I think it has more to do with a bust cycle at some point. There are a lot of partially finished hotels on the water that look like they've been that way for a while now. And then you go a mile down a road and there will be some serious building going on. I'm guessing there aren't too many HOA's here either. I just drove by a very expensive looking house with high dollar cars in front but a guy herding goats in the empty lot next door!