In down economy, owning a vacation home may be more business than pleasure

In down economy, owning a vacation home may be more business than pleasure
Tina Lambert and her husband wanted an investment that would help them pay for their kids’ college tuition someday. When he insisted on paying $49,000 for a condominium in Ocean City in 1997, she worried. But by the middle of this decade, when housing markets were in full boom, the condo’s value … Business – United States – Travel and Tourism – Lodging – Caribbean

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