I have a totally different take on Seahaus. I regret not jumping on these when they were first being built. My father was out here and I could have probably gone in on the town homes to the back of seahaus for around 650 to 700. Interest rates on 30 year fixed at the time were around 5%.
I am fairly confident that I not only would be in a comfortable equity possiton today but that I could have easly rode out any downturn. I could see traffic being a Problem but that area is great for Ocean lovers.