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Tafkam Hokie

Joined: 10/07/1999 Posts: 35179
Likes: 13640

What's this?

I don't see it plummeting


No matter what happens with the climate, people are going to continue to want to vacation at the beach. That means there will always be a need for beach property that can be rented.

Now, I could see the demand dropping for properties that sit vacant except when the owner decides to fly in for the weekend. But there will still be plenty of demand for properties owned by real estate investors that are for rent.

Heck, an NFL stadium is considered obsolete and in need of replacement after 20 years. Maybe beachfront property will just have to be bulldozed every couple of decades after being hit by a major storm and rebuilt too. That is still a manageable risk for large-scale real estate investors.

(In response to this post by WestyHokie)

Posted: 09/08/2017 at 10:21PM


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Current Thread:
 
  For those that own beach properties.... -- Crizzle 09/08/2017 9:29PM
  This just in: "Millenials killed beachfront property" -- MP4VT2004 09/09/2017 09:07AM
  Those people just get me so angry! ** -- `lag 09/09/2017 11:28AM
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  People who own property on WV rivers... -- `lag 09/08/2017 9:58PM
  There was a recent story about how beach property will plummet -- WestyHokie 09/08/2017 9:55PM
  I don't see it plummeting -- Tafkam Hokie 09/08/2017 10:21PM
  I think the issue is that they will be underwater -- WestyHokie 09/09/2017 10:29AM
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