Quote:
Originally Posted by John Mercier
It always will be.
It has been that way since I was a boy.
It may seem more prominent now due to the flamboyance, but it was always there.
I don't see it getting better in the future. Though we may have some short term downturns over the next decade... I suspect that property in the area will rise in value - and lake frontage will see the most rise in value.
With what I see every day... I suspect before I pass... all the little camps/cottages on the Big Lake - and most of the others - will be homes on the smallest lots permitted, with footprints as large as the lot will permit rising up with glass window walls toward the lakes as tall as the code will permit.
|
I wouldn't be so sure of that per say. The cost of floating a second piece of property is getting more and more expensive and because of that fewer can afford to do it. At some point that has a way of capping how far prices can go. As the burden of who pays for what continues to shift to those who "can afford it" and away from the masses, that top end will continue to shrink as those that have something are being financially targeted.