BOARDWALK BUILDING BOOM 2 – THE COMPARATIVE VALUE GAME

New Construction on Ventnor’s Boardwalk in August 2019

When the BW opposition folks talk about Real Estate values being lower in Ventnor then Margate, it’s true, generally Real Estate does cost less in Ventnor. Of course, what they’re trying to imply is that because Ventnor has a BW its that singular difference between the two towns that causes lower Real Estate values In Ventnor. If that’s the case they need to explain this then. Real estate values are generally lower in Margate then Longport as well. Why is this when neither Margate nor Longport has a BW today? Of course, the reason is that BWs have nothing much to do with Real Estate values to start with. The problem isn’t BWs its their faulty logic. Just because A ( Ventnor has a BW) correlates with B ( Ventnor also has lower RE values) doesn’t mean A necessarily causes B. A classic Correlation doesn’t necessarily mean causation fallacy. Yet this is exactly what they try and claim over and over again in public and online. Added to their endless ad hominem ( personal attacks) on us and what we have are a bunch of people without a case.

BUILDING BOOM !!

One of the most galling LIES spewed by the opposition to building a Boardwalk in Margate is the one about how property values will inevitably decline if such a structure is ever built in Margate. The reality is much more likely that they will rise. Witness the header picture above. This is just one of many brand new multi-million dollar homes presently under construction right next to the Ventnor Boardwalk today. The truth is Ventnor’s Boardwalk is filled to overflowing with luxurious new homes and so is much of its beach block that has enjoyed the same building boom Margate has experienced this past 10 yrs. So, when you hear this particular falsehood just point to all the new construction going on today and all the construction that has taken place in this area over the last 10 years.

THE POLL

THE POLL

The Poll the Margate Boardwalk Committee is recommending be held would include all of Margate’s residents registered voters as well as non-voting taxpayers. We have also recommended that it be a THIRD PARTY poll. A third party poll is one conducted by an Independent certified polling group, agency or Institute. Many exist. The City of Margate would sponsor it but wouldn’t write the actual questions, nor tabulate the results. It would probably be done by mail and com…See More

The Margate BoardwalkWalk Committee Puts it’s Public Petition and Our Report ON The RECORD !!

On Aug. 15th The Margate BW Committee attended the Margate Commission meeting as a group and placed its Public petition with its 613 signatures on the Record. We also placed our Report ” A MargateBoardwalk for the 21st Century” on the Record as well. The meeting was very well attended with an overflow crowd spilling into the hallways. https://downbeachbuzz.com/margate-commissioners-keeping-quiet-on-margate-boardwalk-petition/

NEWS RELEASE!!

The Margate Boardwalk Committee will be appearing @ the Aug 15th Margate City Commission Meeting at The Old City Hall Commission Chambers on Washington & Ventnor Ave. starting at 4 pm. We will be placing our report “A Margate Boardwalk for the 21st Century” on the public record . We will also be placing our Public Petition with over 600 signatures on the record as well. Hope to see you there. Sitting is limited so get there early.