Condominium
Taken from Uncyclopedia, the content-free encyclopedia.
A condominium (condom or, occasionally, condo for short) is a 20th-century living arrangement satisfying the needs of that small but significant part of the population who require proximity to loud neighbors, the payment of association fees, and a total lack of property resale opportunity. The proliferation of rules governing ones own and ones neighbors' behavior is a large part of the condo's appeal, especially to Wikipedia editors.
Condo owners believe themselves to be future Real Estate Barons, since they know what nobody else in the world is financially sophisticated enough to understand: that all housing always gains value at 20% per year. Because of this special knowledge, they feel entitled to become wealthy simply by signing up for a 40-year-no-downpayment mortgage at the bank, convenience store, Money Mart, or pawn shop. Most condo owners pass their days at the YMCA watching little boys take showers while they wait for God to make them as rich as they know they are entitled to be.