Islands, anyone?

-http://www.latimes.com/business/realestate/la-fi-islands-20120819,0,1030332,full.story
-"Looking to buy an island?" by Lauren Beale, LA Times
-Published August 19, 2012

Buying a private island is apparently not as expensive as we thought it would be. Lauren Beale, LA times journalist explains how Chief Executive Chris Krolow said that islands can be bought for less than $50,000 from a company called Private Islands Inc. Most of the buyers of these private islands are usually the American, Canadian, or British. However, as island prices began to drop in a few areas, people began to become more intrigued by the idea of buying an island.  Many of these island owners are celebrities because that is their private area; they can be there by themselves, and not worry about what they are doing because no one is there to bother them. Either way, there are only two groups you could possibly fall into for buying an island. "Island buyers tend to fall into two groups: people who are making lifestyle choices and entrepreneurs developing resorts" (Lauren Beale, LA Times). Beale explains that people either buy islands for their own personal privacy, or to try to open hotels or other businesses. This article continues to explain real examples of people who have purchased islands, why they did, for what price, and other aspects. It also explains how not everyone should own an island. "Beyond the cash needed, hurdles may include receiving building permits and environmental issues" (Lauren Beale, LA Times). Beale explains how buying an island is not as easy as it seems. Although it may be cheap, one needs to adapt to the environment, or have a building permit if they wish to build a house. Even though buying an island is not as expensive as we thought, it is not as easy either.