Pittsburgh Paper Covers Cape May
The Pennsylvania newspapers do a good job of covering the Jersey Shore. This article, I thought, was worth a read, although it only mentions the subject of real estate briefly. Meanwhile, the Asbury Park Press, after carrying a front page headline last Sunday telling us that President Truman dropped an A-Bomb on Hiroshima, should probably have a front page headline this Sunday announcing that a man has landed on the moon.
Snip
"Precious little penetrates the haze of vacation consciousness, notably word that the real estate market is nearing a crash. A vacant lot nowhere near the beach is currently on offer for $3.5 million.
Irrational optimism permeates shore thinking. At the beach, adjacent to a body of water locals call "the Atlantic Ocean," lifeguards spend their days blowing whistles and commanding bathers to come closer to shore."
Continue...
Snip
"Precious little penetrates the haze of vacation consciousness, notably word that the real estate market is nearing a crash. A vacant lot nowhere near the beach is currently on offer for $3.5 million.
Irrational optimism permeates shore thinking. At the beach, adjacent to a body of water locals call "the Atlantic Ocean," lifeguards spend their days blowing whistles and commanding bathers to come closer to shore."
Continue...
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