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Orion · 10-20-2005, 08:08 AM

Skip, good article. Another set of factors not mentioned in that article are:

1) Baby boomers retiring - looking for likely getaway scenarios where they would have a Lakes Region home in the summer and a Florida home in the winter. They find they no longer need to live near work (major metro areas) and are looking for a quieter, quality-time life. There's a lot of money becoming available as people sell their Boston-metro homes and those in other high-employment areas of New England and beyond.

2) The post 9/11 era still fuels a demand for "getaway" living as opposed to spending money on travel. Many people want to vacation somewhere "safe" where they don't have to fly, or go on a cruise ship, or be in a foreign country. The Lakes Region is a perfect solution where families can enjoy a wide variety of quality-time activities.

So, I agree with the article....there is not likely to be a bubble burst in the Lakes Region real-estate market, especially lakefront.

10-20-2005, 08:08 AM	#22
Orion Senior Member Join Date: Feb 2003 Location: Cow Island Posts: 914 Thanks: 602 Thanked 193 Times in 91 Posts	good article Skip, good article. Another set of factors not mentioned in that article are: 1) Baby boomers retiring - looking for likely getaway scenarios where they would have a Lakes Region home in the summer and a Florida home in the winter. They find they no longer need to live near work (major metro areas) and are looking for a quieter, quality-time life. There's a lot of money becoming available as people sell their Boston-metro homes and those in other high-employment areas of New England and beyond. 2) The post 9/11 era still fuels a demand for "getaway" living as opposed to spending money on travel. Many people want to vacation somewhere "safe" where they don't have to fly, or go on a cruise ship, or be in a foreign country. The Lakes Region is a perfect solution where families can enjoy a wide variety of quality-time activities. So, I agree with the article....there is not likely to be a bubble burst in the Lakes Region real-estate market, especially lakefront. Last edited by Orion; 10-20-2005 at 08:12 AM.