Quote:
Originally Posted by Garcia
My fear with the consolidation/mergers is that in the long run the owners/investors make out well while the end user ends up paying more for less.
I hope I am wrong; time will tell.
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These investors are also buying up cottage rental colonies. Sandy Point in Alton Bay is a perfect example. Bought up along with 3+ other properties in Alton Bay by the same group. Rates increased over 100% for seasonal leases for next season.