Why do seaside apartments never sell?

anonymousanonymous
in Business & Finance

Update:

And i'm not saying ALL apartments.

But there always buidling apartments in coastal towns/ cities and some of them don't sell and the companies fold. Like all the ghosting apartment complex's in Miami.

Comments

  • linda-rlinda-r

    Because they are way too expensive for anyone to buy.

  • anonymousanonymous

    They are either too highly priced because of location or people are scared to buy them because of coastal erosion.

  • cathi-kcathi-k

    Of course they sell. Are you thinking that all seaside apartments are empty? No.

  • howard-lhoward-l

    I didn't realize they were all vacant. I thought people lived in them.

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