Is a second home ever worth it?
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Date: December 7th, 2025 11:08 AM
Author: ,.,...,..,.,.,:,,:,.,.,:::,.,..,:,.,.:.:.,:.::,.
Assume you spend 2 weekends each month and most of the summer
(http://www.autoadmit.com/thread.php?thread_id=5807480&forum_id=2).#49491142) |
Date: December 7th, 2025 11:15 AM
Author: ...,,..;...,,..,..,...,,,;..,
Its consumption. But better than most consumption
(http://www.autoadmit.com/thread.php?thread_id=5807480&forum_id=2).#49491152) |
Date: December 7th, 2025 11:16 AM Author: spaceport2525
If you have kids seems a bit weird to have them spend summers away from friends unless you're an ultra-richmo where your circle just moves around accordingly.
If you don't who cares the money isn't going to do anything for you when you're dead so might as well
(http://www.autoadmit.com/thread.php?thread_id=5807480&forum_id=2).#49491155) |
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Date: December 7th, 2025 1:31 PM
Author: ............,.,.,.,.......,,.,.,
Or you have a community with second home. Obviously not entirely applicable to OP, but knew a buddy whose grandfather had bought a lake place that his dad then inherited. Everyone else around the lake had bought at the same time, so his dad grew up with the other kids who now bring their kids there and it's like a second community where everyone knows each other.
If you're an extrovertmo you could probably recreate that.
(http://www.autoadmit.com/thread.php?thread_id=5807480&forum_id=2).#49491492) |
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Date: December 7th, 2025 12:16 PM
Author: ,.,...,..,.,.,:,,:,.,.,:::,.,..,:,.,.:.:.,:.::,.
nokidsmo. i like being outdoors but not an outdoorsmo
(http://www.autoadmit.com/thread.php?thread_id=5807480&forum_id=2).#49491316) |
Date: December 7th, 2025 12:34 PM Author: you\'re the puppet
Depends on the type of home but most homes need a shitton of maintenance and it seems not worth the bother. We can barely manage to take care of one house and there's a long list of projects we need to get to and we don't have the time to deal with it.
If you're retired or generally have a lot of extra time on your hands then maybe it's worth it.
(http://www.autoadmit.com/thread.php?thread_id=5807480&forum_id=2).#49491346) |
Date: December 7th, 2025 12:48 PM Author: Heil Hitler (TT6)
of course? its basically free?
by the time you sell and deduct all you spent on having the home, you broke even or came out ahead, so you had a free 2nd home during that time.
(http://www.autoadmit.com/thread.php?thread_id=5807480&forum_id=2).#49491371) |
Date: December 7th, 2025 12:51 PM Author: bloomington (🦬)
As someone who grew up in a family with a vacation home - I would be extremely wary.
I would rather have grown up in a family without one.
(http://www.autoadmit.com/thread.php?thread_id=5807480&forum_id=2).#49491388) |
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Date: December 7th, 2025 11:18 PM Author: .,..,.,..,.,.,.,.,.,,
What the actual fuck.
(http://www.autoadmit.com/thread.php?thread_id=5807480&forum_id=2).#49492871) |
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Date: December 7th, 2025 2:02 PM
Author: ,.,...,..,.,.,:,,:,.,.,:::,.,..,:,.,.:.:.,:.::,.
i would definitely not want to retire in the second home. would go somewhere else. but would spend holidays and summer months and 50% of weekends at second home.
(http://www.autoadmit.com/thread.php?thread_id=5807480&forum_id=2).#49491553) |
Date: December 7th, 2025 2:51 PM Author: ...,....,,........
Why not just get an Air BnB?
You don't have to pay any of the upkeep or other maintenance like you would for a home that you own.
(http://www.autoadmit.com/thread.php?thread_id=5807480&forum_id=2).#49491686) |
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Date: December 7th, 2025 11:55 PM Author: .,..,.,..,.,.,.,.,.,,
The sweet spot IMO is a 4/5/6 hour drive (or 1 hour flight)—long enough so there’s real separation between your primary home life and the vacation spot but close enough that weekends (or at least long weekends) are doable.
(http://www.autoadmit.com/thread.php?thread_id=5807480&forum_id=2).#49492940) |
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Date: December 8th, 2025 12:20 AM Author: .,..,.,..,.,.,.,.,.,,
I think you also have to factor in getting away from the people you see M-F. When it’s too close (e.g., your under 2h spot) you end up surrounded by all your workplace / hometown fags. That may be appealing for some people but not me, it makes it harder to feel psychologically separated from your primary home environment.
(http://www.autoadmit.com/thread.php?thread_id=5807480&forum_id=2).#49492981) |
Date: December 7th, 2025 11:52 PM Author: .,..,.,..,.,.,.,.,.,,
holy shit at all the pearl clutching analysis in this thread
Of course having a second house is great wtf is wrong with you people
(http://www.autoadmit.com/thread.php?thread_id=5807480&forum_id=2).#49492938) |
Date: December 8th, 2025 12:01 AM Author: the walter white of this generation (walt jr.)
Growing up my family had a beach home and a ski home, neither of which were within driving distance of our actual home. I did not like it because it locked us into a disproportionate number of vacations at those two places. We never lived at either or stayed for more than 2 weeks at a time.
I will say that my parents are naturally gifted home repairers, additioners, and decorators who sold those properties at wild profits and have since done the same with several others. For some of these I'm talking from under $1.5 to well over $2 in the course of less than 5 years (this wasn't some one-off miracle; they consistently got great gains). They would also rent them (short-term vacation) out through local property management companies when we weren't there; my parents would handle some repairs and replacement of stolen/lost/broken kitsch, but none of the day-to-day.
If you don't *like* that shit then obviously don't do it, but this is not, say, buying a boat. It is not a bad financial proposition at all.
(http://www.autoadmit.com/thread.php?thread_id=5807480&forum_id=2).#49492949) |
Date: December 8th, 2025 12:11 AM Author: OldHLSDude
We have had a second house for 22 years. It's a winter escape. Swapping snow for palm trees is nice, and since we have friends and family in both places it's pretty homey feeling. Could I live without it? Sure, but I don't plan to sell it or rent it out unless one of us becomes debilitated so we can't use it. It's not that hard to maintain. We have a house watcher and a gardener. Things rarely break, and when they do we just get them fixed. The unrealized appreciation has far exceeded costs, but a stock market investment would have performed somewhat better. I wish it wasn't so far away, though. 2000+ miles is a PITA sometimes. It's an all day trip by air and several days of driving otherwise. We both prefer driving, esp. since we can visit friends along the way.
(http://www.autoadmit.com/thread.php?thread_id=5807480&forum_id=2).#49492964)
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Date: December 8th, 2025 12:23 AM Author: .,..,.,..,.,.,.,.,.,,
Maybe counterintuitively I’d argue having a second home in some far flung other country is LESS credited. Better to just rent in those situations. The second house needs to be someplace you can fairly easily access for when shit goes wrong. I suppose a condo in a major foreign city would be fine.
(http://www.autoadmit.com/thread.php?thread_id=5807480&forum_id=2).#49492986) |
Date: December 8th, 2025 12:17 AM
Author: .,.,,...,...,..,....,...,...,...
I'm thinking of doing this because I live in a place where summers are miserable but there are some nearby mountains with a mild summer climate and tons of outdoor opportunities. I think I would get enough utility from being able to hike and mountain bike all summer to justify any maintenance expenses (especially if I try to keep it rented when I am not using it). I'll have to see if the numbers add up, though.
(http://www.autoadmit.com/thread.php?thread_id=5807480&forum_id=2).#49492975) |
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