It helps to show an example of the opposite situation. Here a nearby island has been developed so that every inch of waterfront has been carved up for private homes. They enjoy exclusive access to the water. All the homes in the interior have no access at all. In most cases people living across the street can’t even see the water because of the wall of tightly packed homes on the shore. Property values for waterfront homes are very high and these homes are continually expanded and improved. All other homes sell for radically less and are more cautiously upgraded, if at all. It’s possible to live on an island in this manner and never experience the water. It’s a winner-take-all approach that sets up a two tiered economy by design.