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EXPERIMENT STATION BULLETIN 344 



Fig. 10. Open Country Summer Home 

 Many such vacation properties are bought and maintained at relatively small 

 expense. 



Total investments in summer properties (purchase price plus im- 

 provement costs) ranged from nothing at all in the case of a few gift 

 properties to over $50,000, with the majority between $1,000 and $4,000 

 (Table 11). There was a direct relationship between the size of invest- 

 ment and the income status of summer residents. Investments in San- 

 bornton waterfront properties were lower than all other groups. In- 

 vestments in Tuftonboro waterfront properties were higher, and corres- 

 ponded more closely to investments in open country properties. All 

 investments above $10,000 were by either professional or big business men, 

 while all investments below $500 and three-quarters of those below $1,000 

 were by lower-income groups. 



Markets 



The occupants of summer homes in the three towns spent more than 

 one-quarter of a million dollars in their own and neighboring New Hamp- 

 shire towns during the year preceding the survey. One-half of this 

 amount was for food and household supplies, one-third for labor and 

 building materials, and the remainder for such miscellaneous items as 

 gasoline, entertainment, electricity, taxes, and insurance. In addition to 

 the expenditures by summer residents, Sanbornton and Tuftonboro re- 

 ceived sizable incomes from temporary summer boarders and tourists 



