What is an apartment?

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What is an apartment?

Post  Felix07Richerd on Tue Oct 25, 2011 1:52 am

In the United States and Canada, some residents of the apartments have their own apartments, either as co-ops, in which the residents own shares of a company that owns the building or development

They are called apartments (using the American term) rather than homes because people think there is a difference and builders can go for a price 10-15% higher calling accordingly.

Whether the price differential will only compared to former apartment in say 10 years time is another matter!

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