Third Homes More Common

If there is a bubble forming in the housing market, one would expect to see ordinary people buying more home than they need. "I bought it purely as an investment," says the 58 year old. He plans to use the 2,200-square-foot house, also in Park City, as a rental property. Mr. Lieberman rented it out for two weeks over Christmas, and it is booked for the Sundance Film Festival this month".