Lake Martin Topics: New development from Russell Lands?

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	Name:	Wakely -
	Subject:	New development from Russell Lands?
	Date:	4/18/2012 6:41:10 PM

I can answer some of those questions, with a unique perspective, since I have seen things from both sides of the fence.

I can say without a doubt that most of the effected cabin renters have asked, most more than once, if they could buy their cabin. For decades they were told "no." So people who would have willingly been making house payments for 30 years or more instead made rental payments. For many of them, they have paid more in rent than they would have spent to pay off a mortgage. Now they are being told "even though you have paid us enough to won this place yet have nothing to show for it, we're going to take it from you, put it up for sale, and let you try to outbid someone for it." To them, it's the timing of it more than anything.

As for that person who lost his place in the Ridge, it wasn't that his family could afford a place on the lake, it's that they weren't willing to pay more for something they liked less. (Believe me, we had plenty of conversations about this, not all of them pleasant. Some of them weren't really conversations so much as arguments.) Funny thing is, a lot of what he was saying then are the same things RL people are saying now. I remember one conversation-- this one really was a conversation-- when he asked my why we wouldn't sell cabins, and all I could say was that it wasn't part of the plan. Now apparently is IS part of the plan, for the same reasons he used then. Somewhere he's probably laughing. At the least, he's saying "I told you so." Because he did.