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[Clansgian AT wmconnect.com]

> That could be the case in collar counties near city jobs. I have not yet 
> 

Perhaps.  But my most direct experience in this is he very, very rural plot 
of property beside me.  A speculative investor in Florida (this is Tennessee) 
bought it not intending to rent it but just on the idea that property values 
always go up.  He marked the property up 33% over what he paid and put it on 
the 
market.  He ended up selling it for 5% over what he paid for it by 
misrepresenting it, lost money by inducing the sale by paying all the closing 
costs and 
commissions, and then is in trouble for misrepresenting the property.  

But it does illustrate that property is being bought in the boonies purely on 
the notion that it is going to go up in value and not because of any rental 
or lease income or intention to 'improve' the property.  What I observed 
might 
be an isolated case, but I tend to doubt it.

James