Archive for August, 2008

Fractional Ownership Heads to Europe. NY Times, August 9, 2008

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August 9th, 2008

Long popular in the United States, fractional ownership — in which the costs of a vacation home or other asset are divided among a pool of members — is steadily making its way across the Atlantic. For prices starting at $100,000, not including annual dues, buyers can own a piece of a coveted property in the Tuscan hills, in the heart of Florence or in other European locales.