Reply to Do you think a vacation home is a good investment?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]With hurricanes and rising tides beach property seems really risky to me.  I think people also often buy when they have little kids and then find with other kids that they can’t really use it due to sports and other commitments.  The people I know who use them regularly have kids who are kind of introverts and/or don’t do sports or theater or dance or anything like that.  [/quote]

I’ve always found it odd that people list climate change as a reason not to buy a beach house while ignoring that such a huge portion of our GDP and infrastructure are based in coastal cities.

If climate change disaster happens, we’ll all have a lot bigger problems than just a beach cottage being wrecked.

Live your best life now.[/quote]

But you can "live your best life now" by just choosing to rent when you want to go to a beach cottage/vacation.  Plenty of excellent choices to rent and then you don't have to spend the other 50 weeks of the year stressing about maintaining the home.  And you can invest your savings, since you don't have a money pit to maintain.  
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Did you read the full post you replied to?  I think not.[/quote]

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