May 4, 2007
Fractionalizing Montana
In a week where the Big Hole River’s endangered Arctic Grayling was the significant news (for being unceremoniously forked off the endangered fish-plate), a host of other Paris Hilton-like issues kept badgering us for attention. Here’s just one:
“Only 16 Remaining”, says the website. You can now buy one-tenth shares of two-bedroom fractional residences in Melrose, Montana (just a few million early-summer mosquitoes down river from Wisdom).
But look at this: the cost is only $148,000. Now THAT is Montana-affordable!
Wait…was that one-tenth share?
Urp..yes.
So this means the old pasture I used to fish is now selling for about $1.48 million per 5 yard strip of a football field in comparable square footage? With ten owners per strip…is that what fractional residence means?
Oh my Gahd.
“Honey!! Get the toys off the front lawn. It's goin' up for sale.”
Filed under Local News by Alan Bixby





