The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: HairBall who wrote (35)	7/3/2001 9:29:29 PM
From: LTK007	Read Replies (1) of 306849

LG,i am sitting on land that is NOT residential,but is land coveted by the very rich for their private usage.And as what is called "water front land" in these parts is getting scarce the pricing has escalated 2,000% percent over the last 25years. I am in no mood to sell for personal reasons(one beinng i live there,LOL!). But it is my feeling this type of land will remain price stable or even escalate more in bad times,because the very rich are always very rich--and they covet private hard to get 'postcard' hide-aways even more in dark-times.Is this a stupid conception???? Max

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