Nope. Still coming to Bend like it was 2019. And then some.Quote:
Originally Posted by The AD
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Nope. Still coming to Bend like it was 2019. And then some.Quote:
Originally Posted by The AD
I have seen much busier 4th of Julys around here. Not dead, but not crazy either.
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That doesn't surprise me. I was thinking about coming down for an open water swimming event at the end of the month and hotels are all at least $250/night.Quote:
Originally Posted by Toadman
Same here in CO. People blamed the fireworks ban and lack of town fireworks. But I think that's bullshit. Gas prices, the weather, and the STR restrictions in every town up here have cause rates for STRs and hotel room to go through the roof.Quote:
Originally Posted by Truckee Joe
the breckenridge co real estate state of estate
touron numbers are down bookings are down
breckenridge is still a 1st class zoo don't get me wrong wall to wall pasty white fat people
the numbers are back to "normal" after 2020 & 2021 chaos, for most people normal is good, for the money grubbing locals normal is not good
numbers are down because the "in crowd" is now back traveling to pachui pichu italia and other fab international spots
gas prices the news cycle and inflation have more people staying home hiding under their blankets
over all the scene is good winter bookings are being made
number of houses on the market has skyrocketed prices are still stupid 2 million will get you not too much around here
alot of casual buyers are now priced out cost of entry to the kingdom is way too high
realtors are up in arms and blaming the gov't for short term rental bans and restrictions
these restrictions are supposidly cutting into their sales, guess their run up in prices had nothing to do with it
people are still buying 1.5 million dollar dumps and calling me to "fix it up" they want a pimp pad and I say it'll start at $150 sq ft and they freak even though they bought a shit hole for $900 sq ft
typical bullshit neighbors pimp unit sold for $800 sq ft
so they guy with the "I haven't done anything to my unit, it's all 1992 inside" thinks they can get $800 sq ft also
I'm looking at shitty far away small towns
prices there are still stupid
500k for a shit house in a small town with no jobs no tourism well not much of anything actually
the houses are sitting and I'm like everyone else waiting for them to come back down to reality 230k like they were three years ago
gonna be interesting to see what shakes out
fyiQuote:
Originally Posted by Name Redacted
in the 1990s many many developers came to summit county proposing hotel developments
not condos but hotels
the county and city of breck ran them out of town and made it so difficult to build hotels and large developments of that sort that the developers gave up
so here we are today with short terms filling that void
unless you are breckenridge grand vacations who got a pass in the early 2000's
which is run by the biggest scum bag ex local now cherry creek resident who has been given everything he needs to build giant time share hotel condos while providing little to no employee or deed restricted housing like any other developer has too
In the meantime...Quote:
Originally Posted by fastfred
https://www.youtube.com/watch?v=VWAvwt6xiso
I can't say I've ever noticed that house. Very tucked away.Quote:
Originally Posted by alpinevibes
I don't fully agree with the direction the council is taking on residential construction, but I agree that something has to be done to slow the roll. It's just been insane here over the last two years and ripples out into so many other problems to continue the overall demise of Aspen. But the unintended consequences of last week's decisions will have major implications as well: creative 59% work arounds and yet-another-Aspen-side-market for demo permits...Quote:
Originally Posted by fastfred
That said - the majority of City Council does not (and has not, for a while) lived in subsidized housing. Councilors get paid ~$30k a year, meaning you need to have A) a nice nest egg or trust fund to step into the role, B) a low-commitment/high-pay side gig or C) truly affordable housing (ie long roots) and the thriftiness to survive those years. County commissioners make $80k, which is liveable:
Mayor Torre: Lives in a free market Condo, works a "Tennis Pro in Aspen" driving a Z3 - you can connect the dots.
Millennial Skippy: Lives in a free market rental, has a patchy work history up until his Council election but somehow managed to scrape together $100k to get a franchise STR business off the ground. Is currently bidding on subsidized housing condos; gotta get in while you qualify! You can connect the dots.
Ward: Lives in a free market house with a Z-estimate of $5M. Successful small business owner before moving to Aspen full time.
John: Lives in a free market condo, longtime local and artist since 1982.
Rachel: Lives in a subsidized condo she purchased in 1988 for $64k, now worth ~$200k. 30 year public servant - mayor, county commissioner and city councilor. She was working at City Market part-time to pay the bills recently.
The previous councils included:
Ann: Lives in a free market house with a Z-estimate of $8M. Successful small business owner before moving to Aspen full time.
Adam: Lives in a free market house with a Z-estimate of $10M. Successful currency trader before moving to Aspen full time.
I'm not sure a 20 year-old Z3 screams $$$$, but your point is otherwise accurate.Quote:
Originally Posted by alpinevibes
Totally random observation, but I just realized that fastfred and ski J are polar opposites when it comes to punctuation.
Quote:
Originally Posted by alpinevibes
Amazing!
Thanks for The break down
I should do our council next for shits and giggles you guys are crushing it at 30k a year I think breck is around 9k mayor gets more commisioners get 80k plus a year I need that job
did Lee mulcahy ever run for commissioner or council?
Yep, for mayor. Needless to say he didn’t win.Quote:
Originally Posted by fastfred
Sorry, bit of a rant/thread drift here. Favorite topic of mine... [But on the basis of real estate: it should be noted that the City of Aspen gave the buyers of Lee's house $250k towards upgrades, as part of the sale. Bit shady and shitty, if you ask me].Quote:
Originally Posted by funkendrenchman
Lee has a long history of running for public as a means of feeding his incessant narcissism and 10 gallon hat entitlement. He was our neighbor for many years and is one of the least credible and most laughable people I've ever encountered. An absolute ass-clown of a person, whose ego and conceit know no bounds...
Lee ran for Mayor twice, taking home 17% of the vote in 2017 and conceding, before voting commenced, in 2021. He ran for State Senate in 2014, taking 4.2% of the vote in our district.
His best attempt at public office, however, was his run for school board in 2015. As the Aspen Times stated in their sober assessment:
"With regard to his current school board bid, Mulcahy has no children in school and no past as an educator ... but describes himself as a ‘product of public schools’ and a firm believer in public education." [despite getting his bachelors and master's from private universities that daddy paid for].
He tried very hard to paint himself as an educator, though his "teaching" credentials for managing a school district were primarily as having been a ski instructor and teaching some adjunct French 101 courses at Baylor back in the day (https://www.pr.com/press-release/634023). He repeatedly flaunted his PhD [Humanities from UT] as a silver bullet for knowing education and loved to trot out the fact he attended 'La Sorbonne,' despite only attending a mostly-American-student french language course.
I do kinda miss seeing mr texas pedaling a 9 year old girls bike on the bike path, though.
I laughed at the part when he dumped a truckload of trash on the corner of the new art museum and called it "art", then got promptly tagged for littering. To his credit there was an art piece installed on the corner that same summer that kind of looked like trash.Quote:
Originally Posted by alpinevibes
Well. Someone who still lives with his mom
Maybe benny and lee are the sane person
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This just blows my mind. No idea if someone would drop this kind of coin on a house like this, but I guess there are people with that kind of money to drop on something like this? Great location but still. That kind of money would get you a stupid huge house with all the bells and whistles and a couple acres of land here in Bend. Or somewhere in Idaho...
https://www.redfin.com/CA/Pacific-Pa...9uX251bWJlcj0w
a 6.5M 1953 tear down
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Location location location.Quote:
Originally Posted by Toadman
The buyer will mostly like double their investment with an extensive remodel. $6M is the new $2M, right?!
What do you think fire insurance would run on that place?Quote:
Originally Posted by Toadman
I'm surprised people down there still have pools and lawns; my aunt and uncle in the Bay Area filled in their pool due to water restrictions.
I kind of have the impression that a lot of the people in SoCal don’t give a shit about water restrictions.Quote:
Originally Posted by dan_pdx
don't forget taxes which are 10K a year on that listingQuote:
Originally Posted by zion zig zag
some friends put up a picture of the childhood vaca home/ waterfront cottage back east which the fam were listing, it was beautiful but nobody in the fam wanted it cuz taxes were 36k a year
Fire protectionQuote:
Originally Posted by dan_pdx
Stats for my zip code per Zillow today:
Typical Home Value: $597,196
Typical Home Value 1 Year Ago: $460,524
Forecasted 1-Year Change: +15.8%
The forecast blows my mind and will be interesting to see if it pans out. Pre-pandemic median was barely over $300k.