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Jims5543 Jims5543 is offline
I'm with Bill
 
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Join Date: Feb 2005
Location: Jensen Beach, FL
Posts: 13,028
Same thing happened here Jay. Property taxes are soaring. Insurance costs are soaring and housing costs have soares to the point where most cannot afford to live here.

I bought my little 1500 Sq. Ft. home before the real estate boom and it was very cheap. By todays standards you can not buy a vacant 1/4 acre lot for what I paid for my house.

You can remove Franklin County and replace it with a lot of counties across the country. You can also insert our local subdivision names in place of yours and its the same story everywhere.

The bad part? National news declared your area the real estate hot spot in this country for the 1st quarter of 2006.

That means the vultures are coming. The investors that drive up the market like its the dot coms all over again. The prices will go to a point where you just shake your head in disbelief.

What to do?

Stand by and watch? Or jump in and make enough to retire in 3 years.
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Old 08-31-2006, 05:18 PM
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