Private club provides access to luxury vacation homes

Future-Proof: Navigate Threats, Seize Opportunities at ICNY 2018 | Jan 22-26 at the Marriott Marquis, Times Square, New York

Laura Welch of Kansas City recently visited New York on a business trip. She stayed at the Trump International Hotel & Tower where she paid just $495 for five days. Not bad, considering that when I last checked the cost of a basic hotel room at the Trump International Hotel it was a minimum $895 a night. How did she do it? The secret is, Ms. Welch belongs to a private club called 3rd Home, which is about the best vacation home concept I've come across -- and that's a serious statement considering I have utter disdain for almost every other vacation home scheme I've ever seen, from time shares to fractionals to condo/hotels and beyond. Unfortunately for middle-income folks like you and me, 3rd Home is not available. This terrific little program is only for those who reside in the high-income world of Mitt Romney and his ilk. Here's the way it works: If you own a luxury second home and if you don't mind others who own luxury second homes elsewhere in America or around th...