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Why buy a parking spot if you don’t have a car?

Dear David, My wife and I have lived in our house since our kids were young. Now they’re grown, and we are retired. We’ve decided to purchase a new-construction condo that should be ready in about two years. It’s one of the largest units in the building, and is set right on the transit line.

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Ask David

Assigning an Investment Condo

Dear David, I purchased a new build condo as an investment rental when the market was on its upward swing in 2021. The property was supposed to close in two years. I just received interim occupancy, but interest rates have gone up, property values have fallen, and I no longer think I can afford this

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