"Years ago, people bought one single-family vacation home that they visited again and again. These days, the trend is to collect vacation homes..."
http://tinyurl.com/vkapq
People...? What "people"?
If there ever was an indicator that the rich/poor gap in the US is growing, this is it.
"We" are fighting an increase in the minimum wage from $5.15/hr where it was 10 years ago, while in the meantime "we" are COLLECTING vacation homes?
“It’s about as painless a way to own property in a remote destination that you plan to visit on a limited basis.” The article didn't say but I wonder how much time people physically spend in these $2-8 million places.
and since “not everyone wants a 12,000-square-foot ski house" they make do with 2000-5500 s.f.