Salamonie Lake Topics: Prices on Martin...

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	Name:	Feb -
	Subject:	Prices on Martin...
	Date:	10/17/2005 1:26:03 PM

Good points. Many of us on the Forum have been saying similar things for the last several years. There is another segment around and some on the Forum that believe the prices are outrageous on Lake Martin. I think that is because they are incorrectly comparing water front property with other real estate. They keep sitting back with their false hope and thinking there is going to be some bubble burst. Then they will able to buy a 400 Ft. of water frontage lot with a four Bedroom with three baths cabin for $75,000.00. Before you know it, you will not be able to buy an average car at that price without a tank of gas. The days of a modest cabin on a decent lot for $500,000.00 are already here