I suspect most of these McMansions to be built, will be people who are not 'year-round' folks, just a place to visit with the kids and grand-kids during the summer months. Their other home being in Florida (Naples, Jupiter, Palm Beach) and the likes, the rest of the year.
If this is the case these new property owners will not add to the school system with their kids being seasonal, that would be a plus. Also, the taxes these new folks will help the tax base for the town, the down-side, it may affect property values upwards, which would be a bad thing for others with waterfront properties in town.
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