I can actually see this not really being timeshares. I'd like to see statistics on how frequently the fractional owners actually bother to occupy the houses dur

I can actually see this not really being timeshares. I'd like to see statistics on how frequently the fractional owners actually bother to occupy the houses during their allotted time at all. This feels more like an attempt to allow people to speculate in an overheated housing market in neighborhoods well above their price range, expanding the buyer pool for luxury housing beyond the small number of people who can actually afford luxury housing. That, of course, has the potential to be much worse than timeshares. Instead of just being a stupid purchase locking people into a single vacation destination at a single time every year, it dumps more money into a real estate bubble that is eventually going to pop again. But this time, instead of roping pension funds into buying fractional shares of a mortgage, it's just roping individuals who won't get bailouts when this all comes crashing down and the founders are laughing their asses off on an island wiping their asses with $100 bills. Get in fast and get out, I guess, because a whole lot of sorry fools are going to be left holding bags of worthless rocks when the Fed raises interest rates by 0.5% and the free mortgage frenzy market panics when we find out how many people can really afford even 1/8 of a mansion.