Apr 25, 2019
A new trend is developing among well to do people who like to
travel, and who want to own a piece of several beautiful
homes in desirable resort areas. Rather than owning a
multi-million-dollar vacation property they may visit just once or
twice a year, or buy a timeshare that stuffs them into a condo,
many are opting to buy bite-sized pieces of luxury real estate
they’ve acquired through fractional ownership.
From Hawaii to Italy, to ski resorts, these private-residence
clubs offer luxury by the slice, says the Wall Street Journal.
Owners buy a fraction of the property and are guaranteed a certain
number of days, weeks, or months to do as they please-- backed by
fully deeded real estate. We'll review the Journal's report and
then welcome travel expert Ruby Kelly with Ruby Kelly Travel for
the Q & A. You don't want to miss today's show, MASTERING MONEY is
on the air!!