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Travel Discussion
Reply to "Talk to me about hidden costs of buying a vacation home"
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[quote=Anonymous]Op - we considered buying a second home when our kids were young and now that they are older (10+) I am very happy we didn't. One reason is once they get a bit older, nice travel vacation are very possible but expensive. If you have all your extra money tied up in a second home and feel guilty about not using it all the time, you may not plan these vacations. In our case they are bonding experiences and learning experiences for our kids (and us). Secondly if your kids get into any sports (and many do) your weekends will be filled with sports obligations. Our schedule now has multiple games every weekend and my daughter has practices friday nights. Dance, music etc can have the same effect. Even the summer get filled up with activities you don't imagine when kids are small. I like PP analyisis - third paragraph is very good. Renting it out is a real pain if you think that is your backup.[/quote]
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