Not seeing the downside to owning a house compared to a condo?
Wait until you have to replace your roof....
A condominium is a term used to describe a situation where you don't actually own the property you are living in, but you own a share of a company which owns all the properties, your share in the company is based on how expensive your unit is in comparison to all other units in your group.
A condominium could be a high-rise apartment unit, townhouse, or even a detached single-family home in a 'fake-neighbourhood'
As long as you have a good management company with a good contingency reserve fund for emegencies, you should be fine with either a condo or a house.
Pick the place where you want to buy, don't get too hung up on the differences between the two types.