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More real estate doom and gloom

kidwoo

Artisanal Tweet Curator
“I was afraid of being thrown into a concentration camp. I know that sounds crazy.”

No - that doesn't just *sound* crazy... :rolleyes:
"my great grandad owned a mountain range that he bought on slave labor and my grandad, a vice president of the united states was really a people's man"

:rofl:


I hadn't thought about it but since she brought it up, I mean hey she probably used to look forward to 'camp' ever summer. I appreciate her putting the idea out there.
 
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rideit

Bob the Builder
Aug 24, 2004
24,903
12,655
In the cleavage of the Tetons
So much bullshit from afar in that ’piece’. (The fact that the AM news-talk station is called KLIX says it all).
First off, no one, and I mean no one, calls the Wyoming side Teton Valley, they either call it Teton County or Jackson Hole. Teton Valley is in Idaho, you clown.
There haven’t truly been ranchers in JH since the 60’s, it’s all National Park, Forest, or Elk Refuge. (Except for the Lockharts and other conservation ranchers).
Who are these ultra- wealthy ‘government’ people? County Librarians?
Klic-bait, indeed.
 

rideit

Bob the Builder
Aug 24, 2004
24,903
12,655
In the cleavage of the Tetons
Yeah, I know all of that, California pensioners, blah, blah. But most of them STILL can’t afford Jackson or Wilson. Maybe Teton Valley and Alpine.
I certainly don’t know of a single example, and my wife’s practice sees everything.

I did finish it, but still think it kind of belabored the point half-way, not a goddamn thing I didn’t know or can’t see.
 

kidwoo

Artisanal Tweet Curator
Yeah, I know all of that, California pensioners,
JFC

Like almost every republican cabinet member and lobbyist from the last 40 years has a fuckin house in the yellowstone club or jackson. They're the same people over and over again through the gov't job/lobbyist revolving door so it's not like there are tons of them.

THE FUCKING CHENEYS

The budd-falen types.... Come on you know this.

"California pensioners" has nothing to do with it. All those assholes have mansions on tahoe :D

Read the vanity fair piece he links at least
 

kidwoo

Artisanal Tweet Curator
That’s not ‘government’ money, that’s corporate bribery, and insider trading.
Totally different things.
Seriously? That's entirely gov't money.

We fully subsidized Haliburton with your and my taxes for eons. Plus every other venture contractor those people run when they're not directly employed by the gov't (and sometimes when they are)

You honestly don't understand the massive appeal of gov't jobs to already rich people? It's cuz they can direct moar of it at their greedy little faces during and long after those jobs. You think lockheed martin isn't government money? Those contracts are some of the most lucrative shit on the planet. You think northrup grumman is a merit-based company? :rofl:

Think well past "dog catcher"

Palantir is looking to get more federal IT dollars
 
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kidwoo

Artisanal Tweet Curator
Fair enough, I wasnt really thinking of that side of things. KILL EM ALL
Dude.....it's literally the single largest expenditure, into the billions and sometimes trillions of our 'gov't money'

The entire payroll of the entire US gov't salary base is like pennies compared to what we pay contractors en masse.

And a whole lot of that money settles right where you live. That's what he was referencing and he's correct about it......."teton valley" aside


Look

"ranchers"

ranchers.JPG


 
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kidwoo

Artisanal Tweet Curator
Actually, that’s pretty much perfect. Maybe I’ll get that as a full back tattoo.
I'm pretty convinced at this point that the only real job in wyoming is the mcdonalds in rawlins. Even though it's a huge multinational corporation with lobbyists and all the other shit, at least everyone knows it.

Maybe the old jail tours there too but that also probably got bought up by airbnb last year
 

rideit

Bob the Builder
Aug 24, 2004
24,903
12,655
In the cleavage of the Tetons
The thing about that image is that it’s basically been the same since the trappers displaced the injuns, the Mormons displaced the trappers, the Rockefellers displaced the Mormons, the post war generation moved here in the ’50’s, and then were replaced by the ski bums, who are being replaced by the billionaires.
What’s next?
Maybe full circle after Yellowstone blows?
 

kidwoo

Artisanal Tweet Curator
The thing about that image is that it’s basically been the same since the trappers displaced the injuns, the Mormons displaced the trappers, the Rockefellers displaced the Mormons, the post war generation moved here in the ’50’s, and then were replaced by the ski bums, who are being replaced by the billionaires.
What’s next?
Maybe full circle after Yellowstone blows?
America in general all changed for the worse during the 80s when every single progressive policy enacted to avoid another depression was dismantled. Jackson is the turbo charged extreme tip of it all. And it's all directly related to sucking money dick. Since the 90s that place has been racing headlong into feudalism like no other.....

The idea of this 'noble rancher' in Jackson Hole is like you said......pure fantasy at this point. One that seems to somehow attract the shitty rich new residents who the actual rural communities left despise.


You'll get a kick out of this: the fuckwit who built the yellowstone club is building another one on the west shore of tahoe, taking over what used to be the last little cool indy ski hill left.
 
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kidwoo

Artisanal Tweet Curator
Tahoe gets what it deserves as well, I guess.
It's a little different though. All our county seats are down the hill and run by people who have 'investments' here. The tahoe area is just a money generator for distant shit heads. We have fuckall control over what goes on here. It's like two distant worlds separated by a literal mountain range.

Teton county shot its own head off. We at least have zero autonomy to use as an excuse. People who made teton county what it is at least live close enough to see the result. They just didn't care.

We do have a bi-state agency that's supposed to manage 'responsible development' but it's filled with shitlib real estate agents on the board so you can imagine how productive that is.

If anything the elements that have milked this place dry are about to deserve what tahoe is about to become. An algae ridden pond surrounded by burnt snags and zero slave labor to do their bidding
 
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junkyard

You might feel a little prick.
Sep 1, 2015
2,619
2,350
San Diego
Sometimes I like to fantasize about owning a condo in mammoth. In years past because I like that place, now because it’s a half way point and awesome. Prices have gone crazy there for just a dumb condo, 3-4 years ago what was 230k is now almost 600k. Which is no different than anywhere else. My dream is just that much more unobtainable. Especially with the mortgage rates and all. Maybe shit will really come apart at the seam and I can swoop a crappy one up, but that’s doubtful. A man can dream anyway.
 

Jm_

sled dog's bollocks
Jan 14, 2002
20,397
10,867
AK
Sometimes I like to fantasize about owning a condo in mammoth. In years past because I like that place, now because it’s a half way point and awesome. Prices have gone crazy there for just a dumb condo, 3-4 years ago what was 230k is now almost 600k. Which is no different than anywhere else. My dream is just that much more unobtainable. Especially with the mortgage rates and all. Maybe shit will really come apart at the seam and I can swoop a crappy one up, but that’s doubtful. A man can dream anyway.
Fire damage would de-value those condos real fast. Just saying.
 

kidwoo

Artisanal Tweet Curator

rideit

Bob the Builder
Aug 24, 2004
24,903
12,655
In the cleavage of the Tetons
Hey, we are NUMBER 1!
WOOT WOOT

Wait a sec...this blows

 

6thElement

Schrodinger's Immigrant
Jul 29, 2008
17,427
14,926
Hey, we are NUMBER 1!
WOOT WOOT

Wait a sec...this blows

When are you selling up and moving to Limon?
 

rideit

Bob the Builder
Aug 24, 2004
24,903
12,655
In the cleavage of the Tetons
I have never heard of that, I’ll look into it.
Pretty sure Zillow has the last sale prices?
However, the ‘average’ sold price for ‘22 was $5 Million.
And has gone up in ‘23.
It’s repulsive.

 
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kidwoo

Artisanal Tweet Curator
I have never heard of that, I’ll look into it.
Pretty sure Zillow has the last sale prices?
However, the ‘average’ sold price for ‘22 was $5 Million.
And has gone up in ‘23.
It’s repulsive.

It's all disgusting

I was talking with my partner last night as we're looking at houses down the hill (reno/carson city) which used to be the cheap option and they're all way more than what she paid for this place in 2005 (another 'peak' period). Graphics like this show a little bit why. Income vs. home price. The ones at the bottom, where your area and mine certainly would fall show one thing: people that live and work in these places aren't the ones buying the houses. Something I've bitched about for a long time in this thread but this is millionaire/billionaire second-tenth homes and VC investments eating up housing.




This shit can't last. But given this inflation is for different reasons than 2008 and all these investment companies built a model of eating up housing in the recovery to either control prices in neighborhoods that they all own, or create astronomical rentals, I don't see how this ends.
 

Jm_

sled dog's bollocks
Jan 14, 2002
20,397
10,867
AK
It's all disgusting

I was talking with my partner last night as we're looking at houses down the hill (reno/carson city) which used to be the cheap option and they're all way more than what she paid for this place in 2005 (another 'peak' period). Graphics like this show a little bit why. Income vs. home price. The ones at the bottom, where your area and mine certainly would fall show one thing: people that live and work in these places aren't the ones buying the houses. Something I've bitched about for a long time in this thread but this is millionaire/billionaire second-tenth homes and VC investments eating up housing.




This shit can't last. But given this inflation is for different reasons than 2008 and all these investment companies built a model of eating up housing in the recovery to either control prices in neighborhoods that they all own, or create astronomical rentals, I don't see how this ends.
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