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Thread: Real Estate Crash thread
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07-01-2020, 10:06 AM #9376
except the piece that you're not getting is this: while there are many "Patagucci clad and craft beer swilling upper middle class white persons" living in mountain towns and looking down their noses at you, not realizing the leg up they had, not all mountain people are that. It IS possible to create a decent life, with home ownership, in mountain towns WITHOUT being helped by mommy or daddy. It's harder to do than it is in a big city where well-paying jobs are more plentiful, but it's far from impossible. And yet you view it as impossible, and so sneer and drip venom at anyone on this board who lives in those towns. It makes you look stupid, because while I don't personally know Fred, Shredgnar, or Foggy, and don't know their life stories, I do know people who didn't come from money and weren't helped by parents but still made a good life for themselves in the mountains. Yet you act like those people cannot possibly exist.
"fuck off you asshat gaper shit for brains fucktard wanker." - Jesus Christ
"She was tossing her bean salad with the vigor of a Drunken Pop princess so I walked out of the corner and said.... "need a hand?"" - Odin
"everybody's got their hooks into you, fuck em....forge on motherfuckers, drag all those bitches across the goal line with you." - (not so) ill-advised strategy
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07-01-2020, 10:06 AM #9377
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07-01-2020, 10:07 AM #9378"fuck off you asshat gaper shit for brains fucktard wanker." - Jesus Christ
"She was tossing her bean salad with the vigor of a Drunken Pop princess so I walked out of the corner and said.... "need a hand?"" - Odin
"everybody's got their hooks into you, fuck em....forge on motherfuckers, drag all those bitches across the goal line with you." - (not so) ill-advised strategy
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07-01-2020, 10:10 AM #9379
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07-01-2020, 10:12 AM #9380
We need a corollary to Carlin's axiom about driving (everyone driving faster than you is a maniac, everyone driving slower is an idiot): everyone richer than you is an entitled dickhead, everyone poorer just needs to pull themselves up by their bootstraps.
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07-01-2020, 10:14 AM #9381
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07-01-2020, 10:15 AM #9382
This thread is usually pretty solid. Now it's just the same tired city vs mountain town TGR argument that exists in 1500 other threads over the past 15 years of TGR. Move on.
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07-01-2020, 10:20 AM #9383
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07-01-2020, 10:22 AM #9384Hucked to flat once
- Join Date
- Oct 2005
- Location
- Idaho
- Posts
- 10,953
Back on track...Boise is still booming. Don't care what Redfin or anything else is saying. The Air B&Bs are in full swing in my neighborhood and it's definitely out of staters hanging around looking at property. I've talked with a few of them. Still getting letters from realtors to sell.
New progressive mayor is trying to shift ADU laws for bigger and more to increase rentals capacity. Apartments going on a lot of empty dirt all over. Builders are slammed. Remodelers are generally six months out on anything major. My mother is trying to get a 20x20' drive way re-poured and she's looking at a 2-3 month wait.
Just spoke with a coworker who writes homeowners insurance in Bozeman. She is slammed talking to New Yorkers and Seattleites all day.
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07-01-2020, 10:33 AM #9385
Or, in Benny's case, the complaint that they're "brown." Boise (maybe not for long), Idaho Falls, Grand Junction, Montrose, Cortez, almost the entirety of NE Oregon, there's a long list of places that aren't glitzy resort towns that have excellent recreation access, especially if you're willing to forgo having a destination ski resort nearby.
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07-01-2020, 10:38 AM #9386
The last few pages actually make me feel bad for Bunny. Must be sad to have retired and be so full of regrets about how you lived your life that all you can do is threaten the people who lived the way you wished you would have.
Back on track, the real estate market in western MT is fucking bonkers right now, and even here--a long ways from any destination ski resorts--the out-of-staters are swooping in buying shit sight unseen and making it really fucking hard for locals without two professional incomes to get into the housing market.
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07-01-2020, 10:45 AM #9387
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07-01-2020, 10:49 AM #9388
How's Libby and Dillion looking? The G-Funk (Great Falls) is weird and not sure it's for me.
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"Having been Baptized by uller his frosty air now burns my soul with confirmation. I am once again pure." - frozenwater
"once i let go of my material desires many opportunities for playing with the planet emerge. emerge - to come into being through evolution. ok back to work - i gotta pack." - Slaag Master
"As for Flock of Seagulls, everytime that song comes up on my ipod, I turn it up- way up." - goldenboy
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07-01-2020, 10:53 AM #9389
I sell now and sit till at least fall unless opportunity knocks. I could be wrong but 10% higher doesn't change my ethos. If the economy does return and long rates go higher or if it doesn't then 5 million homes come off forbearance. Where I'm looking the nice well located homes go in one day but not so perfect homes are normal market. I wanted to build but most of the places I'm looking it's too much. The only place that is easy and cheap to build where I looked is Tucson Az. but it's down my list.
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07-01-2020, 11:17 AM #9390
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07-01-2020, 11:23 AM #9391
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07-01-2020, 11:43 AM #9392
It all comes down to the same old same old. Supply and demand. And there are plenty of boomers with means that are plunking down big bucks and not thinking twice about it.
Sure, there are the non-salaried types that struggle in mtn or beach towns to make ends meet. That isn't going to change. Probably only get worse.
Life moves pretty fast...
https://www.youtube.com/watch?v=vsYBtfQ3QDo"We don't beat the reaper by living longer, we beat the reaper by living well and living fully." - Randy Pausch
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07-01-2020, 11:59 AM #9393
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07-01-2020, 12:43 PM #9394
No kidding. I get slammed at the "office" and come to check things out and the RE Thread has blown up.
"We don't beat the reaper by living longer, we beat the reaper by living well and living fully." - Randy Pausch
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07-01-2020, 12:50 PM #9395
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07-01-2020, 12:59 PM #9396
Certainly a lot more recreational activities out the door in both Libby and Dillon compared to Great Falls but man, there is not going on in those towns in terms of food/drink and other indoor entertainment. Also, if your politics is anywhere center or left-of-center you might have a hard time. Hard to think of two more different towns that are both in the mountains in MT. Libby is practically rainforest and Dillon is more-or-less high desert.
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07-01-2020, 02:21 PM #9397retired ed
- Join Date
- Feb 2014
- Posts
- 2,480
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07-01-2020, 02:40 PM #9398
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07-01-2020, 02:58 PM #9399
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07-01-2020, 03:06 PM #9400
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