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Real Estate
Reply to "Second home vs Larger home "
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[quote=Anonymous]We own a second house at the beach. We don't rent it out and we spend the summers there. We LOVE our house and the time we spend there. All that being said, this is a no brainer for me. If I were you, I would buy a bigger primary house. You are going to trade year round comfort for a couple of weeks at the beach? And add in the extra costs of ownership and the hassle of renting? It doesn't make any sense. Not to mention, I don't think anyone has any idea of what real estate trends are going to be in the next few years. For a primary home, that matters a lot less. In the second home market - it matters. Real estate values in vacation areas are starting to come in, sit on the market longer, and could fall further.[/quote]
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