Retired teachers from north unable to pay for their vacation home in P.G. without renting it out to different tourists every weekend, oh the agony.
“I’m devastated – we have one house that was considered a duplex and we lost both of those,” said Beverlee Taylor, who along with her husband Richard is a retired teacher who lives in Pleasanton but comes down to Pacific Grove often. The two discovered their love for P.G. 49 years ago when they honeymooned here.
“We don’t make much on it but we like to come down here with our family,” said Taylor, noting the $2,665 mortgage and close to $9,000 in taxes they paid. The proceeds they made on it as a short-term rental “met expenses … it paid expenses,” Taylor said.