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#1 |
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Join Date: Jun 2021
Posts: 3,429
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The person(s) buying the property will have to pay for the property, pay for the demo, pay for the new construction, and pay even higher property taxes.
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#2 |
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Join Date: Jan 2006
Posts: 224
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Yup - and the multi - millionaires that can afford that > move in and the non $$$ people get moved out. Sort of a mutant gentrification of the area - at least on the waterfront. Eventually it will find its way to the islands - only a matter of time with a fixed inventory of water front property. I suppose the nature of things although I cannot help but think that Covid sort of accelerated the whole thing. I seem to recall it happening many years ago on the Intercostal in Florida.
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