Youngsville Real Estate Truisms Might Not Apply Everywhere

Dated: May 24 2018

Views: 448

Youngsville homeowners used to be able to rely on some real estate truisms that have been around forever. One of them was Mark Twain’s, “Buy land; they’re not making it anymore.” Another came from homespun humorist Will Rogers: “I been buying ocean frontage because they aren’t making any more of it!” You might think the old sayings would be around for a while longer, but last week there were two pieces of news that could put that in doubt.

 

Last Friday came the CNBC report about a pilot program to create communities that are “off the grid and on the ocean.” It’s called “The Floating Island Project.” Its promoters envision a future with hundreds of new countries that float on the ocean. But Youngsville residents who might dream of becoming “seasteaders” will have to wait a while before their own island country can be built and floated. Although seasteading.org points out that “yesterday’s science fiction is tomorrow’s science fact,” in this case, tomorrow seems likely to arrive behind schedule.

 

The first island is slated to consist of twelve buoyant platforms floated in a French Polynesian lagoon. The 35’ wide country will support homes, shops, community spaces, a number of tech startup business ventures—and its own government. But Youngsville residents aiming to escape terra-bound property taxes would be wise to exercise caution, since the costs of construction seem to be in the optimistic stage, at “up to $50 million.” As CNBC says, the details are “in the works.”

 

The second, less amusing exception to the Twain/Rogers truism is currently making headlines that are more prominent and a lot scarier. The land mass of Big Island Hawaii is demonstrating the millions-of-years-old volcanic process of gradually creating a new island. The newbie is named Loihi (“long” in Hawaiian). Mark Twain’s observation about not making more real estate didn’t specify a timeline, but it should remain apt for the near term. Loihi won’t break the ocean’s surface for about 50,000 years…

 

Fortunately, the reality for Youngsville residents who are readying a residential move of their own can count on being able to list and sell a good deal more rapidly. Give me a call for a no-obligation discussion of what you can expect in today’s market!      

==============================

Buying? ➡️ bit.ly/3bsanGy

FREE Home Evaluation ➡️ bit.ly/3eEQWvQ

==============================

Ted M. Daigle eXp Realty

Ph. 337-243-6108

ted.daigle@exprealty.com

1720 Kaliste Saloom Rd Suite B-2

Lafayette, Louisiana 70508

Ted M. Daigle | Realtor

995694847

www.337homesearch.com

==============================

 

www.listingwithted.com

Blog author image

Ted Daigle

About Ted Daigle – Realtor Growing up in Church Point, LA instilled values of hard work and dedication, which has carried over into every aspect of his life, including real estate. This Lafayette r....

Latest Blog Posts

Fall Buyers & Sellers Guide Free Download

Things to Consider When Selling Your HouseIt's difficult to know when is the best time to sell, or how to get the most money for your house, but you don't need to go through the process alone.You

Read More

It’s Still a Sellers’ Market in the Lafayette LA Area

It’s Still a Sellers’ Market in the Lafayette LA Area Some HighlightsDue to low supply and high demand, today is one of the strongest sellers’ markets we

Read More

Things to Consider When Selling Your Home in Acadiana

Things to Consider When Selling Your Home in AcadianaIt's difficult to know when is the best time to sell, or how to get the most money for your house, but you don't need to go through the process

Read More

Homes Coming Soon and Just listed in Acadiana

44 Listings Coming Soon  - Click

Read More