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Reply to "Not having a second / vacation home makes me feel poor & depressed. Anyone else?"
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[quote=Anonymous]If you want a vacation home today you have to pay at the top and also have high interest rates. You know that you won’t make all this crazy appreciation like ppl who brag about buying a ho-hum beach house that went up in price 2x, so for them it’s worth it as their losses of maintaining the homes are offset by the profit they could make selling. Yes, it is depressing for people wanting a second home in this market because the first advantage of having it appreciate like crazy isn’t going to happen. [/quote]
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