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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Those low class Bush and Kennedy families are so dumb for keeping oceanfront land in the family for generations. Don’t they know you can rent at a variety of places on Airbnb and stay in hotels?[/quote]

LOL, how stupid is this? If you're not wealthy like the Bushes or Kennedys, you might not even be able to keep the house for two generations. WHICH IS WHAT HAPPENED TO OP. Nobody here is saying that a beach house wouldn't be fantastic; they're saying that OP couldn't afford to buy it, so too bad so sad. I too am bummed that I didn't have the money to buy affordable beachfront property 10, 20, 30 years ago, but that is life.

I would also not discount how difficult it can be to manage a jointly owned property. Maintenance, upkeep and taxes can be sizable expenses, and if you have reluctant or poor owners, you are going to have to deal with this all the time. Are you going to rent the property out at all? That's another source of conflict. Does one family live closer and use the house more often? Did someone in one family leave a boogie board there and another family used it? (there was a DCUM posting like that). Who decides when to redecorate and how much to spend? What happens to the next generation, when the house needs to be divided 3, 6, or 10 ways among the offspring of three families? It's easy to romanticize the past when you don't have to shell out every year for taxes and upkeep.

We have rented the same beach house year after year and have lovely memories and family traditions, even without being Bushes or Kennedys.[/quote]

DP here.  I think renting the same exact beach house each and every year, for generations, makes a big difference - but 90%of people are not able to do that.

Most beach houses are not worth renting the same each and every year. [/quote]

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