Researcher Predicts Luxury Fractionals Will Be The First To Emerge From The Downturn
Posted on November 19th, 2008 by Carl Vanderpal
The luxury fractional segment of the vacation home (www.dcp-international.com) market will be the first to rebound from the current real estate morass, according to Dr. Richard Ragatz, well-known real estate researcher. “The fundamentals of the vacation home market have changed,” Ragatz stated. “The days of buying a three-million-dollar house on the beach or at a ski resort with the expectation of 20% annual appreciation are gone for the foreseeable future.” Ragatz noted that most luxury vaca
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