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Reply to "Stats for purchasing a second home and is it a good idea?"
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[quote=Anonymous]We bought a second home in fall 2020 and it has been the best thing. Really, really great for our whole family. We're in a fairly similar position to you, cash flow-wise, and the main thing I'd suggest is that it's financially fine in terms of our regular cash flow. But in times when expenses in our regular life get lumpy (kid starts orthodontics or therapy, summer camp payment is due, we book flights for travel elsewhere), the "pinch" - and associated brain stress of that - is a bit more acute. [/quote]
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