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Chapter 14: vacation-area properties.(real estate investments)
- Article from:
- Making Money in Real Estate
- Article date:
- January 1, 2000
CopyrightCOPYRIGHT 2000 The Kiplinger Washington Editors, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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"I must confess that I am interested in leisure in the same way that a poor man is interested in money."--PRINCE PHILIP, DUKE OF EDINBURGH
A GENERATION AGO THE WORDS "VACATION HOME" brought to mind images of a cabin by a lake or a cottage by the sea. For many people, those images still come up, but today the field of possibilities is much greater. Shared-space housing has entered the marketplace in a big way. (If you haven't already done so, carefully read Chapter 13 if you imagine a high-rise on the beach when someone says vacation home.) In addition to condos of virtually every type imaginable, built on virtually every type of terrain, the marketplace includes ...