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Reply to "Considering Buying A Beach House and Will Rent Out (OBX)"
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[quote=Anonymous][quote=Anonymous]I read somewhere that some homeowners in OBX could no longer get homeowners insurance. The ocean is rising. I know several families that had houses for generations that are now permanently underwater. If you want a beach house to use sometimes and rent out others to offset costs, fine but I wouldn't consider it a good long term investment.[/quote] My parents have a house right on the water. This is untrue, they have insurance. [/quote]
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