View Single Post
Old 02-28-2025, 05:55 PM   #59
FlyingScot
Senior Member
 
Join Date: Jun 2016
Location: Tuftonboro and Sudbury, MA
Posts: 2,401
Thanks: 1,297
Thanked 1,022 Times in 632 Posts
Default

Quote:
Originally Posted by WinnisquamZ View Post
Those buyers of lake front property are immune to inflation and other economic pressures


Sent from my iPhone using Winnipesaukee Forum mobile app
Yes and no--true that buyers today are not scraping together for a mortgage. But they are likely pulling cash from the stock market to buy their lake homes. If the S&P falls, waterfront homes are likely to do the same.

This kind of thing is always speculation, so I will not be putting money where my mouth is
FlyingScot is offline   Reply With Quote
The Following User Says Thank You to FlyingScot For This Useful Post: