Tarheeltalker

If you have the money, here is the house

I took a few economics course way back in my college years  and  I read economic news  somewhat regularly. From most of what one reads and hears these days the American economy is still struggling. Unemployment remains stubbornly high, 10.8% here  in North Carolina, and even higher elsewhere. The President continues to say that things are improving from month to month. although the improvement is difficult to see.

But, every now an again, a bright spot appears on the horizon and gives us hope that better days are coming. This harbinger of good times is actually east of the Currituck County town of the same name, being located in the town of Corolla. Its name is Wild Horse, although other names might be more appropriate, like Biltmore or Versailles, well maybe not that grandiose. You see, Wild Horse is  a house but not just any house. Calling it  a vacation rental is  sort of like calling a Rolls just  a means of transportation.

Wild Horse is  a recently completed rental in the Swan Island Lakes subdivision and holds the title of the largest hom eon the Outer Banks, clocking in at a mere 13,461 square feet. It has 23 bedrooms and about as many baths with all of the amenities one coud imagine and probably more than this  union worker coud imagine.

Now all of that is only mildly interesting, I suppose. What  intrigues me was the fact that the house has just become for rental and is booked for 21 of a possible 31 weeks beginning May 23 and extending through the end of the year. Weekly prices range from $24,500 during peak season to  a piddling  $4650 during the offseason. Perhaps we should only whisper but maybe there are signs of economic life yet.

Ready for a vacation anyone?

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May 22, 2010 - Posted by | economy | , , , , , , , ,

1 Comment »

  1. Would this house be to cheap for our president to rent? 🙂

    Comment by goodtimepolitics | May 23, 2010 | Reply


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