Location: Claryville, New York
I was a Manhattanite selling mortgage-backed securities, and we know how that story ends...So I moved up to my weekend fly fishing cottage, in the sticks (I mean the town actually dead ends), and started again. And boy am I glad I did!
Out of my 850 square foot (on a good day) little red cottage on a river, I run a vacation rentals company (RedCottageInc.com) that is not seeing any sign of a recession. Quite the contrary, I'm regularly approached by owners of fabulous homes who are carrying 2 mortgages and are willing to rent (usually it's to other New Yorkers), and I'm having a ball.
Although I'm only on an acre, there's a pretty pebble terrace off the deck that I, along with a beefy 14 year old neighbor, put in last year, and which is now surrounded by perennial borders. The headwaters of the Neversink flow out back, and the Adirondack chair along the rocky banks is the perfect spot to unwind after a busy day. Just had a party for 50 (mostly nearby weekenders and the bonfire in the woods is the perfect way to end a Catskills evening.