Quote:
Originally Posted by John Mercier
Different consumers. A lakefront home is an investment. A go-fast quad in an area with maximum 25mph trails... especially after being modified... those are going to depreciate very quickly.
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Exactly.. Even more--people buying lakefront homes at these prices have no need/interest in cashing in their investment, ever. The higher the prices go, the longer the average holding period...the lower the future inventory. That's not to say prices will never come down, only that there is a LOT pushing/holding them up
04-02-2022, 08:25 PM
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