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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][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] Good lord. I'm skeptical of this story. I grew up going to a summer house and we left the day after school ended in June and didn't return till the day before school started. I remember the mad rush to Staples to get school supplies after the long drive back from Cape Cod. Not once did I or my siblings ever resent being "dragged away" from our hometown friends for the summer. We had a whole summer life on the Cape. Any adult in their 50s who has resentment feelings over having to go to a family summer house or weekend house has other problems - if they exist. [/quote] I don’t know, this story sounds legit to me, and I speak from experience as well. For a large chunk of my childhood we’d spend all summer every summer at a lake house in upstate NY, and while there were parts of that I loved, I always hated knowing I wouldn’t see my friends until after Labor Day. Getting back would always be hectic too, since my parents always wanted to be at the lake until the last possible moment.[/quote] +1 Second homes are great when kids are young, but once they’re into friends, sports, and other weekend activities, it can be a constant struggle to go for a weekend without them protesting.[/quote]
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