Interesting article - thanks for posting it. From the article:
"3. You'll regret buying that second home.
A dream of some retirees is to buy a second home to live in part time, and eventually sell their primary home. The advice from advisers: don't. "Our experience with the second home has generally been that they are expensive, a hassle and a mistake," says Neil Hokanson, a financial adviser in Solana Beach, Calif. "Clients could stay at the Ritz-Carlton when they go to their second-home area for far less, and with none of the hassle of frozen pipes, neighbor disputes, volatile housing values.""
In reading talk of the villages, it seems a number of people have done just that (purchase a second home in the villages and rent it out until they are ready to move to the Villages full time). This article says that's a bad idea, but in reading some posts here it has worked out for people. If you have purchased a second home in the Villages, how is that or did that work for you? This is something my wife and I are considering.
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