OT: Sens Lounge -The four seasons edition

[NyQuil]

I am unsure why anybody would burn money by renting a cottage.

Our second vacation home is not ideal, but with daddy offering to cover the down payment and maintenance using his dividends from the family trust, it seemed like a no brainer.

I get it, I am on the poorer end of the spectrum here, unable to own our second vacation home outright, but daddy says when he passes, it goes to me.

I put all my money into my primary home at the time where the real estate value rises much faster.

I bought it for 650k and it’s already up to 1.2M in less than ten years.

You wouldn't. Trust me lol. Especially if it's close by.

Different strokes for different folks.

The idea of spending my free time doing maintenance on a second property isn’t appealing to me.

 

[NyQuil]

That's why you rent it out.

Sure, and then you have all the fun of being a landlord.

My parents did it for awhile with a second house and it was more trouble than it was worth so they sold it.

 

[jbeck5]

I put all my money into my primary home at the time where the real estate value rises much faster.

I bought it for 650k and it’s already up to 1.2M in less than ten years.



Different strokes for different folks.

The idea of spending my free time doing maintenance on a second property isn’t appealing to me.

I don't understand why you would need to do much maintenance lol

 

[coladin]

I don't understand why you would need to do much maintenance lol

All my friends, and literally everyone I know that has a cottage are always fixing them up.

That's why you rent it out.

Eww.

 

[mysens]

I am unsure why anybody would burn money by renting a cottage.

Our second vacation home is not ideal, but with daddy offering to cover the down payment and maintenance using his dividends from the family trust, it seemed like a no brainer.

I get it, I am on the poorer end of the spectrum here, unable to own our second vacation home outright, but daddy says when he passes, it goes to me.

I think bringing money is rather the other way. We were going to south Florida every six months for some time. So, I thought, maybe it’s better if we get our own home. Of course, I need it to be on the beach, in south beach Miami and be in a safe locale. Well, about 650k USD, plus yearly condo fees, insurance etc made me rethink this ultimate plan. Our family holiday in Miami at a nice resort was costing me about 7k for 14 days. That’s a crap load of holidays I can take my family on for 650k usd.
I admire all the cottage and summer home owners here. That’s amazing. But I prefer to just rent when I want. Leave when I want and not worry about anything else. My personality would render me guilty spending all this money on a cottage plus all the water toys only to be traveling somewhere else

 

[mysens]

I don't understand why you would need to do much maintenance lol

It’s not necessarily just the home itself. You’re always wanting to improve the whole experience. So you buy boats, jet skis, water slides, water trampolines. Then for the winter you want snowmobiles etc. it’s a never ending money pit for someone like me who gets board sitting around reading books. But, I do love going to our friends cottages over the summer.
My waistline also increases in size

 

[BonHoonLayneCornell]

It’s not necessarily just the home itself. You’re always wanting to improve the whole experience. So you buy boats, jet skis, water slides, water trampolines. Then for the winter you want snowmobiles etc. it’s a never ending money pit for someone like me who gets board sitting around reading books. But, I do love going to our friends cottages over the summer.
My waistline also increases in size

And with many of those "improvements" comes more maintenance, unless someone is fortunate enough to just pay people for that too. It's great that my brother owns a cabin and like 15 machines and I don't, be it sleds, side by side, quads, RV, a boat, motorcycles, dirt bikes, etc., but the time (and money) he spends maintaining all those machines and hobbies is, well, his life basically.

When added on to having kids, plus the regular house & cabin maintenance, plus work in the type of profession that actually provides the income to buy these things, he barely gets to sit down.

 

[Masked]

I don't understand why you would need to do much maintenance lol

Because a lot of cottages for people who aren't super wealthy tend to be older and built by the owners. They also tend to have very large lots that need to be maintained.

 

[AchtzehnBaby]

https://x.com/i/web/status/1843678992374661359

 

[jbeck5]

All my friends, and literally everyone I know that has a cottage are always fixing them up.


Eww.

It's probably their personality. Some dads are bored if they aren't fixing something or working on some project.

My dad is like that. He'll go every weekend and do some work, but most projects aren't needed, but rather a little upgrade they want.

 

[jbeck5]

Because a lot of cottages for people who aren't super wealthy tend to be older and built by the owners. They also tend to have very large lots that need to be maintained.

That was like ours, but we paid for renovation help and now they don't need as much.

They also sell these lawn mowers that cut the lawn themselves like a Roomba.

I'm looking into one. Right now the lawn is done in 20 minutes with a beer in hand on a riding mower.

 

[branch]

Golly I wish I had a gravy train resplendent with generational hand me down, fully appreciated properties. Just out here grinding it out for myself. Don't mind me

I do want to get a chalet somewhere north of here closer to Tremblant or Mont Laurier in a couple years. We have a young kid so I think the quality time there spent there with friends and family could be really memorable. Summer to me seems best spent on the lake

 

[BonHoonLayneCornell]

Golly I wish I had a gravy train resplendent with generational hand me down, fully appreciated properties. Just out here grinding it out for myself. Don't mind me

I do want to get a chalet somewhere north of here closer to Tremblant or Mont Laurier in a couple years. We have a young kid so I think the quality time there spent there with friends and family could be really memorable. Summer to me seems best spent on the lake

Hold your head high and keep grinding! I get envious of wealth, mostly for the potential time freedom more than the "stuff", but I'm thankful for what I do have after being raised by a poor single mother. I also have a young kid and as far as a human life on this planet goes, we are still very fortunate. No material item can compete with the joy I feel just looking at the beauty that is my son.

 

[Tnuoc Alucard]

IIf cottaging (or boating) is your thing, and you spend the summer months doing it, why not?

But I like to travel a lot throughout the summer so owning a cottage (or a boat) outright doesn’t make a lot of sense.

Cottaging: Decoding the Meaning in British Slang – Slang Sensei

slangsensei.com

 

[coladin]

Hold your head high and keep grinding! I get envious of wealth, mostly for the potential time freedom more than the "stuff", but I'm thankful for what I do have after being raised by a poor single mother. I also have a young kid and as far as a human life on this planet goes, we are still very fortunate. No material item can compete with the joy I feel just looking at the beauty that is my son.

Atta boy. Family is what it is all about.

 

[Relapsing]

Atta boy. Family is what it is all about.

Family is truly what it's all about.

We never had a cottage, but camping and canoeing trips were how we spent our holidays for years growing up, and those memories will last my entire life. From humble beginnings at places like Bon Echo, graduating to portage trips into Algonquin was like a rite of passage. Somehow though, I'm still a horrible fisherman. The few times we did end up at a cottage, it felt more removed from it all, somehow.

It's easy to forget or not even know how lucky we are in these parts: Nature is right at our doorstep. Numerous campgrounds, parks, lakes and rivers to explore. Endless summer days spent outside. Nights spent looking at an endless field of stars.

As someone who definitely benefits from an actual mattress these days, for anyone looking for a not-quite-a-cottage experience, check out Cabinscape – Make your little great escape.. Off-grid tiny cabin rentals in the woods.. They have cabins around the Valley and into the Kawarthas, and they are available through the Fall/Winter. I think they hit a pretty good mix between creature comforts and being in the middle of nowhere.

 

[NyQuil]

View attachment 914014

Cottaging: Decoding the Meaning in British Slang – Slang Sensei

slangsensei.com

Well, I guess I’m thankful they included the last sentence.

 

[Stylizer1]

View attachment 914014

Cottaging: Decoding the Meaning in British Slang – Slang Sensei

slangsensei.com

So George Michael was an outdoors man.

 

[maclean]

Hold your head high and keep grinding! I get envious of wealth, mostly for the potential time freedom more than the "stuff", but I'm thankful for what I do have after being raised by a poor single mother. I also have a young kid and as far as a human life on this planet goes, we are still very fortunate. No material item can compete with the joy I feel just looking at the beauty that is my son.

Right on man. I spent my 20s and 30s raising my kids instead of chasing that bag and though I'm still paying rent and struggling to make ends meet in my 40s, at least I've released two pretty darn good human beings into the world... At the very least I made sure there wasn't danger of them being spoiled

 

[BonHoonLayneCornell]

Right on man. I spent my 20s and 30s raising my kids instead of chasing that bag and though I'm still paying rent and struggling to make ends meet in my 40s, at least I've released two pretty darn good human beings into the world... At the very least I made sure there wasn't danger of them being spoiled

Raising two quality humans is definitely a job well done on this Earth!

 

[Beech]

Golly I wish I had a gravy train resplendent with generational hand me down, fully appreciated properties. Just out here grinding it out for myself. Don't mind me

I do want to get a chalet somewhere north of here closer to Tremblant or Mont Laurier in a couple years. We have a young kid so I think the quality time there spent there with friends and family could be really memorable. Summer to me seems best spent on the lake

you got screwed. The last wealth that was handed down ended in 2010 or so. That was when people born pre 1930 died off.

Those born pre 1930 endured the depression, WWII and the instability of the late 1940. They were the head down, ass up, work your tail off generation. Mended their own socks, baked their own pie, slept in a night gown that covered everything!!

So, from 2000-2010, they were the last to die off and the last to leave money behind.

By 2010, the generation that was dying off and leaving any money to their children/grandchildren, were born from 1930 onwards. Too young to feel the depression, too young to serve in WWII and a tad too young to deal with the instability of the late 1940's.

They had inter-states, Elvis Presley, 24 hour TV, jet airplanes and so on... and they burnt through money and savings like toilet paper during flu season.

leaving nothing for their heirs.

What do you think has hurt Western economies the last 20 years. No more free money to be injected into the system for frivolous spending. Mom and Dad did not die off, leaving you 100 K to blow.

 

[branch]

you got screwed. .

Tell me something I don't know! And the disrespect just continues as I watch my paycheques evaporate with this ridiculous income tax

 

[Beech]

Tell me something I don't know! And the disrespect just continues as I watch my paycheques evaporate with this ridiculous income tax

I am rubbing salt into a wound, I get it, But I am trying hard not to overly pile on.

You got screwed twice... Grandma and Grandpa did not leave you a dime, Mom and Dad will not leave you a dime...

AND.. all the government spending on them the last 60 years, has meant debts and broke government. And that money will come from your hide.

anyone born 1970 onwards is getting hit with enough lefts and rights, they will be begging to get kicked, just for a change.