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Not true, land lease is a set amount across the board, not like taxes......which is set until 2032 I believe, then see what happens with the new lease amount. However, they implemented a tax as well a couple years ago that is based on building value.....tax you will pay anywhere and the land lease works out to be about what we pay a year to own a trailer and camp, so a wash. Cottage ownership in this area is cheaper based on that of course seeing as you do not own the property, just the building..... Honestly, not something that I would have ever considered, but......my parents bought it a little while ago as they just love the area, camped at Killbear literally our entire life and one day they tell us they bought a cottage and are stopping camping, surprised us all. Mom passed in 2019 and now my dad has maybe a month or two to live (hopefully longer and the Dr's are wrong), so the cottage will either need to be sold or one of us takes it and my sisters would love to see one of us still own it......thinking that might be me/us seeing as we want to buy one, but market is nuts, so we see what happens. This one does not check a few of our boxes for a cottage, so thinking we get into it due to the circumstances and see where it takes us in the future based on the market, us, the kids, etc.... Hence why I am asking the question.....personally not a big fan of the PS area at all for sledding and this location is not ideal for that, but will be a great summer cottage at least for now. There are rumours of the island looking to add a trail network on the island, but I just heard that the other day from one of the neighbours.