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

Trump’s tariffs: where things stand
Markets

Trump’s tariffs: where things stand

The basics of the US president’s far-reaching protectionist agenda.

X and xAI megdeal breaks Wall Street’s rulebook
Technology

X and xAI megdeal breaks Wall Street’s rulebook

The merger is still raising dealmakers' eyebrows.

Canadian company buys majority stake in Serato for $116.9m
News in Brief

Canadian company buys majority stake in Serato for $116.9m

Canadian technology holding company Tiny has announced a 66% acquisition of DJ software company Serato for US$66 million (NZ$116.9m).Tiny has agreed to acquire the majority stake in Serato, payable through a combination of cash and Class A common shares. The deal valued the compa...

Staff reporters 01 Apr 2025