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Article: Vacation homes should be picked for fun, not investment potential.(Knight Ridder Newspapers)
- Article from:
- Knight Ridder/Tribune News Service
- Article date:
- July 9, 2001
- Author:
CopyrightCOPYRIGHT 2001 Knight-Ridder/Tribune News Service. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Let's dream for a minute. If you had all the money you could possibly need, where would you live? For me, it's simple: all over the place. I'd want a place in the Southern Hemisphere, in order to sail, swim and bike in February. Then there would be a place in Maine or Idaho, and a swank apartment in some sophisticated city.
All this isn't likely to happen, of course. But what about a cottage in the Finger Lakes, a bungalow at the Jersey Shore or a condo in Florida? Any of those is possible. Indeed, for millions of American families, owning a vacation home is within financial reach _ especially with mortgage rates at breathtaking lows.
But does it make ...
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