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Reply to "How much $ to buy vacation home"
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[quote=Anonymous]Buying a vacation home is not a financial investment, it should be considered an expensive hobby. If you have the flexibility to buy and maintain (taxes on waterfront properties can be very high, second homes don't qualify for homestead exemptions, insurance , esp flood insurance, is expensive, and you'll need to hire a property manager if you can't be there often), then it's an incredible way to spend time with friends and family. Also, when you buy, you get to know the neighbors and a community in a way that you don't when you rent.[/quote]
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