Belews Lake Topics: Yacht Club?

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	Name:	InjunJohn -
	Subject:	Yacht Club?
	Date:	4/28/2008 2:04:35 PM

It will work if it's done right - Lincoln Harbor wasn't (housing supply is what I do for a living). Many people have or had property on the coast. The cost of insurance there is prohibiting them from building or rebuilding. The insurance costs can actually run higher than the mortgage. People still want their fun in the sun, and water enjoyment, so the logical thing to do is lake resorts. These people are wealthy for the most part, and $500,000.00 will buy much more on a lake than it will on a beach. Georgia lakes are already over populated, so Logan Martin, as well as Martin are the new playgrounds. Look for another one to be announced soon called Horizon, and it is projected to cost over 50 million to build. Be safe out there.

John

Other messages in this thread:

View Entire Thread

Yacht Club? - skiantique - 4/28/2008 8:53:45 AM

Yacht Club? - Cricket - 4/28/2008 9:23:55 AM

Yacht Club? - twc - 4/28/2008 11:16:27 AM

Yacht Club? - InjunJohn - 4/28/2008 2:04:35 PM

Yacht Club? - skiantique - 4/28/2008 3:06:41 PM

Yacht Club? - twc - 4/28/2008 3:13:52 PM

Yacht Club? - Lakeshacklivin - 4/28/2008 6:37:43 PM

Yacht Club? - InjunJohn - 4/28/2008 8:47:46 PM

Yacht Club? - twc - 4/28/2008 8:54:03 PM

Yacht Club? - skiantique - 4/28/2008 9:48:09 PM

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