They are properties.
It doesn't matter to anyone whether the property is occupied by the owner, or how long.
The higher that a sector of property goes within a district, the more that the cost of the budget as a percentage is shifted to that property.
Lakefront and Lake view are currently hot commodities... keeping that going is good for the tax rate when you have budgetary pressures on labor - which makes up much, if not most, of the local budgets.
If someone is willing to pay more for a property because they feel that they can do more of what pleases them... then the value of the property is likely to rise faster than the base... and it will shift the budgetary costs in that direction.
It insures that the housing sector stays strong... and the housing sector, not tourism, is the strongest part of what we have going in the Lakes Region. If we stop building or renovating... we lose jobs, lots of jobs. That improvement of the property makes the property worth more.
This isn't new. It just that currently we have an up cycle that we want to keep going. Some will sell... but that will mean that others are willing to buy.
And after they buy, they tend to renovate which keeps the construction industry busy.
So it isn't an US vs Them. They want the property, and want to build/renovate and we want them to come and purchase the properties and build/renovate. If a higher speed on the lake makes that happen... I don't see that as a bad thing.
We've been told for years that the opposite would happen.
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