Quote:
Originally Posted by John Mercier
The person(s) buying the property will have to pay for the property, pay for the demo, pay for the new construction, and pay even higher property taxes.
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Yup - and the multi - millionaires that can afford that > move in and the non $$$ people get moved out. Sort of a mutant gentrification of the area - at least on the waterfront. Eventually it will find its way to the islands - only a matter of time with a fixed inventory of water front property. I suppose the nature of things although I cannot help but think that Covid sort of accelerated the whole thing. I seem to recall it happening many years ago on the Intercostal in Florida.