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Default Erosion in action....

On Thu, 29 Oct 2015 13:41:09 -0700 (PDT), True North
wrote:

Some of the more alert in here might remember my post a couple years ago poking fun at the Californian who bought Long Island in the Five Island area on the Bay of Fundy in Nova Scotia. He built a big house on it with a massive wooden staircase to allow access. Then he got the 'Not Since Moses' run turned into an annual event where you actually run along the seafloor out to and back from the island. (at low tide, of course) Lately he has put the Island up for sale for a bit over 3.5 million.
Wonder if this recent event will drop his asking price?

Note: most of the photos will show 'before and after' if you run your curser from left to right ...or vice versa.
http://edinos.ca/five-islands-arch-before-and-after/


People need to realize, coastal real estate can be a temporary thing.
I hope this guy is not going to try to get the government to restore
it. They do that far more often than they should here.
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