Land price drop. Maybe time to buy?

[OnoOno]

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Originally posted by lavarat

The original owner still owns the land. The state takes ownership of new land that forms along the coast, even next to the national park. But the state prefers that the national park enforce the safety regulations along the coast.

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Then there may be some residual value left, and after a few years, it may start to appreciate. The residual value and potential appreciation would, naturally, be on a case-by-case basis, with the three "Ls" of realty taking on even more importance, but if your property, by some quirk of Location, is so blessed, it might not be all bad.

An earlier post mentioned GPS coordinates, and I suspect that might be an excellent idea, complete with photo-documentation.

I suspect it won't be long until the quad-copters with Go Pros start showing up as sort of Volcano Paparazzi.

Best wishes to all.

Ono - So Fast - So Tasty!