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Thread: Real Estate Crash thread
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09-13-2019, 12:37 PM #7576
Yep.
And Microsoft was the villain for ruining everything then.
How long have you been here Glade? I can see how the climate might get you down coming from somewhere with radically different weather. I know I couldn't abide the desert or mid west winters and wouldn't try to.
And honestly life is too short to live somewhere you really don't like.
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09-13-2019, 12:47 PM #7577
Real Estate Crash thread
It’s a big metro city- always gonna have traffic. Add in the water lock preventing you from turning it into a Phoenix street grid for example. All true. But the traffic has really jumped the last bit. Like a lot. We were the most (or one of) influx states for a couple years.
I stayed in Denver driving thru a month ago. Drove the am commute from S Denver -> north I25 to Wyoming and it’s a noticeably more quick moving flow.
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09-13-2019, 12:47 PM #7578
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09-13-2019, 12:49 PM #7579
And Boeing before that, and commercial fishing before that, and gold fever before that, and of course those fuckheads Lewis & Clark who made it “cool” for people to head west. Fuck those fuckers!
And Don’t get me started on the First Nation people.
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09-13-2019, 12:54 PM #7580Banned
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Eh, I do enjoy getting hyperbolic when I bitch and moan on here. After all, that's part of the fun of the place. Sometimes ya have to blow off some steam.
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09-13-2019, 12:57 PM #7581
Related to potential tech crash
Can anybody tell me why Facebook needs 40,000 employees? They don’t even provide content..
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09-13-2019, 12:58 PM #7582Banned
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Let's take it back a step further: why does Facebook need to exist at all?
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09-13-2019, 01:02 PM #7583
I don’t like people bagging on my hometown but gotta say I do get a kick out of your thoughts / vocab
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09-13-2019, 01:12 PM #7584
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09-13-2019, 01:14 PM #7585Registered User
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09-13-2019, 01:16 PM #7586
Prime ski area real estate markets are supported by the entire planet, not the local millennials. Yea, appreciation may stagnate for a bit in an economic downturn, but everyone wants a piece. 08 saw a tiny dip and several years of very slow appreciation around CO highcountry. But the low-lands are going to continue to get hot and mountains are paradise.
Now, what about places that will cease to be viable ski areas due to climate change like the NE? Or places that will have less reliable and more marginal seasons like Tahoe? I would bet on CO mtn real estate over those places.
What did happen in 08 is new construction froze, remodels dried up, and all my contractor and construction buds who were buying everyone drinks were suddenly hard up. Actually, almost all of that group of friends and acquaintances either moved or switched their line of work over the following 2-3 years. Ironic that now that I have a place, I seem to know way less people who can work on it.
Hey Canada is talking about a 1% tax on foreign RE ownership eh.Originally Posted by blurred
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09-13-2019, 01:21 PM #7587
yeah, the earth revolves around Aspen and Davos. everyone on the planet doesn't want a piece of your mountain paradise; as climate change reduces the number of feeder regions where people learn to ski the pipeline of people interested in skiing will go down and skiing will decrease. CO might be best of what remains, that's different.
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09-13-2019, 01:22 PM #7588
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09-13-2019, 01:27 PM #7589
Aspen, Breck, Vail, Jackson, Whistler etc.
Yes feeder areas may shutter and the industry in the USA hard at work trying to price out the next generation. But prime areas may close in marginal climate zones shunting those tourists to high mountains of CO, UT, WY. RE appreciation seems sustainable for many decades.Originally Posted by blurred
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09-13-2019, 01:35 PM #7590Registered User
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Facebook needs 40k employees to gather and sell your information
One of you nerds needs to find data on car ownership
There are more cars today than ever car ownership is pretty cheap
Mtn real estate is the real deal how many true resort mtn towns are out there? Not many. Plenty of beach towns. People are buying into a lifestyle not just a condo. The lifestyle is driving the real estate
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09-13-2019, 01:38 PM #7591
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09-13-2019, 02:03 PM #7592Banned
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09-13-2019, 02:21 PM #7593
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09-13-2019, 02:59 PM #7594
the other DeVos’ have been trying to sell a disgusting white-house-ish residence on the river by my pops for a few years. i believe the listing has dropped 6-7M so far. feels good to see that. they’re mid external remodel right now and i hope they get absolutely fleeced here before their buddy exits the gold throne.
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09-13-2019, 03:06 PM #7595Funky But Chic
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I get the feeling that things are just bumpin along in our area. Nothing really happening. Occasionally a house sells and it's generally near the listing price, but they also usually spent some time on the market, way more than 90 days on average I'd bet.
I'd love to sell that house but I won't sell it for cheap and I don't want people traipsing through at random times forever.
So I may not sell that house for a while.
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09-13-2019, 03:36 PM #7596
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09-13-2019, 03:42 PM #7597
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09-13-2019, 03:43 PM #7598
Real Estate Crash thread
I’m trying to understand. Please enlighten us.
Your supporting argument is: my qualifying statements? Fail.
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09-13-2019, 04:16 PM #7599
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09-13-2019, 04:49 PM #7600
Real Estate Crash thread
It’s not like social media has jumped the shark or anything. And everyone trusts Facebook
Last edited by CascadeLuke; 09-13-2019 at 05:31 PM.
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