On Mon, 08 Sep 2003 17:32:50 GMT, "NOYB" wrote:
They've been priced out of
the waterfront market down here. Eventually you reach an "ouch" point where
the prices can't continue to climb because there aren't enough wealthy
people to fill them.
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There are something like 20 million plus baby boomers geting ready to
retire in the next ten years. If even 5% are in the affluent to
wealthy range, that's still 1 million potential bidders for the
limited amount of waterfront which is available.