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Real Estate
Reply to "Not having a second / vacation home makes me feel poor & depressed. Anyone else?"
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[quote=Anonymous]We have a second home. There is good and bad. It's a small cottage and we bought it 10 years ago when there was a dip in the market post hurricane Sandy. It's tiny but 2 blocks from the ocean. Good: we really haven't had any major expenses in a decade. Really---none. It's cost us nothing more than the mortgage. Same roof, same AC, no major repairs, etc. The salt air hasn't been damaging like everyone warned us it would be. It's lovely to have a place to escape to without any thought. Bad: we've never really established a community there. Part of this is our fault as we didn't spend whole summers there as the kids had commitments back at home (sports, friends, school things, etc). As a previous poster mentioned, once the kids are in junior high and high school they really want to be around their friends during the summer. I have one kid (of 3) in particular that has never really liked the beach. He thinks it's boring, hot, etc. He's gone plenty of times but it's just not his thing (fair enough). [/quote]
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