That dream vacation home you browse at midnight on Zillow? It might actually be within reach. Pacaso, founded by former Zillow executive Austin Allison, is revolutionizing second-home ownership by letting you buy just a fraction (as little as one-eighth) of luxury properties in places like Aspen and Napa.

The concept addresses a simple reality: most vacation homes sit empty 80-90% of the year. With Pacaso's model, you get real equity, scheduled usage time, and none of the maintenance headaches. The company is even expanding globally and now offering public investment in Pacaso itself. But questions remain about market vulnerability and community resistance to what some see as "hotel-ification" of neighborhoods.

Read more about whether fractional ownership represents the future of vacation homes on the blog and then come back here to debate it.