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

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][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]

You are the lucky one getting invited to people’s homes and enjoying property of others for free  :lol: be thankful.  Maintaining a second home unless you are super loaded and have staff is not a piece of cake you think it is.  Also not many are capitalizing on their second homes and for most middle classes it’s a drain.  This money would be better spent as an income property or other investment and used for vacations to go to places you don’t need to worry about, maintain or pay extra for when local governments screw you over or there is some natural disaster or whatever.

I think the only thing you can envy is flexibility some people have to be able to go away for a month or two, which means not relying on a job that rations vacation time or having ability to WAH. [b] People who[/b] do not need to work for a living and [b]have kids who aren’t tied to a bunch of activities, sports and having to stay local most of the summer is who you should look up to, as they have true freedom of time[/b].  Where they stay is not even relevant. [/quote]

This. If you have kids in baseball, lacrosse, and plenty of other sports, forget spending an entire summer away.   We have WAH flexibility and moved from the area to a resort/mountain time so that we're happy with where we're at when we're grounded for sports.  [/quote]

This sort of hyperbole is such a cope. For one, travel sports are not literally every weekend. And I personally know plenty of rich parents with kids in travel sports who also have vacation homes. This obsession over how many weeks or weekends you’ll actually use a vacation home is a prole tell. Comfortably UMC and rich don’t obsess over such a thing. They want a vacation home to use it when they want; random getaways, holidays, a week or two off work.[/quote]

People who actually stay wealthy make rational decisions about how they spend their money.  They don’t just buy something because it’s a status symbol and “joining a club”.  You can think it’s a cope all you want but your overwhelmingly mediocre house in an overwhelmingly mediocre vacation destination isn’t making anyone envious.  Get past it.[/quote]

No, they don't. I have an acquaintance who is a member of 7 clubs, and a few of them required a real estate purchase, so they spent seven figures to buy a piece of land they never intend to build on.  They seem to join clubs because they can and each one is the next best thing. [/quote]

Right? People with money burn money all the time. If the second home loses money net net, who the hell cares, life is short and the family enjoyed it.[/quote]

The only people who care are those who are dissatisfied with their own choices. If you've got money to burn, buy the homes. Or if you prefer, rent the homes. [/quote]

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