Reply to Not having a second / vacation home makes me feel poor & depressed. Anyone else?

Forum Index » Real Estate

Reply to "Not having a second / vacation home makes me feel poor & depressed. Anyone else?"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous]With seemingly everyone who has one gone from their main residence right now, anyone else feel this way? Be honest.

Because honestly, this week I can't stop feeling "poor" (not literally, relatively) because we don't have a place to escape to. Relying on whimsical invites to friends' and family vacation homes at this point in our life just feels so low and desperate. I don't care how much or how little financial sense it makes, we need a second home. I'm so over being trapped at home all year, fishing for invitations, or even renting for a week at a time. Perhaps this is the precise feeling that motivates so many to buy a second home?[/quote]

I can understand how it's hard when it seems "everyone" is doing this. Here's another perspective from a Financial Planner friend: there is a reason many people end up selling second homes after a few years when the novelty wears off: maintenance, expense, not having time to go to the property when kids are younger due to all their activities, not going when kids are older because they have their own lives, managing rentals or rental agencies to earn enough money to cover the mortgage, then having to deal with renters who don't take care of your place. Think of how preferable it is to rent ANY property when you want or to go any of a million other places on vacation and not feel tied to the same old place because you're paying a mortgage there. There is a lot more freedom in not owning a second property than there is owning one. [/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics