Established US developer Richard Stockett is embracing the fractional ownership concept with zeal.

Trying to accurately capture what is going on in cottage country’s fractional-ownership market is much like trying to stuff a cloud into a mason jar: It’s hard to get a grip on the darn thing. A Canadian newspaper discusses fractional ownership.

San Francisco Chronicle, July 5, 2009

With the economy in turmoil and the real estate boom a distant memory, some people are now looking to sell their vacation homes. Well, at least parts of them.

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.

Excellent article discussing fractional ownership. Discusses Lake Tahoe’s Old Greenwood resort as an example. Slight error in the story when she discusses “Destination Clubs” as fractional ownership, as many are NOT ownership but rather a sophisticated right-to-use concept.

When Robert and Jeannie Hidey went to Bachelor Gulch in Colorado three years ago, they figured they would ski five days and see their daughter who attended college nearby. The last thing they expected to do was to buy a second home.