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#10 |
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Senior Member
Join Date: Jun 2004
Location: the left coast (Portland)and West Alton
Posts: 1,504
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Continued high interest rates have a chilling effect, as I suspect does the "aging out" of the boomers who now own most of the lake front properties.
There simply are not as many younger folk with the resources to buy as there are boomer sellers, and this will likely worsen over time. It's a numbers game.
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basking in the benign indifference of the universe |
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