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: Cage Rattler who wrote (46395)	12/30/2005 4:38:40 PM
From: Live2Sail	Read Replies (1) of 306849

Cage, Didja go to Middlebury? There are probably three kinds of home buyers in VT: the second-home shopper looking for a place on the water or mountains, the person looking to live there permanently who should move to the greater Burlington area because that's where the schools are, or the hick who's moving next door to where he grew up. The size and price of second homes has changed astonishingly over the last 20 years. Used to be your lake house was a summer-only one-bedroom cottage. Now it looks like something you would see in Newport, RI. Same with the mountain houses. Burlington has become pricier, but I don't think it has reached the heights of insanity like other places on the east coast. Back in the early to mid-80's the area had fallen on hard times because IBM was in turmoil. Places were cheap. L2S

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