The market for new vacation homes, like the housing market in general, has gone through a shake-up, traveling from boom to bust as prices have dropped and projects have been stalled or called off altogether. While it is hard to chronicle the fate of every new vacation-home project announced in the past few years, a look back at some of the nearly 300 projects featured in the Breaking Ground column does provide one window into the market.While some projects featured in the column have managed to weather the storm, many have been far less fortunate.
By Nick Kaye, July 24, 2009 NYT

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