
$299k apartment w/ $2k monthly HOA - Someone Help Me Understand the Logic
If you can afford to spend $4k/mo on housing, why not buy a nicer home that doesn't involve an HOA higher than your mortgage?
If you want the amenities of an apartment, then why not rent an apartment for $2k/mo? This is in STL, and you can get a nice apartment for that amount.
Can someone explain the math as to how this could ever be a financially sound decision?