Is big lake done?

[Xpress21]

Come again

[Bumfisherman]

I am in the process of building a new home now on the water in Hackberry. The building codes after the hurricanes have driven up construction costs astronomically. These costs have nothing to do with LNG?s. The demand for housing due to the LNG construction has caused rental rate increases and workers have made leases on camps that were historically fishing camps rented by the weekend. The reason for high prices on vacation type rentals has a lot to do with rising property tax rates and insurance costs. If you pay cash for a $500,000 camp the taxes, insurance, maintenance, and utilities can easily cost $1,500 per month.

[ahlangle]

Originally Posted by Bumfisherman

I am in the process of building a new home now on the water in Hackberry. The building codes after the hurricanes have driven up construction costs astronomically. These costs have nothing to do with LNG?s. The demand for housing due to the LNG construction has caused rental rate increases and workers have made leases on camps that were historically fishing camps rented by the weekend. The reason for high prices on vacation type rentals has a lot to do with rising property tax rates and insurance costs. If you pay cash for a $500,000 camp the taxes, insurance, maintenance, and utilities can easily cost $1,500 per month.

Good to know thank you for the info