Quote:
Originally Posted by John Mercier
GDP might see a dip for a quarter or two.
But I think the lake will always attract, so really don't expect prices to move downward.
As more people choose to spend recreational dollars on boating over other formats, the limitation of public launching may make shorefront homes surge.
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There's a lot of evidence that younger generations might not want the baggage that comes with second homes or, even if they'd want to, might not be able to afford them.
For that reason, and given that luxuries go before needs, I don't think it's unreasonable to think we'll see prices drop at the lake...or at least not increase in value as aggressively in the past.
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