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Real Estate
Reply to "Vacation and Weekend Homes"
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[quote=Anonymous]Even ignoring property taxes and upkeep you have to think about the opportunity cost of having all that equity in the vacation house vs other investments. That said, I would 100% have a vacation home if I lived in Boston or NYC area and had Cape Cod and New England skiing closer by. There is nowhere 2-3 hours of DC that I like enough to get a vacation house. We thought about getting a place on Cape Cod anyway, but it is just too far and hard to get to. And I can't justify a ski condo when they are so easy to rent. [/quote]
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