Buying s second home, first

Many first-time buyers are priced out of the market in their area of choice – particularly in the Bay Area and metro New York – so they’re turning their attention to affordable vacation properties in the less expensive regions. The buyers then rent out the property or use Airbnb to help pay off the mortgage as they continue to save for their man property.

Analysts agree that this strategy is not for everyone and may actually delay the purchase of the primary residence.

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