The following report comes from Fractional Life as they covered the OPPLive Property Investor Show in London on 10/28/09:
Fractional ownership of real estate will become the 'default' way to buy leisure property over the next decade, and is set to see a surge in popularity, according to a panel of industry experts.
Speaking at a seminar on shared ownership property at the recent OPPLIve/Property Investor Show in London, Graeme Grant of fractional ownership consultants Fractional World said: "In the next five years, I have no doubt that fractional ownership will outsell whole ownership."
Nick Turner, VP business development, EMEA for exchange network The Registry Collection went further, claiming: "In five years time I can see fractional ownership outselling whole ownership by 10 to one," while US property lawyer Andy Sirkin added: "In 10 years time, fractional ownership will be the default way to buy overseas property."