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Reply to "Can We Afford a $1.5MM Second Home?"
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[quote=Anonymous]You're 59 OP - you want to drop $750,000 on the place (not counting insurance and monthly mortgage). How often are you planning on going? How much would a similar place be to rent? Will you be happy just going to that one place? Even if a week at a really nice place was $10k (with airfare and what not) you could go 75,000 times... IMO it's not worth it, not when it's an area prone to hurricaines and what not.[/quote]
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