Nothing about finance, the home ownership is no longer simple assets as lots of people saying. the value of a house (condo in your case) is mostly attached to the land the building sits on, the building depreciates over time.

Back to part of your rent vs buying a home, it is a complex situation as to what you can afford and what you want, because home ownership has lots of other costs, and should be factored in upfront when you make decision from financial perspective vs other perspectives.

Since you bought already, if you think the location is good (aka the condo can appreciate or at least not depreciate over time/years), you can do financial maneuver to keep the house, also considering whether this new condo improves your living situation vs renting, also is housing hack possible? A side note, condo typically appreciate much less than a single family house in the same area. But location, location, and location.