Quote:
Originally Posted by John Mercier
Maybe.
But lakefront/access property in central NH is a finite supply.
So it doesn't take a whole lot of demand to keep those prices rising.
|
Exactly. With median prices >$2MM, nobody's borrowing to be on the water. It's all capital gains from a very hot stock market. Look for a cut in taxes on the wealthy to boost lake prices higher, or a drop in the S&P to bring them lower