This question can only truly be answered with the help of a crystal ball. Condo values are subject to market fluctuations, and location is hugely important, just like any other type of housing. Increasingly, people want to live close to city centres, so they can access employment, entertainment, and even forego car ownership. Condominium is often the only alternative for people who want this lifestyle. Maintain and update your condo so it holds its value. And remember that you have to pay for a roof over your head regardless; why not build your own equity instead of a landlord’s?