Fractional homeownership – or co-buying – isn’t anything new, but today it’s aimed at wealthier people looking to buy a second home.
Growing in popularity, there seems to be some jumping on the opportunity to capitalize on this trend. But isn’t really just another version of “Time Shares”, and we all know the horror stories with those.
I guess for some, in very limited situations, this might be a viable option, but I can’t help but think of the old saying “too many cooks in the kitchen”.
Anytime you take a group of people, put them together and money is involved, there will be problems.
Here is a recent article on Fractional Homeownership:
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