Lake Houston Topics: Agree 100%
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(Lake Houston Specific)
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Where do you get 20%? I never said anything of the sort nor do I expect that kind of gain (no market can or will sustain double digit gains for any length of time). There have been many years when property went up very little if any on this lake and years where it went crazy, but it certainly is not "gambling" to purchase property if you have minimal common sense.
Show me any waterfront property that sold 7-10 years ago, and I will buy most of them (possibly all) today for the same price. I'll even tack on the governments annual inflation index if I really like the place....I'll be waiting with my checkbook, so please hurry.
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