The Press's On the Vine column offers some enlightened suggestions on vineyard buying this week, with the hopes that prospective winemakers will take that leap of faith in this economy and start stomping grapes. Got an inheritance or some savings? Invest in the nectar of the gods. (Such is the theme of this ode.) With local winery Palmer Vineyards on the market and rumors about Madonna's interest in the Wolffer Estate, the East End's wine real estate market has grown quite a bit in 2009. Expensive wine buying has apparently dropped off, but sales of cheap wine (under $6 per bottle) have 'soared'. Investors, you can thank us later.
· On the Vine: Buying Your Own Vineyard [EH Press]