High gas prices will drive cottage prices into a lower cycle. This happened during the great inflation of the late 70's and the minor recession of the early 90's. This past weekend I only saw one idiot in a giant cigarette boat zooming across the lake in 30 seconds! Then he followed the shore, which gave him a whole 3 minutes! (and $50 worth of gas!).
The article says that prices won't fall, but that depends on how many people are desperate to sell.