It’s true that the housing market can fluctuate, but vacation real estate is still one of the most stable financial investments you can make. It’s improbable that the property value will deflate, especially if you’re calculated when choosing the location.
The sooner you invest in a vacation home, the sooner you can reap the rewards of renting to daily, weekly, or monthly tenants (when you’re not enjoying it yourself, of course).
Whether you’re starting a family, looking to grow closer with the family you already have, or want to be the glue that keeps your friends together -- a vacation home can revolutionize your personal life.
As financialsamurai.com states: viewing your vacation home as an investment, a financial strategy and a lifestyle improvement will allow you to dramatically upgrade your quality of life and the relationships in it.
Vacation homes are flexible investments as well. If things change with your finances, selling can usually net a good profit. Or, you can also leave the property to children or those special in your life as an inheritance.