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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][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I really wonder about our future when these are the existential problems people are experiencing. [/quote] 5 years later and where do things stand in our now present?[/quote] Everyone who owns a second home has hundreds of thousands in appreciation and has been enjoying it for five years, while the miserable know it all proles remain miserable know it all proles in their $hit shacks.[/quote] I’m not going to be mean but there is some truth to above. Our place has gone up about 700k. We love it and have made so many priceless memories there. No way are we cashing out and plan to hold for a long time. Sometimes it’s not about the money but about family and time though. Yes we vacation elsewhere for new experiences but the second home is where we spend many weekends and the place that our kid will fondly remember spending growing up. Some things you just can’t put a price on.[/quote] My in-laws thought there kids felt that way, too. But being dragged away from their friends and activities weekend after weekend throughout their childhood has left feelings of resentment about the place and their parents that still flourishes well into their 50s. [/quote] Yes, this is real. Kids do tend to prefer stability of week-by-week routines and spending some weekend time with their friends from school too. I think having a summer home where one spends 1 month and there are local kids (or vacationers) who come every year and create some seasonal community bonds is very different from having a weekend home. The former is great, but the latter is draining TBH on people who have jobs and school aged kids. [/quote]
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