It often takes many years for greed to come back and bite you in the butt. I think this is just the beginning of the results of greed here in the Myrtle Beach area showing. Over development, basically ruining the ocean front area with high rise after high rise. The developers have turned Myrtle Beach into a very tacking looking place. Can anyone honestly say driving along Ocean Blvd finds it attractive? Most of the time you can't even see the ocean thru all the buildings. If the county/MB had had a brain, they would have bought up land when they could have and kept it as open space.Firefreak: That was a great post; however you are wasting your time. The politicians here are only interested in lining their pockets and those of the contractors. They fight like mad against impact fees. As to the questions asked about the money,'That's where the money goes, to buy my baby clothes'; that is the song heard here being sung by builders, contractors, and real estate tycoons. But soon the beach will be gone and paradise will be just a parking lot.
However, the politicians have padded their pockets, their friends pockets and not much you can do now. People will vote them in again and they know this. This is the reason they don't care what people think. They laugh all the way to the bank. How much money do you think is being exchanged now by the hotel/restaurant businesses to politicians to see that bike week stay?
However, you hear of developers having money problems now. I even know of Real Estate agents homes going into foreclosure because they though the "gravy train" would go on for ever. So they are starting to be bit in the butt. I think in time, you will hear of more developer related foreclosures or going into some sort of bankruptcy protection. I for one won't shed a tear for them.
Like I said, it takes time but greed always comes back and bites you in the butt.