How to look at investment in beachfront/Bayfront properties
Saturday, November 10th, 2007If the price is still affordable, of course, the answer is yet. American’s coastal resource is not getting more bountiful, but shrinking day by day. Most coastal counties now have devised strict land protection bills to save millions of acres of coastal/wetland from further exploitation by humans. That means that Bayfront and ocean front sources is shrinking very fast. This situation will ensure your future appreciation from these properties. On the other hand, baby boomer’s wave of retirement is only starting, it will not peak until 10-15 years later. So, lots of appreciation to look forward to.
investment property