what are essentially builder &#x2F; developer royalties that go to the developer in perpetuity. So, on top of dropping 5 digits on closing and paying thousands in property taxes, you get to pay monthly fees and part of those go to the developer that built the complex with lowest bidder and shoddy illegal immigrant labor.