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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=2Reputation#49491142) |
Date: December 7th, 2025 11:13 AM Author: The Soo CR National Champions JUGGERNAUT Yes (http://www.autoadmit.com/thread.php?thread_id=5807480&forum_id=2Reputation#49491150) |
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Date: December 7th, 2025 11:25 AM Author: Buck Broken LJL (http://www.autoadmit.com/thread.php?thread_id=5807480&forum_id=2Reputation#49491177) |
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Date: December 7th, 2025 11:28 AM Author: Jobs but where would i get a million dollars (http://www.autoadmit.com/thread.php?thread_id=5807480&forum_id=2Reputation#49491181) |
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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=2Reputation#49491152) |
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Date: December 7th, 2025 11:16 AM Author: t.rick o'treat panama (1) only if you're really locked into where you live + where you weekend. otherwise, just do airbnb's (http://www.autoadmit.com/thread.php?thread_id=5807480&forum_id=2Reputation#49491154) |
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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 |
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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. |
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Date: December 7th, 2025 2:46 PM Author: ...,....,,........ You left out the part where said-Grandfather did a lot of molesting while alone at the lake house. (http://www.autoadmit.com/thread.php?thread_id=5807480&forum_id=2Reputation#49491675) |
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Date: December 7th, 2025 3:10 PM Author: ............,.,.,.,.......,,.,., that's why i kept asking for an invite up until i found out the grandfather died (http://www.autoadmit.com/thread.php?thread_id=5807480&forum_id=2Reputation#49491726) |
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Date: December 7th, 2025 11:44 AM Author: Emperor CRISPR Chad von Neumann III If you’re a nokidsmo or emptynestermo AND an outdoorsmo, then it absolutely makes sense to have two homes and migrate seasonally. Very few other circumstances where it makes sense. (http://www.autoadmit.com/thread.php?thread_id=5807480&forum_id=2Reputation#49491234) |
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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=2Reputation#49491316) |
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Date: December 7th, 2025 2:39 PM Author: Emperor CRISPR Chad von Neumann III For this purpose you don't need to be some Arcteryx adventuremo or Basspro sportsmanmo. If you like gardening or jogging or cycling on a path or sitting on your deck and watching boats pass by or whatever, it's worth being somewhere nice. (http://www.autoadmit.com/thread.php?thread_id=5807480&forum_id=2Reputation#49491658) |
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Date: December 7th, 2025 12:53 PM Author: bloomington (🦬) basically this
It's a dogshit thing to do to kids IMO |
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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. |
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Date: December 7th, 2025 2:42 PM Author: Pilgrims Did Nothing Wrong (TDNW) being middle class sucks, huh? (http://www.autoadmit.com/thread.php?thread_id=5807480&forum_id=2Reputation#49491664) |
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Date: December 7th, 2025 12:46 PM Author: black abyss (definite and ineradicable gauge of its upward moving) If you’re in need of tax deductions and have the infrastructure for proper management and upkeep, I have known of people who profitably ran portfolios of secondary homes. Location and amenities are everything. You have to keep them rented out. And most importantly, don’t use debt and use other sources of income to live on. (http://www.autoadmit.com/thread.php?thread_id=5807480&forum_id=2Reputation#49491368) |
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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. |
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Date: December 7th, 2025 2:49 PM Author: ...,....,,........ lol, you don't know wtf you're talking about. (http://www.autoadmit.com/thread.php?thread_id=5807480&forum_id=2Reputation#49491681) |
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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. |
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Date: December 7th, 2025 12:52 PM Author: Heil Hitler (TT6) (SP's kid) (http://www.autoadmit.com/thread.php?thread_id=5807480&forum_id=2Reputation#49491392) |
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Date: December 7th, 2025 1:14 PM Author: bloomington (🦬) I suppose you think you're making a fun joke here but you're closer than you think.
The tick checks went on longer than they should have. |
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Date: December 7th, 2025 1:34 PM Author: Heil Hitler (TT6) now I just feel bad. fuck.
anyways, wanna shower? |
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Date: December 7th, 2025 2:43 PM Author: Pilgrims Did Nothing Wrong (TDNW) wait, what? did you have your own “Uncle Dave?” (http://www.autoadmit.com/thread.php?thread_id=5807480&forum_id=2Reputation#49491666) |
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Date: December 7th, 2025 8:18 PM Author: bloomington (🦬) By "longer" I meant there were ages where it happened where it shouldn't have. The sessions weren't longer than necessary.
I now think there wasn't any intent of sexual exploitation. But does that matter? What matters is how the other person feels |
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Date: December 7th, 2025 10:59 PM Author: Kenneth Play (emotional girth) (http://www.autoadmit.com/thread.php?thread_id=5807480&forum_id=2Reputation#49492837) |
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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=2Reputation#49492871) |
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Date: December 7th, 2025 11:50 PM Author: Pilgrims Did Nothing Wrong (TDNW) 🙄 (http://www.autoadmit.com/thread.php?thread_id=5807480&forum_id=2Reputation#49492931) |
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Date: December 8th, 2025 12:20 AM Author: bloomington (🦬) ? (http://www.autoadmit.com/thread.php?thread_id=5807480&forum_id=2Reputation#49492980) |
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Date: December 8th, 2025 12:38 AM Author: Pilgrims Did Nothing Wrong (TDNW) I can’t stroke it to that (http://www.autoadmit.com/thread.php?thread_id=5807480&forum_id=2Reputation#49492994) |
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Date: December 7th, 2025 1:55 PM Author: blind deaf mute please let us know why. tyia. (http://www.autoadmit.com/thread.php?thread_id=5807480&forum_id=2Reputation#49491538) |
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Date: December 7th, 2025 2:41 PM Author: Kenneth Play (emotional girth) yeah why's that? i have somewhat fond memories of a (small, cheap, shared, occasional summer use) vacation home (http://www.autoadmit.com/thread.php?thread_id=5807480&forum_id=2Reputation#49491663) |
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Date: December 7th, 2025 8:01 PM Author: bloomington (🦬) For me it was far more than occasional use. We went to the cottage to the complete exclusion of doing anything else. (http://www.autoadmit.com/thread.php?thread_id=5807480&forum_id=2Reputation#49492413) |
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Date: December 7th, 2025 11:00 PM Author: Kenneth Play (emotional girth) ty, and you didn't like it because you preferred being at home? (http://www.autoadmit.com/thread.php?thread_id=5807480&forum_id=2Reputation#49492840) |
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Date: December 8th, 2025 12:22 AM Author: bloomington (🦬) I would have preferred something approaching a reasonable high school existence. Sports, friends, dances, that sort of thing. (http://www.autoadmit.com/thread.php?thread_id=5807480&forum_id=2Reputation#49492984) |
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Date: December 8th, 2025 8:44 AM Author: Kenneth Play (emotional girth) oh that sucks - and yeah you must've been going to the second home a ton if it interfered with all that (http://www.autoadmit.com/thread.php?thread_id=5807480&forum_id=2Reputation#49493163) |
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Date: December 7th, 2025 12:54 PM Author: ( ''.'') so like a cottage or something? Yes, its worth it. I know lots of people who have 2nd, and they retire in the 2nd home/cottage usually, eventually, inevitably. (http://www.autoadmit.com/thread.php?thread_id=5807480&forum_id=2Reputation#49491400) |
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Date: December 7th, 2025 1:23 PM Author: bloomington (🦬) Retiring in the second home is something of a pipe dream.
When you get older you need more medical care & 2nd homes are often in areas with fairly poor healthcare options |
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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=2Reputation#49491553) |
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Date: December 7th, 2025 1:43 PM Author: Amanda Reckonwith Shit ton of upkeep even on the homes sitting vacant. Even more when you go the vacation rental route. Overall, if you can afford the monthly expenses and really like the location it's not a bad idea. I work around mostly high-end second/third homes and the ones purchased for 3 are all going for around 10 milion in just the 10 to 15 years. Hard to lose if you use it often too. (http://www.autoadmit.com/thread.php?thread_id=5807480&forum_id=2Reputation#49491520) |
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Date: December 7th, 2025 2:38 PM Author: Megathor lives! We have a 3 season cabin on a pretty but pretty remote lake about 4 hours from the house. It's great and we use it a lot. Kids can bring a friend, sometimes friends or family use it. But it was cheap, 200k about 6 years ago. Every year or two my wife brings up buying a place at the beach or some expensive area and I just say no without discussion. Upkeep and rental bullshit all seem miserable. (http://www.autoadmit.com/thread.php?thread_id=5807480&forum_id=2Reputation#49491653) |
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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. |
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Date: December 7th, 2025 2:53 PM Author: Smug Coca-cola Johnny Cash LSU Fan if youre actually rich sure. if youre a wagie then no. (http://www.autoadmit.com/thread.php?thread_id=5807480&forum_id=2Reputation#49491690) |
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Date: December 7th, 2025 2:55 PM Author: .....;;,,.........;.;.;.;.,;,;,;.;.;,; Buying a beach house and renting it for 80-90% of the summer is one of the best investments a UMC shlub can make. (http://www.autoadmit.com/thread.php?thread_id=5807480&forum_id=2Reputation#49491697) |
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Date: December 7th, 2025 8:21 PM Author: Die Hard 2: Die Harder Summer = 9 weeks when kids aren't in school? (http://www.autoadmit.com/thread.php?thread_id=5807480&forum_id=2Reputation#49492480) |
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Date: December 7th, 2025 3:13 PM Author: hank_scorpio if it is close enough that you'll actually use it that much sure, but then that brings up the question of whether you want to spend all of your time off in a place that is pretty much already where you live just with a prettier view (http://www.autoadmit.com/thread.php?thread_id=5807480&forum_id=2Reputation#49491736) |
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Date: December 7th, 2025 3:17 PM Author: ...,....,,........ (http://www.autoadmit.com/thread.php?thread_id=5807480&forum_id=2Reputation#49491747) |
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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=2Reputation#49492940) |
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Date: December 8th, 2025 12:18 AM Author: the walter white of this generation (walt jr.) It depends on the scenery; you just want a different environment. Living/working in Sacramento and owning a home on lake tahoe would be fine, despite that it's less than 2 hours. (http://www.autoadmit.com/thread.php?thread_id=5807480&forum_id=2Reputation#49492976) |
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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=2Reputation#49492981) |
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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 |
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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. |
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Date: December 8th, 2025 12:09 AM Author: Pilgrims Did Nothing Wrong (TDNW) (http://www.autoadmit.com/thread.php?thread_id=5807480&forum_id=2Reputation#49492961) |
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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.
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Date: December 8th, 2025 9:44 AM Author: black abyss (definite and ineradicable gauge of its upward moving) Sounds like a 180 set up. You've really got a wonderful life! (http://www.autoadmit.com/thread.php?thread_id=5807480&forum_id=2Reputation#49493249) |
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Date: December 8th, 2025 9:50 AM Author: OldHLSDude I have been blessed. (http://www.autoadmit.com/thread.php?thread_id=5807480&forum_id=2Reputation#49493258) |
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Date: December 8th, 2025 12:17 AM Author: coiffed sandwich Its worth it to have a second home in Italy. (http://www.autoadmit.com/thread.php?thread_id=5807480&forum_id=2Reputation#49492974) |
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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=2Reputation#49492986) |
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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=2Reputation#49492975) |