DOES ANYONE WANT TO RISK WATERFRONT PROPERTY ANYMORE?
For some people, waterfront property will always have allure. They're drawn to it, they love it and their dream is to, someday, own a residence on the water.
But after a storm like our last one, a stark reality has set in. The risks may not be worth the reward.
Immediately after the storm, I couldn't even make my way to the Bay or the canals in my neighborhood. Boats had literally been swept up and moved to shore, blocking streets and sometimes crashing through people's front yards or back doors. Entire first floors were demolished along with all of their contents that then needed to be discarded.
It was an eerie sight; one I've never seen before. It seemed post-apocalyptic. The sight of Humvees on the road, called in to keep peace, just added to the surreal dimension. Someone told me that one neighboring town has signs that read, "if you loot, we shoot." Have I seen this movie before?
Add to the emotional toll extracted in rebuilding life, the cost of rebuilding a home and the hardship in securing flood insurance, if still even possible, and the purchase of waterfront property is a question worth pondering.
Still, those who dream of a water view and the serenity it promises, are not likely to give up so quickly. If it were me, I might need some time to forget the devastation I've witnessed. Time heals, however.