A Summer Home in the Hamptons is Cheap...er
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You won't be hearing the pitter-patter of little Chad's $100 Sperrys. Topher is going to have to settle for an imitation crustacean in his lobster roll. And Dakota can just forget about sitting at the Palm Tree Music Festival's VIP table to watch Ellie Goulding.
Often referred to as Wall Street's playground, the Hamptons -- around 100 miles east of Manhattan on the Long Island Expressway -- are expected to be a little quieter this summer. Roughly 5,700 seasonal rentals are still available, CNBC reported, and much of the inventory glut is driven by downsizing and cost-cutting in NYC's financial center.
Source Fool.com
