Quote:
Originally Posted by tis
I agree. It's sad but it's the unintended consequences of high taxes on the lake, cottage colonies are gone and this is the result.
As far as having one next door to you, if current laws were enforced we wouldn't need more. noise, septic restrictions etc. But who is going to enforce it? It's possible to rent to nice quiet people but it should be controlled by the owners.
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High assessments. Cottage colonies didn't provide the same ROI as can be achieved through a higher end offering.
The owners sold them, they become the higher end offering, and the assessments went up.
Same reason for going after marinas.
Higher end services can be provided to achieve higher revenue streams and a greater ROI.