The housing shortage and public lands

[BigHornRam]

I'm old enough to remember when you could buy a house close to downtown in Bozo when you were making $40K a year.

I don't think generations previous to this one were ever in such an upside down situation relative to wages & the ability to own a home.

Late 70's and early 80's were about as tough. 30's were much worse.

 

[Ben Lamb]

Late 70's and early 80's were about as tough. 30's were much worse.

My folks lost their house in 85 thanks to the oil crash. They were able to claw back within 5 years. Agree on the 30's, and would simply point to the similarities in economic inequity that led to that massive "correction" in the market.

 

[Gerald Martin]

Late 70's and early 80's were about as tough. 30's were much worse.

I remember Dad talking about paying 13% interest when a 3 bedroom home cost @ 100k and wages were @ $8 per hour for a carpenter with 15 years experience.

 

[RobertD]

The weirdest part about seeing rural areas get crowded and the housing market go nuts is knowing that simultaneously US population growth is slowing way down and the fertility rate is below replacement level. Frustrating and perplexing.

 

[Elkmagnet]

The rule is: You have to name the subdivision after the natural features you destroyed to make the sub-d.

Introducing!
Grand canyon ranchers 10,000 homes on 1,218,375 acres nestled along the rim of the Grand canyon with beautiful views of the Colorado River. Be sure to purchase your spot on Bundy Avenue named after the Idaho rancher who made all of this possible. Bundy Ave backes up to the north rim of the grand canyon with the best views of the river rafters and boaters. Property taxes on rim top homes will be paid for by the user fees charged to river users on your private stretch of the Colorado!
Construction estimates to begin during the new spring thaw January 2043.

Click on pic of ridiculously tan realtor to purchase your site today!

 

[BigHornRam]

My folks lost their house in 85 thanks to the oil crash. They were able to claw back within 5 years. Agree on the 30's, and would simply point to the similarities in economic inequity that led to that massive "correction" in the market.

The "cure" led to the length of the correction in the 30's IMO. Hope history doesn't repeat itself, but it often does.

 

[Oak]

The obvious answer is to elect Ammon Bundy as President and get rid of public lands.

I don’t know why everyone has to make it so difficult to solve simple problems.

I'll be honest, government-subsidized housing so that everyone can afford it was not the place I expected the most conservative of the conservatives to go.

 

[BigHornRam]

I remember Dad talking about paying 13% interest when a 3 bedroom home cost @ 100k and wages were @ $8 per hour for a carpenter with 15 years experience.

I recall interest rates peaking at over 20%. What are we at today? 3%?

 

[Ben Lamb]

The "cure" led to the length of the correction in the 30's IMO. Hope history doesn't repeat itself, but it often does.

The cure was WWII. A massive gov't spending program that elevated the US to the forefront of the world in terms of technology & manufacturing power.

But along the way, we built the modern US infrastructure system and put millions of people to work in a dignified fashion.

The free market fails us as a collective repeatedly, yet we still worship it as our savior.

 

[BigHornRam]

I'll be honest, government-subsidized housing so that everyone can afford it was not the place I expected the most conservative of the conservatives to go.

Populism, the new conservative reincarnation.

 

[BirdManMike]

It becomes hard to meet the demand for more and more services and amenities the retirees, investment/vacation rental buyers, and second home owners require when theyve bought all the real estate and priced out labor. The absolute best is hearing, 'no one wants to work any more', when the restaurants and stores cut hours, days, or close.

 

[Gerald Martin]

The cure was WWII. A massive gov't spending program that elevated the US to the forefront of the world in terms of technology & manufacturing power.

But along the way, we built the modern US infrastructure system and put millions of people to work in a dignified fashion.

The free market fails us as a collective repeatedly, yet we still worship it as our savior.

So fondling the big red button might be the answer?
I think I prefer helping my kids navigate high housing prices by driving the canyon every day to take money from the 1%.

 

[Ben Lamb]

It becomes hard to meet the demand for more and more services and amenities the retirees, investment/vacation rental buyers, and second home owners require when theyve bought all the real estate and priced out labor. The absolute best is hearing, 'no one wants to work any more', when the restaurants and stores cut hours, days, or close.

If only there were a source of unskilled labor desperate to come to this country to serve the self-entitled.

 

[BirdManMike]

If only there were a source of unskilled labor desperate to come to this country to serve the self-entitled.

They might murder or rape me. Or maybe even sell me drugs!

(tongue in cheek)

 

[Deleted member 28227]

“conservative”

When was the last time we actually had a fiscal conservative in office…

 

[Ben Lamb]

So fondling the big red button might be the answer?
I think I prefer helping my kids navigate high housing prices by driving the canyon every day to take money from the 1%.

I'm fine nuking Big Sky. And any town where you can buy $5000 bottles of wine while some poor kid lives in a tent to serve the would be lords & ladies. I'm an American though, and I hate aristocracy. Get yer hands off my tea, King George!

Or, we can recognize that the economic model that values investment revenue over production revenue and community development is what's killing us as the line between the wealthy & the rest of us grows larger.

 

[OntarioHunter]

Late 70's and early 80's were about as tough. 30's were much worse.

Actually, the thirties weren't that bad. Even a menial job and with only one person working in the family it was easy to find affordable housing. Landlords were crying for renters. Buying a home was tougher ... because the banks had all failed. James Gray's book on the Canadian Dirty Thirties provides excellent insight.

 

[BigHornRam]

When was the last time we actually had a fiscal conservative in office…

Coolidge?

 

[tjones]

There's a guy I know who has a cabin on a few acres outside a fancy mountain town. He got there a few years ago and is now demanding everyone change how the west works. He's well meaning, but he's also sitting on subdivided elk winter ground, complaining that there's not enough wildlife.

I was just talking to a guy that moved to the valley 4 years ago and now complaining about all the folks moving here.

Strange times

 

[Ben Lamb]

I was just talking to a guy that moved to the valley 4 years ago and now complaining about all the folks moving here.

Strange times

Did FWP ever come by and take care of that snake for old so & so?