Second Home an Investment, an Indulgence, or Both?

Summary


One of my fantasies is to have a second home near a Vermont ski resort. As impractical as this is, I've watched the "For Sale" listings on Realtor.com and seen some appealing properties languish for months.

Meanwhile, a buddy of mine complains that he couldn't possibly sell his Vermont home for as much as he paid five or six years ago.

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Extract


Second Home an Investment, an Indulgence, or Both?

It seems like the real estate market has been cooling off not just in Vermont but also in many parts of the country. Maybe it's turning into a buyer's market.

So is this a good ti...

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