“I got the… Condo Conversion… Blues…”

By: M. Burke
M. Burke

confused woman at partyA girlfriend asked me at a party this weekend: “So what exactly IS a condo conversion?”

“That’s easy,” I said, “It’s when a community that was once for sale converts back to being rental again.”

“Oh, I see,” she replied.

Except she didn’t. Thankfully, she’ll probably never sue me for my humor because the truth is, nobody has any idea anymore who’s going condo or, more importantly, who’s turning back to the “dark side” – or, who’s turning back (but only half way); or even, who was turning back (but isn’t anymore because they think they might just pull it off – if only the Fed would stop screwing with the interest rates.)

Anyway, welcome to Rumor Control. If you have a rumor, I’ll be waiting…

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Trackbacks & Pings

  1. Orlando Condo Conversions Convert at The Condo Metropolis Blog on 06 Jul 2007 at 6:46 am

    [...] been here before. Back in December 2006 we were already seeing condo conversions go back to rental. Then in January, Eola place went belly up. Then there was Knightsbridge at Stoneybrook – a fairly [...]

Comments

  1. Mollie Granger wrote:

    hahahaa… never a truer word was spoke… i have no idea what’s going on anymore… every time i ask about a conversion, someone tells me it’s already gone back to being rental – on the quiet of course.

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