Rental income on a vacation home is so unpredictable, many experts say, it should be viewed as gravy. After slumping in the years after the financial crisis, prices of vacation properties are back where they were in 2006, a National Association of Realtors survey found. Many who work hard enough at managing their vacation properties can’t say enough good things about it. From the end of 2007 through 2012, primary-home prices dropped by 14.8%, vacation properties by 23%, the Realtors’ group says. So is buying a vacation rental a good idea?

Source: Wall Street Journal June 12, 2017 02:10 UTC