<prompt> Human: I have 4 years left until I graduate. I was wondering the pros and cons to buying a small condo if you have the cash vs renting an apartment. I read scary things about price depreciation and housing market dying for condos. Edit: thanks for the input everyone. I decided after reading all the comments to just rent. It seems like the only way I could profit would be to become an eventual landlord which at the moment doesnt sound appealing. Assistant: Yes. It does depend on your particular situation though. If you can afford the rent Id suggest to keep the money for your expenses or invest it in another vehicle rather than to buy a condoNow the exception: if you expect to live there for many years and dont plan to buy a house then a condo could be a good purchase since you were going to spend money on one anyway.Human: Thats an unknown at this point. If I rented, Id pay about 9k a year x 4 36k. Would I potentially lose that much from condo expenses, insurance, re-sell value? My other concern is also that I wouldnt have any fluff cash if I needed it.  <response>: Context: I spend 9k a year on condo fees and property taxes. I regret my condo purchase. Should have bought a house. 