Quote:
Originally Posted by WinnisquamZ
Rates are still under 4% and demand is high. Those of us that are already here and have experienced these “bubbles” in the past just watch and warn. Unless, you are willing to cash out it’s only Monopoly money. Oh course, a new boat always look fine
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I've been through many of these boom/bust cycles too but this one feels different. Many of the buyers now seem more likely to make the lakes region their full time residence than in the past, when places where mostly second home purchases. I imagine when rates go up it will slow things down quite a bit.
JMO, I could be wrong for the second time in my life.
