Summer rentals in Belmar NJ 2009

Despite economy, NJ Shore rentals stableTHE ASSOCIATED PRESS • February 28, 2009
TRENTON (AP) — Surging gasoline prices forced many New Jerseyans to rethink their vacation plans last summer, and stay closer to home.
This year, the slumping economy seems to be having the same effect.
Tourism officials and real estate agents say the troubling times are a boon for the Garden State's tourism industry, noting that about 30 million people live within 300 miles of the shore area.
Real estate agents say prices for many summer rentals remain around the same levels as last year, and they're confident that interest will grow as summer draws closer.
But they have noticed that many visitors who in the past would stay for a week or longer are considering shorter trips of three or four days because of financial uncertainty.