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Original Message:
Re: Maintenance Fees (by Jeff R.):
ednab2 wrote:I don't see the point of anyone owning 52 weeks. Surely it would be cheaper to buy a place outright.
I know of more than one person and know there are several working in that directon. according to the person that owns the most, It is far cheaper when you figure the expense of the pool and upkeep, the gym membership, security, remember that utilities are included, many detergents, somebody else does the cleaning, keeps up on the grounds, etc...
They say it is far cheaper for everything that is included. Also you can go everywhere and they get extra time to rent out so they can pay the maintenance fees.
Quite a retirement lifestyle if you asked me.
Jeff