Matt Frankel
👤 SpeakerAppearances Over Time
Podcast Appearances
I pay 15% of the rent.
A lot more technology in the industry has made it a lot more affordable and practical to have a second home.
Especially if you're not that worried about making money, if you just generally want to be able to afford to have two places, there's a lot of things that are practical now that weren't practical 20 years ago.
So that is, it's definitely not necessarily an either or, or alternatively, you can have an Airbnb that's near your grandkids and live where you really, really want to live.
That's another possibility.
You know, if my kids end up in South Carolina where we are now, I could definitely see my wife and I living in the Florida house and keeping the one we have now just, you know, and renting it out when we're not here.
There's a lot of flexibility in that.
And like I said, the options have definitely evolved considerably.
And just how easy it is to manage a vacation rental from far away has evolved considerably over the past couple of decades.
So it's a real possibility.
I'm not at retirement age yet, but I can't see us not doing this if we're still loving the house.
There were a couple of developments since yesterday that I think are contributing to this.
To name the big one, a U.S.
embassy was just attacked since last night.
I think that's adding to the uncertainty here.
Uncertainty is really the word you're seeing here.
When I see a broad-based sell-off like this, pretty much every sector is getting hit.
Defense stocks are getting hit.
That's the one sector you'd think would be up.
Conservative plays like real estate investment trusts are getting hit.