We do not usually think of it until the opportunity has passed, but it sometimes pays to notice what is happening in the town next door. Case in point:
When the merits of “sustainable” growth are mentioned, the factor most often mentioned is more revenue for the local treasury.
On the coast of Maine, investors found undeveloped sections of rock upon which gulls sometimes still roost and waves crash. A little dynamite reduced the moguls to rubble and bulldozers pushed them to the ocean’s edge, leaving a flat place on which to build a cottage in which city folks will pay exorbitant amounts to live for a week. I know; I’ve been among those city folks.
Miles away, other investors have found really nice lakes populated only by Common Loons and bullfrogs. They have divided the shorefront into tiny lots so people from crowded burgs can move to crowded lakesides.