How the rational rich live
Want a jet-set life with a second or third home and use of a private plane for a fraction of the cost and none of the hassles?
THERE is no place like home, as Dorothy wistfully remarked when stranded in Oz. But second and third homes can come pretty close—as the super-rich have known for ages. Now, even the tolerably wealthy can get a taste of the high life through so-called “real-estate clubs”. These let members enjoy a second home in an array of swish locales (think Tuscany, Aspen, St Thomas) for less than the down-payment of buying one house.
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