Quote:
Originally Posted by Juiced06GTO
I was all in on buying a second home on a lake in NH, preferably Winni, but lately I find myself struggling to find the time to keep up with my primary home and 3 young kids running around deeply involved in sports, and nearing the end of my current mortgage, the thought of taking out another one for the limited amount of use and the added upkeep is becoming less appealing unfortunately...
The crazy inflation in costs certainly hasn't helped and I would venture to guess that a lot of other people in my age bracket (41) are feeling the same way.
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This is precisely why we went seasonal in an association—fewer maintenance needs and lower maintenance costs, lower utilities bills (non-existent in winter), and low enough entry fee to not prevent other travel, entertainment, etc.
Of course, since we bought in '14 even those costs have doubled/tripled.
PS I don't think many in your age bracket are approaching the end of their mortgage. The current average age for mortgage payoffs is somewhere in the low 60's.
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