My neighborhood consists of 13 moderately high-end houses (in Panama City that means tile roofs, HOA controlled, nice lawns, gated community, on a golf course or water front, and over 2000 sq feet) that were mostly completed in 2008. Problem is that there are over 60 lots in the neighborhood and none of the lots are selling. While not loving the rattlesnakes that come with it, we love the trees, the open spaces, and the deer we see every morning in our mostly empty neighborhood. We are here for the long haul (10+ years), so breaking even on the investment would mean that a) we enjoyed raising a family here and b) we might get back what we invested in it. Me being Mr. Optimism would call that a win.

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