Real Estate Crash thread

[365wp]

https://www.redfin.com/VT/Jericho/31.../home/91379918
http://www.nelsap.org/vt/oxbow.html

[SKIP IN7RO]

That sure looks like a really cool property for the money.

[TAFKALVS]

As a resident of Sandpoint, I can tell you the STR regulations have made little difference in house pricing and that the official city of Sandpoint limits are quite small.

IMHO its not the STRs that are the big issue. Its the boomer Californian type people coming with cash from their home sale in orange county + 6 figure pensions. 50 - 60 year olds, often calfire or LAPD husband + teacher wife. They overpay for houses and often buy all the toys once in town- side by sides, boats, Rubicon wrangler (with flashy rims), big diesel truck etc.

The STR are easier to demonize.

[Conundrum]

Heh, you must be new here.

I laughed.

[Harry]

Talked to lawyer. Office is a block from the courthouse and is first name basis with all clerks. Should have answer in a day or two.


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[Flyoverland Captive]

If you don’t need to work, you could do better than Duluth. Head north to Grand Marais; better skiing, close to Canada, cheaper land, etc.

[ötzi]

Well, he might want to go out to eat or see a doctor or talk to somebody once in a while.

[Meadow Skipper]

Well, he might want to go out to eat or see a doctor or talk to somebody once in a while.

That shit gets a little more important as we ease into our golden years.

[skaredshtles]

If you don’t need to work, you could do better than Duluth. Head north to Grand Marais; better skiing, close to Canada, cheaper land, etc.

My sister spends most of the summer in GM...

[ötzi]

So like a week and a half?

[Meadow Skipper]

My sister spends most of the summer in GM...

She just hopes summer happens on a weekend.

[skaredshtles]

So like a week and a half?

You're not wrong. But she's there for much longer than that...

[ötzi]

Looks like they must get some tourists through there in the summer. Probably hunters and snowmobilers and whatnot too. But it's in the middle of nowhere.

[Flyoverland Captive]

I have family there. Cool town, if you like solitude.

[Ridgehippy]

As a resident of Sandpoint, I can tell you the STR regulations have made little difference in house pricing and that the official city of Sandpoint limits are quite small.

IMHO its not the STRs that are the big issue. Its the boomer Californian type people coming with cash from their home sale in orange county + 6 figure pensions. 50 - 60 year olds, often calfire or LAPD husband + teacher wife. They overpay for houses and often buy all the toys once in town- side by sides, boats, Rubicon wrangler (with flashy rims), big diesel truck etc.

The STR are easier to demonize.

Driving north on the 95 thru Coeur d’Alene definitely gives the vibe that some of Orange County came with them (generic strip with Chili's, Bed, Bath, & Beyond, TJMaxx, ...) That said, if you know one that wants to overpay for a great place in Bonners Ferry, let me know

[Toadman]

For all you TGR Equestrian mags...

https://www.yahoo.com/lifestyle/insi...180000663.html

[Benny Profane]

North Salem goes, pfffft.

[RootSkier]

Looks like they must get some tourists through there in the summer. Probably hunters and snowmobilers and whatnot too. But it's in the middle of nowhere.

Tons of tourists in the summer. Sort of the jumping off point for the Boundary Waters. But yeah, absolute middle of fucking nowhere.

[skaredshtles]

Tons of tourists in the summer. Sort of the jumping off point for the Boundary Waters. But yeah, absolute middle of fucking nowhere.

Heh - I didn't know there was a GM, MN. My sis' spends the summer in GM, MI.

[Falcon3]

Driving north on the 95 thru Coeur d’Alene definitely gives the vibe that some of Orange County came with them (generic strip with Chili's, Bed, Bath, & Beyond, TJMaxx, ...) That said, if you know one that wants to overpay for a great place in Bonners Ferry, let me know

Nah man, that’s pure EWA/NID. These folks decry anything that might hurt the prescious local “small business” even though they’ll never eat at a local place because it doesn’t have a drive-through and it costs $2 more. They love themselves some chain restaurants.

[concretejungle]

Driving north on the 95 thru Coeur d’Alene definitely gives the vibe that some of Orange County came with them (generic strip with Chili's, Bed, Bath, & Beyond, TJMaxx, ...) That said, if you know one that wants to overpay for a great place in Bonners Ferry, let me know

Coeur d'Alene has looked like a generic strip mall for the last ten years. The white bred Idahoans eat that shit up.

[jono]

White bread Idahoans have been taking off the CA plates when they move in to Cd'A for a few decades.

[shroom]

Nah man, that’s pure EWA/NID. These folks decry anything that might hurt the prescious local “small business” even though they’ll never eat at a local place because it doesn’t have a drive-through and it costs $2 more. They love themselves some chain restaurants.

the red robin in the valley was the busiest in the world 10-15 years ago. food options have come a long way actually, but i prefer the legacy traffic

[dunfree]

Tons of tourists in the summer. Sort of the jumping off point for the Boundary Waters. But yeah, absolute middle of fucking nowhere.

And isle royale from the mn side. Also a cool craft school. There’s not much to the town, really, but some nice people. The covid closures rejiggered some mental maps, tons of people streaming north with canoes.

grand marais isn’t currently cheaper than Duluth, it’s pretty expensive https://search.redpinerealty.com/i/g...niums-for-sale once you head north of grand marais by not much things get cheaper.

[Mustonen]

Heh - I didn't know there was a GM, MN. My sis' spends the summer in GM, MI.

Which, to be clear, is also in the middle of fucking nowhere.