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Originally Posted by Knot Droolin'
It took the US 200+ years to reach 300 million in popuation. At the current rate of growth this country is expected to be at 400 million by 2042. What do you think that will do to land prices over the next 35 years?
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Against a mid-1980s backdrop of, "There's going to be a housing
glut by the year 2000...", I bought one lakefront residence in Florida. (Not too painful). When a nearby lot came up for sale, I bought
it (Not sure why, except it seemed too cheap).
When our long-lost Lake Winnipesaukee camp came onto the market, I
had to have it. (
Very painful—had to sell my primary residence). The realtor who had the contract knew of my zeal, and kept in constant contact by telephone with competing offers and advice.
When we were advised that the deal was finally sealed in our favor by telephone, in the background, I heard the entire realtor's office erupt in cheers!
The bottom line? Lakefront real estate has made things very comfortable for me—even when going
against the backdrop of "common knowledge" real estate advice! Longterm, it can't be beat.
