The Wall Street Journal

Wealthy holiday spots fight to free up homes for locals

Wealthy holiday spots fight to free up homes for locals
Vail in Colorado is famous for its skiing facilities. (Image: Depositphotos)
The Wall Street Journal
By Fred A. Bernstein At first, the two towns seem to have little in common: Vail, Colorado, a ski-resort community two hours west of Denver, is bisected by Interstate 70, while Nantucket, Massachusetts, an island off Cape Cod, is reachable only by boat or plane. But Vail, at an average elevation of 8,150 feet, is surrounded by the White River National Forest. “We might as well be an island,” says George Ruther, Vail's housing director, who is charged with finding places for middle-class workers – including t...

More World

Oracle’s Ellison now rivals Musk as world’s richest person
Technology

Oracle’s Ellison now rivals Musk as world’s richest person

The 81-year-old Oracle founder has enjoyed a $200 billion bump in his fortune.

US Supreme Court to hear Trump tariff case in Nov
World

US Supreme Court to hear Trump tariff case in Nov

Trump's administration asked the court for an expedited ruling preserving the tariffs.

AFP 10 Sep 2025
Most Asian markets rise on US rate hopes
Markets

Most Asian markets rise on US rate hopes

Investors are awaiting the release of fresh data on prices this week.

AFP 09 Sep 2025
$10.5m for low-cost alternative to dying satellite
Technology

$10.5m for low-cost alternative to dying satellite

The Endeavour funding is to develop new ozone-monitoring tech using micro-satellites.

Greg Hurrell 08 Sep 2025