Amazing island values

[ApS]

Originally Posted by Biggd

Never say never. We've had a long expansion, we are overdue for a recession.
Everything contracts during a recession. You just have to be in a financial position to jump in. I'm 70, been through quite a few!

While not an island property, here's a message...

The family scrounged-up $200K in 1994. Yesterday, I was told this lakefront "acre of dirt" could fetch $5M...!



OTOH, a friend's widow sold her three lakefront lots for much less, upon assurance that the buyer/contractor would refurbish the 1949-built family camp.