People are willing to live in condos just fine. But everything is unaffordable now. Every new condo building has crazy HOA fees with prices that are totally out of reach.
We're not building out or building up. So yeah. It's bad.
> Every new condo building has crazy HOA fees with prices that are totally out of reach.
At least here in San Francisco, even old condos have HOA fees that are within shouting distance of "market rate" rents... on top of the absolutely absurd purchase price. It's madness.