Not having a second / vacation home makes me feel poor & depressed. Anyone else?

[Anonymous]

Anonymous wrote:I must be really poor because I don't know anyone with a second home to ask for an invite lol

Really? I don't consider a modest second home to be a 'super rich' one-percenter thing. New Jersey UMC and rich have the Jersey shore. Boston have the Cape, Nantucket, and Maine. New Yorkers have the Hamptons and Jersey shore. DMV have Bethany, Rehoboth, etc.

Plus it's quite common for affluent cold climate families to have a place in Florida.

[Anonymous]

Anonymous wrote:With seemingly everyone who has one gone from their main residence right now, anyone else feel this way? Be honest.

Because honestly, this week I can't stop feeling "poor" (not literally, relatively) because we don't have a place to escape to. Relying on whimsical invites to friends' and family vacation homes at this point in our life just feels so low and desperate. I don't care how much or how little financial sense it makes, we need a second home. I'm so over being trapped at home all year, fishing for invitations, or even renting for a week at a time. Perhaps this is the precise feeling that motivates so many to buy a second home?

Bingo.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:No second home for me. I’d rather take that mortgage and time and travel the world!

I'd rather build equity in a second home than leave photos to my children and grandchildren (which they'll just put in boxes in storage) from travel "experiences".

This is how we feel about it too, with our second home, where we will spend the summer because we can't travel anywhere. Traveling holds less appeal to me than it used to because there are fewer and fewer places that aren't overtouristed. I will admit that I don't like people well enough to have to deal with too many of them on my vacation.

I was going to post the same thing. We have our second home and will spend almost all the summer here (and have been here for all the pandemic) except for one summer camp in DC. Our place is on the water and less than 2 hours from DC. And a nicer house than our DC house for less money bc is is a LCOL area. Our combined mortgages are what we would have to pay in total to upgrade our DC house. So now I build equity in two homes.

And we can still travel. But travel doesn’t interest me as much anymore bc as you say, everything is overtouristed and air travel exhausts me. And I don’t like crowds. But I don’t feel like I can’t vacation anywhere bc of my second home. I don’t feel like I have to come here. Pre-pandemic, we came when we wanted to.

I grew up summering in our second home on the water. Those summer memories and friendships trump any expensive international trip my family ever took. Renting, and I don't care how nice the place is, is just not the same; it's too transient.

[Anonymous]

We had a second home for 10 years, a beach condo in South Florida across from the ocean with ocean views from every window. It was fun for the first 7-8 years, then it became burdensome with the exorbitant condo fee and huge assessments to cover repairs on the two towers. We sold in 2019 and I have never felt more relieved and richer. I am happy to rent an AirBnB and not be responsible for the maintenance and upkeep. I never looked back. My kids (twins) are leaving for college in the fall and I am glad to have the extra cash for college costs and DH and I to travel. WooHoo!

[Anonymous]

Anonymous wrote:With seemingly everyone who has one gone from their main residence right now, anyone else feel this way? Be honest.

Because honestly, this week I can't stop feeling "poor" (not literally, relatively) because we don't have a place to escape to. Relying on whimsical invites to friends' and family vacation homes at this point in our life just feels so low and desperate. I don't care how much or how little financial sense it makes, we need a second home. I'm so over being trapped at home all year, fishing for invitations, or even renting for a week at a time. Perhaps this is the precise feeling that motivates so many to buy a second home?

Started feeling this way around 40. That’s the age your professionally successful peers are getting rich and your born rich peers begin inheriting large sums from late parents.

[Anonymous]

Anonymous wrote:With seemingly everyone who has one gone from their main residence right now, anyone else feel this way? Be honest.

Because honestly, this week I can't stop feeling "poor" (not literally, relatively) because we don't have a place to escape to. Relying on whimsical invites to friends' and family vacation homes at this point in our life just feels so low and desperate. I don't care how much or how little financial sense it makes, we need a second home. I'm so over being trapped at home all year, fishing for invitations, or even renting for a week at a time. Perhaps this is the precise feeling that motivates so many to buy a second home?

LOL no

I have had quite a few. Pain in the neck.

I just sold our beach house. Crappy neighbors, I am so over it. I will miss the sunsets otherwise not the HOA< Neighors< Dealing with issues inside and outside the home.

Omg hotels YAY

[Anonymous]

Not sure why pp decided to dig up a three year old thread, but the difference in attitude between May 2020 (from the throes of the covid lock down) and now is pretty dramatic. From the peak of the pandemic, the second home market still has a long way to fall, IMO.

[Anonymous]

This horrible post again? Why! It's gross.

[Anonymous]

Anonymous wrote:Not sure why pp decided to dig up a three year old thread, but the difference in attitude between May 2020 (from the throes of the covid lock down) and now is pretty dramatic. From the peak of the pandemic, the second home market still has a long way to fall, IMO.

It's fascinating to read all the dunces chastising people for owning second homes. How stupid to lock in historic low 2% on a $700k vacation home now worth $1.7mn a few years later. Pissing away your money making the mortgage payments for airbnb and vrbo hosts is far smarter.

[Anonymous]

My brother in law owns an Airstream, does that count?

[Anonymous]

Anonymous wrote:This horrible post again? Why! It's gross.

Why gross?

[Anonymous]

Buy this and send pictures to your friends, but you'll need a drone for full effect.

https://www.zillow.com/homedetails/48-Wild-Rose-Avon-CO-81620/13500509_zpid/

[Anonymous]

Anonymous wrote:Buy this and send pictures to your friends, but you'll need a drone for full effect.

https://www.zillow.com/homedetails/48-Wild-Rose-Avon-CO-81620/13500509_zpid/

Sold in 2000 for 975k and now 7m.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Buy this and send pictures to your friends, but you'll need a drone for full effect.

https://www.zillow.com/homedetails/48-Wild-Rose-Avon-CO-81620/13500509_zpid/

Sold in 2000 for 975k and now 7m.

Pretty sure the 2000 sale was the lot.

[Anonymous]

OP my beach house came with neighbors that from day one
Antisemitic
Racist
Stalkers
Mean Girls
Posse of old white dudes one with a gun.

Happy to have just sold. Miss the sunsets that's it.

Grass is not always greener.