Should We Buy a Holiday House?
Episode description
It's summer and hopefully you're kicking back somewhere, recharging the batteries with plenty of blue sky and sunshine. It's at times like these, perhaps strolling along the beach with our partner, nothing urgent to be done and plenty of time to think, that the thought might pop into our head “wouldn't it be great to spend more time here. I wonder what it costs to buy a holiday house?”
Conveniently, real estate agents will have their windows brightly broadcasting all the various potentials to satisfy your desire. As a Financial Autonomy listener though, you are likely the prudent, perhaps even cautious, member of your little tribe, so perhaps your mind might turn to the factors that ought to be considered when contemplating a holiday home purchase.
Over the years I've worked with many clients who purchased holiday houses, so this week I thought I'd share with you a few of my observations.