Reply #71: We live close to more reasonable vacation homes

[Nikia]

When we first moved here a few years ago, we went to an open house close to the place that we had just looked at. It was a nice $150,000 house, 2,000 square foot, on a minor lake where one could boat and water ski. The agent said that many of the people living along the lake owned these houses as vacation homes, but that the owner of this house had lived there year around. We have seen less nice, small houses that are referred to as resort property for just over $100,000.
Although this extra expense still is unaffordable to many is affordable to many more families on closer to middle incomes especially if they put a priority on this and skip the expensive vacations by hanging out there instead. Of course then the hypothetical Forbes family would risk hanging out with large numders of people who are actually middle class and perhaps even working class friends and realtives, rather than rich.