Ultra-rich pay $650,000 for Martha’s Vineyard beach keys
Translated from English and summarized by DistantNews. Read the original for the full story.
At a glance
- Beach-access keys on Martha’s Vineyard are selling for as much as $650,000, according to the headline.
- The keys offer access to private stretches of shoreline away from crowded tourist areas.
- Rising prices have left locals and seasonal renters feeling alienated and resentful over reduced access to the island’s beaches.
On Martha’s Vineyard, private access to the beach has become a luxury commodity, with keys selling for as much as $650,000.
The keys provide access to private shorelines away from the island’s crowded tourist spots. That exclusivity is attracting affluent buyers and pushing prices higher.
For locals and seasonal renters, the boom has a different meaning. They say they feel increasingly alienated and resentful as access to the island’s natural beauty dwindles.
Originally published by Times of India in English. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.