As many of us in the luxury real estate industry watch with horror and sadness as the oil spill in the gulf continues to grow in terms of its scope and impact, I began to reflect on the ramifications this has and will continue to have on some of the most prominent coastal properties in the USA.
The beauty of the beaches, boating and fishing opportunities that have become synonymous with the lifestyle for many Gulf Coast States are certainly going to be enduring one of the most traumatic natural disasters in the history of the region. Unlike the hurricanes and seasonal storms which the area is somewhat accustomed to enduring and rebuilding from, this oil spill will more than likely leave a long lasting scar on many of the core elements and draws of this spectacular region. The impact of this can't be underestimated as one of the most popular vacation and retirement regions in the USA works to measure the short and long term ramifications of this tremendous tragedy.






