Home Exchange: Trading (Vacation) Places

More families are swapping homes with strangers

Photo-Illustration by Shop JT for TIME

As the economy continues to flounder, many families are forgoing summer vacations in favor of staying at home. But there's a more interesting option that is just as cheap: vacationing in someone else's home. Growing numbers of people here and abroad are seeking a thrifty change of scenery by skipping all the hotels and looking instead to swap houses with strangers. Agree to use each other's cars, and you can save big bucks on rentals too.

Home exchanges are not new. At least one group, Intervac, has been facilitating such arrangements since 1953. But traffic online is particularly brisk these days,...

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