Reply to Should I buy a beach vacation home?

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[quote=Anonymous]We bought during COVID, and have the low interest rate and bought at a relatively low point. We bought just outside of rehoboth (no walking to the beach), and it's a townhouse.  HOA fees are a little high.

We rent during the summer but that's only clearing us about 50% of the cost.

Kids are in high school. We went a lot in covid years, but now it's harder and harder to get there (spent a grand total of 2 nights there between Jan 5 and May 30 of this year). It does impact our ability to take other vacations (financially limits our choices). It's stressful when things go wrong.

But, it's so peaceful when we are there.  There's so much space.  It's the only place large enough to hold my extended family (my parents, siblings, and their families) so it's a gathering place.  My office has RTO, so my dream of wfh there and the kids having summer jobs there is not going to happen (and we make more renting than kids would pull in working).

I don't regret it.  And I love it when there. but there are pros and cons.  [/quote]

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