There is Hapimag of Switzerland, who's been doing that for holidays in Europe for quite some time. Nearly impossible to get rid of the shares we inherited though.

That's just a timeshare, right? Timeshare initial deposits are notoriously bad investments; the ongoing fees are sometimes closer to break even vs. other housing/hotel choices, but with less flexibility.

(You can buy timeshares on eBay for close to $0)

From their FAQ: " Is Hapimag a timeshare company?

In legal terms, Hapimag is a public limited company whose shareholders are simultaneously the users of the offer. In this respect, Hapimag is a user- and not profit-oriented cooperative of like-minded people. Hapimag members purchase rights of residence for all Hapimag resorts. This idea has been successful for over 50 years. Hapimag is considered to be the inventor of points-based rights of residence and enjoys the reputation of a professional, trustworthy provider."

Yes, that is a very cool future vision. :) Difficult to execute at this particular moment in time, so seeing if people will bite at location-independent leases is a first step.

I would sign up for that tomorrow, depending on how much ongoing costs were. Definitely not at $1600, however.

Yeah that's a neat idea. The only thing is: how is the market price calculated?

Whatever people are ready to pay. Say you can sell and transfer your share to another person at any time.