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Example of the "Millionaire Next Door"
Old 07-31-2005, 08:58 AM   #1
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Example of the "Millionaire Next Door"

http://news.yahoo.com/s/washpost/200...f_a_ghost_town

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Re: Example of the "Millionaire Next Door"
Old 07-31-2005, 09:15 AM   #2
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Re: Example of the "Millionaire Next Door"

Sounds more like an example of being penny-wise and pound-foolish.
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Re: Example of the "Millionaire Next Door"
Old 07-31-2005, 09:28 AM   #3
 
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Re: Example of the "Millionaire Next Door"

It does look like an interesting place:

Click for aerial photo

could be a money-maker.
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Re: Example of the "Millionaire Next Door"
Old 07-31-2005, 10:19 AM   #4
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Re: Example of the "Millionaire Next Door"

Interesting story, hope he has better luck finding a handy man than we do.
If all else fails, maybe this could be the next Gitmo
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Re: Example of the "Millionaire Next Door"
Old 07-31-2005, 10:48 AM   #5
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Re: Example of the "Millionaire Next Door"

I smell a tourist trap on the horizon. Man - they screwed the Seattle waterfront/Pike's Place - used to be fun after midnight down there in the early 60's. Fell's Point Baltimore(early 70's), Silver City, NV 50's??) - I wonder how Ryderwood, WA is doing.

Any news on Uravan,CO or Eagle Rock(not mountain) CA - heh. heh, heh - my sister is married to a mining engineer.

Alamo, NV -

Nothing like the tourist/vacation dollar to screw up delightfully seedy.
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Re: Example of the "Millionaire Next Door"
Old 08-01-2005, 09:56 PM   #6
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Re: Example of the "Millionaire Next Door"

I have heard that a lot of Californians are buying up vacations spots in Canada. I would think it would be a good investment. I was actually more interested in the guy since he is an immigrant and lives way below his means and is a "value investor" and not worrying about how everybody is making money flipping properties.
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Re: Example of the "Millionaire Next Door"
Old 08-02-2005, 09:02 AM   #7
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Re: Example of the "Millionaire Next Door"

I would like to buy an island someday


That ghost town does look pretty though
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Re: Example of the "Millionaire Next Door"
Old 08-02-2005, 09:05 AM   #8
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Re: Example of the "Millionaire Next Door"

I just found this-

http://www.niho.com/consulting/kitsaulthistory1.asp
http://www.niho.com/consulting/kitsault.asp
http://www.wingsovercanada.ca/images...ault/index.htm

Edit:

After looking at those pics, I have expect to see some zombies crawling out of homes looking for brains... It's somewhat creepy seeing all those signs of life, and yet not seeing the life itself.
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