| Compared to many European nations, American | | | | of daily life. They may look to purchase a |
| workers spend more time at work and less time | | | | property close to a favorite destination like lakes, |
| relaxing on vacation. Lack of adequate vacation | | | | rivers, or cities they enjoy visiting on a regular |
| time may lead to long-term stress, burnout, and | | | | basis. Benefits of ownership often include the |
| lack of motivation at work. As a result, many | | | | ability to personalize the home to fit the individual's |
| people attempt to make vacationing at least once | | | | tastes and the ability to visit the home whenever |
| a year an important priority to maintain proper | | | | the owner chooses, without having to make |
| mental health. | | | | reservations and arrange their schedules around |
| Popular vacation choices are cruises, trips to | | | | the home's availability. |
| historic or scenic landmarks, and getaways to | | | | People who own vacation property also can |
| places that provide entertainment and relaxation. | | | | reduce their costs by renting out the property to |
| Although hotels and resorts are still very popular | | | | others. It is up to the owner's discretion whether |
| choices for people looking to stay away from | | | | he or she feels comfortable renting to others, but |
| home, many people opt to purchase vacation | | | | people who choose to let others stay in their |
| property. | | | | home may be able to charge for the convenience |
| There are many benefits to owning vacation | | | | and offset their own costs of ownership. |
| property if you are in a stable financial situation. | | | | Vacation property may also benefit the owner by |
| Popular choices include condominiums, homes, lake | | | | providing a tax shelter for the money they make |
| houses, cabins, and timeshares. The selection | | | | each year. Homeowners often enjoy the benefits |
| often depends on the location of the home, the | | | | of having a solid investment in property as well as |
| type of recreation surrounding the land, frequency | | | | a place to get away if they need a vacation. As |
| of visits, and the owner's budget. | | | | many current owners will attest, there are many |
| Individuals who are looking to buy a home for | | | | benefits to owning property for escape, |
| vacationing often view them as a great | | | | relaxation, and much needed furlough from work. |
| investment as well as a place to escape the grind | | | | |