Monday, 24 August 2009

Cost Effective Home Exchange Vacation

The home exchange as a way to make your vacation most cost effective and interesting is something that has been done for decades, starting in the 50s and reaching its first peak in the 70s. A new peak has been reached with a recent movie "The Holiday," which used home swapping as a plot device.

Part of its popularity growth over the years has to do with different factors involving the tourism industry and the state of the real estate market, as well as the general economy.

So how does a home exchange work? In principle, it is quite simple. You basically trade the use of your home with someone else for a period of time. Usually, it is for a home exchange holiday, and the trade only lasts a short period of time.

Each party gets full use of the other person's home, unless there are any particular restrictions outlined. They live in the house as though it were their own, enjoying the different locale and saving money on hotels and restaurant food.

In the current economy there are fewer people out there who have the funds to take an expensive vacation. A home exchange can help minimize costs and because most people have been pleased with their home swapping experience, there is now a high percentage of travelers trying it out.

As people become more comfortable with the concept, the number of travelers exchanging homes should only increase.

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