Although the concept of fractional ownership has been slow to catch on in Europe, real estate experts say that Americans looking to buy abroad are increasingly exploring group properties, in response to economic uncertainty and the all-time-low exchange rates of the dollar.
“The dwindling dollar means people saving up their pennies to buy property in Paris have less to spend,” said Ms. Leeds, who is planning her own move into fractionals....With their buying power diminishing by the week, they searched for quality furniture.