"New Way to Spend Lots of Money"

That's how Los Angeles Times describes hybrid condo-hotels. Among the 22 projects -- luxury hotels with rooms or suites now being sold in blocks of a week or a few months a year -- in California: Hard Rock Hotel San Diego (rooms start at $400,000), and Terranea Resort, Rancho Palos Verdes, (casitas and villas start at $1.9 million.)