We're in PA and have sink holes. There is one that keeps developing about 3 miles from Hersheypark. It became a "hot" commercial property. The value escalated as interest grew. There is now a sports bar called the Sink Hole. Within the last 2 months the hole reopened and when the road reopened, the place was packed with patrons. I understand this is a commercial property and not residential, but the owners saw beyond and capitalized.
With rates increasing, housing prices going up, only you can decide what level of risk you're willing to take. We tend to see life through our rose colored glasses and so far, we have few regrets with the decisions we've made. This includes our recent purchase in The Villages.
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