Buying coastal property
I'm interested in buying a house on the Oregon coast for a long-term buy and hold. This will be partially an investment, but also because I would personally like to own property by the ocean, possibly as a place to retire or visit later in life.
It seems that generally, coastal property appreciates fairly well, but I'd like to know if there are any red flags I should be aware of. Smaller amount of jobs and higher insurance possibly come to mind. If anyone here has experience buying coastal property, your insight would be very appreciated.