Quote:
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Originally Posted by Mywifes335
Quote:
Originally Posted by Aatish
Those are also on the table, but the risk associated is usually fairly high. It's hard to see forecast where things will be in a 5-10 years, unless there's some stable traffic driver established or in the process of being.
Just look what happened to the market in North Dakota.
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Was that in anticipation of oil/gas boom? |
Yup. Individuals were building hotels left and right, hoping the boom would pay off. It collapsed and now there are thousands of vacant hotel rooms.
Nice flags too. Hamptons, Fairfields, etc.