Another Nantucket beach house once worth millions has been demolished due to erosion
Briefly

"Just over six months after businessman Don Vaccaro signed the paperwork on his new property on Nantucket's coast, the beach house is no longer."
"Buying a home on certain parts of Nantucket, an island off Cape Cod's coast known for attracting the ultrawealthy, is a gamble."
Read at Business Insider
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