|The setting for that fairy tale romance?|
I haven't thought of one to correspond to Jack and the Beanstalk yet, but there's probably something. And a modern Aladdin, with something supernatural in the mix?
It doesn't have to be the full story either The bad fairy or wicked step mother can be translated into 'the other woman' - the predatory ex girlfriend, the demanding ex wife, maybe even the overbearing (bad fairy) boss. And villains? Writers love creating villains, so they might not need role models, but every good fairy story has to have one.
As you can guess, I've have a so-far unfulfilled urge to write a modern fairy story. I've got a romantic suspense with a reclusive hero who has survived a car crash, but it's not quite fairy tale stuff.