I am a new home buyer looking for a unit.
Just wondering is it better to buy a unit that is about 10 years old or that is 30-40 years old? I've noticed the walls on newer properties develop cracks while those on the older properties seem stronger.
Are 30-40 year old units considered too old?
There's no reason to believe that more recent residential buildings are more prone to cracking; the contrary would be more likely. More recent buildings would be designed with a better appreciation of footing design and foundation (i.e. the material under the building) conditions. And pre-July 1985 buildings can't be depreciated (only applies to plant and equipment such as carpets, blinds, oven etc)
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