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Real Estate
Reply to "Running the numbers for a beach house to make it worth it"
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[quote=Anonymous]You have to let the idea go that you'd be "wasting" money if you didn't go a certain number of days. You won't ever go enough days to get your money back. Financially, you'll always be better off getting a hotel or renting a condo. Do you *want* a place to stay that's yours? Part of the value is that theoretically it will appreciate in value and your payments won't go up by much, whereas hotel rates will continue to rise. Remember that at some point, if you have kids, they'll get to an age where there will be activities on weekends that will keep you from going as often. [/quote]
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