The Adirondacks; A great destination and investment for 2008
Rising gasoline prices and limited funds for discretionary spending make the Adirondacks ideally located and affordable. The Gore Mountain/Lake George region as well as Lake Placid are all located within a "one tank drive" for millions of Americans and Canadians. Long popular with residents from both sides of the border, this area should be even more attractive now. Travelers coming from Boston, NYC, Connecticutt, New Jersey, Long Island and, Pennsylvania can all drive here on one tank of gas. This makes us more affordable and easier to access than far flung destinations that require lots of driving or lots of disappointment and frustration with the state of the airlines. How many pieces of luggage are you allowed to bring in your car at no extra charge?! If my father was still driving, he might inflict the one bag rule and try to charge us for extras, but he's the exception. But I digress...the fact is that even at $4- or more per gallon, millions of families can afford to vacation in the Adirondacks year round. If you are one of those families, it's a great time to buy. Lots of homes and land on the market and very favorable mortgage interest rates. If you are an investor, it's time to invest in rental properties and land. There are more Lake George waterfront homes on the market now than in many years. Further north, the Gore Mountain expansion will attract skiers and tourists.
Canadians - the Adirondacks are on sale! Our gas is cheaper than yours. Adjusted to today's exchange rate and cost, our gas is $1- less than yours and those of you living in Montreal, Ottawa and Quebec can probably get here on a quarter of a tank. Toronto residents will require a bit more fuel. Once you arrive, your $$ is worth more than ours so you can buy a lot more house or land. The US dollar is on sale too!
Europeans - Come on over. There is more to the United States than New York City and Miami. This is a great area to invest or vacation.