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Reply to "Kiawah Island, SC for 2nd property "
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[quote=Anonymous][quote=Anonymous]I would sell it. Climate change is going to ruin it. [/quote] We just sold a property in Isle of Palms (just north if Kiawah) and I kind of agree. The house was definitely cash flow positive, the insurance sky high, for good reason. The upkeep was tremendous, as the sea air so harsh. However, we are in the minority. The market is hot hot hot down there. Lots of new construction, lots of money pouring in. I do think much of it will wash away. Those barrier islands are so delicate and the buildup and the erosion has left the land so exposed and vulnerable to hurricanes. BTW, Kiawah is a barrier island. barrier islands are meant to take the brunt force trauma of a hurricane and storm. So just keep in mind your property is nothing but a wall designed to be hit by a battering ram.[/quote]
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