Why are condos so hard to finance?

Why are condos so hard to finance?

Very, very annoyingly, since working in a city like Boston we deal with condos all day long, financing condo deals has become increasingly difficult as this financial crisis continues.

 

We just had a client who made an offer on a condo proeprty in Cambridge, and the place had ......

 

http://www.boston.com/business/personalfinance/articles/2009/05/23/condo_ownership/

 

http://www.boston.com/business/personalfinance/articles/2009/05/23/new_rules_on_condo_loans_hindering_some_buyers/ 

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