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Real Estate
Reply to "Second home vs Larger home "
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[quote=Anonymous]We did the "keep the small house in the city and buy a larger waterfront house" thing and it was great when our kids were small and my work situation allowed us to spend extended periods of time there. Then the kids were in real school and my work situation changed, and we couldn't spend as much time there. I did the math and realized that, for what we were spending per night on the second home, we could fly to Paris and stay at the Georges V. Then we rented a cabin for the weekend and when I dropped the key back into the lockbox and realized that the maintenance of the cottage was not my problem, that sealed the deal. We sold the second house, and bought a nicer home in the city and never looked back. Bottom line is that it depends on how much time you can spend in the second home, but for us, it just didn't make sense to spend our time in a small house and spend $$ on a very nice house that we rarely saw. [/quote]
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