I am feeling very depressed because lately I am thinking or wanting to sell the condo unit that I live in. I don't know if depression within me is the reason that I'm making that decision.

I have lived at the condo complex for about 14 years now. About two years after I purchased my unit, I had gone for a 15-year mortgage. So my mortgage is nearly paid off and the value has gone up since I purchased my place. But there are times if I feel like if I'm making a mistake in making the move.

I have been extremely unhappy at my complex for the last few years. When I first moved in, I missed the old place that I lived at even though I was enthusiastic about the move. But it didn't take long to know that I made the right decision. It had been pretty good for quite a few years that I've been here. It was not very stellar socially, but I met some nice people and it was peaceful.

And now lately I feel like I can't stand it. The place had changed because so many owners rented out (sorry, I mean no offense to anyone who rents a place). I would go to the pool area and met some pretty nice people. And now it seems like the people are so different. They seem low class and very cliquey. The pool area is a good place to meet people, but lately it seems like I don't have much in common with the people and they seem like they don't like me.

It seems like I'm the only one at the complex who lives alone. The people at where I live are judgemental and have spread rumors about me that are not true. There were some black people that told other black people that I am racist. That's really not true. I felt like I have not done anything to hurt or offend anyone. I feel extremely lonely.

I have friends but not many. They seem to be far away for me to see them often. I would think that it would be nice to at least make a casual friend at where I live. But it doesn't seem possible.

I have been thinking of moving out. I feel very heartbroken about it because the place is nice that I live at. The people are not.

[live2ski66]

I understand, that phenomena happens all too often, real estate prices go up, people take out equity, move "somewhere nicer" and rent the old place to pay for the mortgage on new one.

That said, have you considered renting yours out and checking places closer to your friends? You could do a six month lease, get a feel for it, if you don't like it, try a new place. I'm doing that right now. I don't know where I want to live, so I'm looking for 6mo leases to try out he various places. And yes, I too am very depressed, that is why I'm limiting myself to 6mo leases. I've made some very stupid Real Estate moves under the influence of depression and alcohol.

Good luck!

[Little Lulu]

will19 - just keep talking about this issue before you make a decision. Giving up a place that is almost paid for is a big thing. And making an 'external' change in the hope that your 'inside' may or may not work. Several years ago I moved across the street from my sister and her daughter with the idea that we would be 'closer'. I knew there would be ups and downs going into it but it has been more challenging than I imagined.

Just give it a lot of thoughtful consideration ...

[venusss]

Aren't the property prices quite low at this point? It might be not good decision finantially. You may lose out big time.

And moving is stressful and there is no garantee people will be better elsewhere, or that you will feel better.

[hvert]

It stinks, doesn't it? My neighborhood is also slowly changing from owner-occupied to rentals.

There's nothing wrong with moving after fifteen years. Neighborhoods do change over time and so do we. Luckily, you didn't buy at the peak of the bubble so you can leave without losing your shirt, if that is what makes sense for you.

Possibly simplistic, but....

If you no longer like where you live, then move.....