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[quote=Anonymous][quote=Anonymous]You can't view owning a beach house a an investment.  It's a luxury, period.  
We own one (small, not fancy) and we love owning it.  But it's how we choose to spend our discretionary income.  That's it.  It's not an investment.  It costs us money each year.

We chose buying over renting because we wanted to be able to pick up and go any weekend.  We wanted our retired parents to be able to spend time there (and they would never have purchased the place themselves).  We wanted to be able to host other friends there.  We wanted to leave our stuff there and not have to cart anything to the beach when we decided to go.  Psychologically owning it (vs renting) makes it feel like our haven away from our crazy lives/jobs in DC.[/quote]

It has to be a place that is special to you, otherwise you won't go.  Also, as the kids become more involved in sports, you may end up visiting the beach house at different times than you expected. You will also need someone to keep an eye on the place, at the very least, a caretaker who is there regularly, preferably in the neighborhood.

Walking to the beach is a must, as almost any beach community has cars/parking issues.  And who wants to load up the car every time?

It may or may not "cost you money", but having your own beach hose is definitely a luxury.    [/quote]

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