High house prices in Wyoming town highlights tense divide between newcomers, longtime residents

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CBS Mornings

CBS Mornings

22 күн бұрын

For most people, real estate in Jackson Hole, Wyoming, is unaffordable. The county's median income is $108,000 per year. However, the average listing price for a single-family home is more than $7 million.
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Пікірлер: 345
@dannyrodriguez9465
@dannyrodriguez9465 20 күн бұрын
All the local workforce that keep these places running need to just straight up abandon places like this, Telluride and Breckenridge. Leave the Richies stranded on their own in their multi-million dollar cabins, unable to sustain anything because they're too good to actually work, and then watch the home values plummet as people start to leave because they have no one to run their ski lifts, respond to their emergencies, or cook them meals.
@nomaderic
@nomaderic 20 күн бұрын
That's what I be telling ppl that work in Colorado ski towns. Instead of sleeping in your car just to work there, if yall all just stopped, drastic changes would need to be made.
@jillmattioli9640
@jillmattioli9640 19 күн бұрын
It's already starting to happen in Telluride. Personally, I can't work any harder...it's just too expensive anymore (been here since 90).
@CMCraftsman
@CMCraftsman 19 күн бұрын
The truly desperate will stay working there, undercutting in any way they can, sleeping in their car to have steady work and be in demand in a race to the bottom.
@ziwer1
@ziwer1 19 күн бұрын
@@nomaderic They'll simply import more Mexicans for $2/hr, then what?
@yesimemoin0935
@yesimemoin0935 16 күн бұрын
The problem is that these places are vacation homes for people who live elsewhere 40+ weeks of the year. The demand for labor isn't strong enough for individual workers or towns to have much leverage. The billionaires can write off their homes and move on.
@AthenaSaints
@AthenaSaints 19 күн бұрын
2:22 wow, it only took them 3 weeks to fix route 22. Considering the foundation collapsed, normally it take several months. I guess these rich people cannot live without their cooks, construction workers, maids and fire fighters.
@doubles1545
@doubles1545 18 күн бұрын
I saw a different news story featuring a local politician who believed it was repaired unsafely. It may collapse again soon.
@Hunter96187
@Hunter96187 13 күн бұрын
Yeah that’s insane lmao
@chizorama
@chizorama 9 күн бұрын
It's amazing what money can influence...
@maverickescalante5663
@maverickescalante5663 20 күн бұрын
Welcome to America. This is happening everywhere, not just Jackson Hole.
@bonquiqui874
@bonquiqui874 17 күн бұрын
The fact that they acted so shock. Especially when first responders don’t even make a living wage in most major cities
@timothyyhtomit
@timothyyhtomit 9 күн бұрын
@@bonquiqui874 7.4 million is not like the rest of america.
@wasatchm
@wasatchm 20 сағат бұрын
7.4 million. insane. does it even cost that much to live in the hamptons?
@brandonb23
@brandonb23 20 күн бұрын
This has been happening for decades in ski towns in Colorado. I think the average price for a home Aspen is around $15 million now.
@adrianmiramontesphotograph3022
@adrianmiramontesphotograph3022 19 күн бұрын
Don't forget about the extreme NIMBY's. Vail ski resorts wanted to build affordable housing for their employees but got struck down by the town. The reason was being in bighorn sheep territory despite being next to I-70 & housing being built on said territory.
@chizorama
@chizorama 9 күн бұрын
Hunter S Thompson warned & rallied against that happening in the 70's. Now we see the result &, unfortunately, trend...
@wasatchm
@wasatchm 20 сағат бұрын
I heard steamboat springs businesses are wanting to build apartments for their workers.
@jennifershanks453
@jennifershanks453 21 күн бұрын
We are in late stage capitalism. The rich are too rich. Our infrastructure is falling apart, and most people are too poor to own a home in the Vacinity of their work.
@Iris-hx6ox
@Iris-hx6ox 20 күн бұрын
This isn't capitalism. It's a corporate welfare state that your tax payer money is funding, while at the same time taking over your government, raising the ladder so that people like you and me can't succeed, refusing to pay a fair wage, and taking everything.....they are now after the real estate that will turn this country into a company town. Not1hing about this is true Capitalism.
@Sarcastic_Asmodeus
@Sarcastic_Asmodeus 20 күн бұрын
And people in Wyoming will keep voting for more power for the rich.
@lokesh303101
@lokesh303101 20 күн бұрын
Blame the Government for being inactive on delays in Infrastructure Upheavals. Light Rail Metros are the Best for Working Population.
@JAGJAG1265
@JAGJAG1265 20 күн бұрын
@@lokesh303101 yeah go put an application so you can start building a metro rail from Jackson to Victor Idaho and see how much that takes and how much will cost, very good suggestion
@nomaderic
@nomaderic 19 күн бұрын
@Sarcastic_Asmodeus it doesn't really matter. Republican or Democrat the outcome of capitalism is still the same. The rich get richer and the poor get poorer. That's the way it always will be
@plz1277
@plz1277 20 күн бұрын
The ENTIRE state of Hawaii: “Hold my beer!”
@BufordDuckworth
@BufordDuckworth 21 күн бұрын
*Corporations should not be allowed to buy residential property. *Nobody should be allowed to own a home they don't live in.
@felipenunez2058
@felipenunez2058 20 күн бұрын
I agree on the corporations part but not personal homes.
@lokesh303101
@lokesh303101 20 күн бұрын
Taxes would Work Bro! Don't be so Angered.
@TdT2211
@TdT2211 20 күн бұрын
I can be a corporation. You can be one too. Just fill out the paperwork. My point? Corporations are people just like you and I. Except they couldn't care less about us or our basic needs.
@BufordDuckworth
@BufordDuckworth 19 күн бұрын
@@felipenunez2058 Sounds like what a freeloader would say. The type of person who doesn't work for a living and instead lives off the labor of their tenants.
@felipenunez2058
@felipenunez2058 19 күн бұрын
@@BufordDuckworth freeloader no sir I own a home in Tennessee and cancun mexico. About to own a home in los angeles as my parents are leaving it to me and moving to my home in mexico. I pay into taxes my boy. One can own multiple homes if they buy them I can choose to rent them out or abnb them but to much hassle so I rather not. My wife and I make good money in our 9 to 5 job with 6 weeks vacation. In florida in mexico in los angeles which ever place we feel like going every 2 months.
@radoflyr
@radoflyr 21 күн бұрын
I was born and raised in the SF Bay Area but I had to move 65 miles east to buy a home that I could afford. However, the wages in the valley were no where near what I could get in the Bay Area. I commuted 130 miles round trip, 5 days a week for 25 yrs. So even though the pay was better in the BA, I still couldn't afford to live there. Needles to say the commute took it's toll on my body. I now have back, neck and leg issues that I deal with every day and I see a physical therapist on a regular basis.
@hrysivjt67
@hrysivjt67 14 күн бұрын
The U.S. desperately needs housing policy changes to restrict home ownership to people who are actually living there.
@bribengal1968
@bribengal1968 21 күн бұрын
If I worked at the Lamborghini plant, I couldn't buy a car I made. Now, I hear the same about pickup trucks.
@Batis_Patikilye
@Batis_Patikilye 20 күн бұрын
Shame
@justmee9441
@justmee9441 19 күн бұрын
And airplanes. And Semi Trucks. And houses.
@GloryFit
@GloryFit 7 күн бұрын
@@justmee9441and food
@Runnifier
@Runnifier 19 күн бұрын
I worked in Vail which has a similar situation. Ski towns are growing a sickening vibe of disconnected royalty and desperate peasants.
@eksbocks9438
@eksbocks9438 17 күн бұрын
"disconnected royalty" Pretty good way to describe it.
@Jesuslordmyking
@Jesuslordmyking 7 күн бұрын
Vail and Aspen are loaded with all kinds of rich people. I didn’t understand why it was so expensive until I visited the area my first time. I saw some Saudi prince with an entourage when I pulled up and I was probably the only guy there with a Nissan 😂 the Motel not hotel 30 minutes outside of Aspen was $300 a night 😳 it’s unfortunate that the average person can’t afford to visit and spend much time at these beautiful places around the world.
@naomichannon4456
@naomichannon4456 20 күн бұрын
It's called greed, hard to blame the seller if the buyer is willing to pay that. Jackson is the new Aspen and the WY natives will move away just as they did in Colorado. Very sad in some ways but we allow it .
@zanebea3437
@zanebea3437 21 күн бұрын
Lol any person who owns more turn 10 homes needs to be questioned. Eat the rich.
@alexlopez5800
@alexlopez5800 20 күн бұрын
More like 3 houses
@lokesh303101
@lokesh303101 20 күн бұрын
Means to say Increase the Property Taxes.
@nomaderic
@nomaderic 19 күн бұрын
@@zanebea3437 more than 1. Nobody needs more than 1 house
@afrank1416
@afrank1416 21 күн бұрын
Oh, well. Other communities have been going through gentrification too. Now they see the unfairness that is the USA.
@janofb
@janofb 21 күн бұрын
What's unfair about it? The value of your home is increasing.
@Iris-hx6ox
@Iris-hx6ox 20 күн бұрын
@@janofb And so are the tax bills that make it virtually unaffordable for the average person. That along with the cost of living increasing without wage growth to match it. That is unfair. The US is experiencing the gilded age on steroids.
@janofb
@janofb 20 күн бұрын
@@Iris-hx6ox That's a lot of generalization. For example, in CA, the people saw the tax hikes for property causing people with fixed income to lose their homes to property taxes and passed Prop 13. Why didn't the folks in Wyoming do that? Cost of living is going up the same everywhere, so using that as an excuse that it makes it difficult to live in Jackson Hole is BS. And if the locals aren't charging more to the rich folks moving in to gain wage growth, well, who's fault is that? You're not actually competing with new comers for jobs are you? You seem to think this is all somehow "unfair". Like Henry Ford being "unfair" to all the horse shoers. Here's a tip your parents should have told you: The world isn't fair. YOU get out of it what YOU put into it. Staying stagnant on your skills and thinking the rest of the world won't surpass you because that wouldn't be "fair" is pathetic. What do you think people in the slums of Bengal think of your lifestyle? Why don't you put your money where your mouth is and stop being so "unfair" to them by giving them half of what you have? Oh, that would require you to, you know, be "fair"
@staceys1870
@staceys1870 20 күн бұрын
@@janofb Omg, this is beautiful!!!
@colleenpeck6347
@colleenpeck6347 20 күн бұрын
If you're its you primary homestead, your property taxes can only go up a certain amount per year. It's 5% in Orlando. My $800,000 home has been paid off since 2004. I paid $3,500 in property taxes ladt year. But, I also get a deduction for being a widow since 2004.
@user-id2mh7cm3i
@user-id2mh7cm3i 19 күн бұрын
Wow I was just there during the 4th of July weekend. Off the cuff, I noticed people who pretended to be cowboys and saw through their bs. Obviously I am not from there, but these spoiled brats stick out like a sore thumb!
@WranglermanLevi
@WranglermanLevi 20 сағат бұрын
oh ya, its hilarious. Wyoming regular folk avoid Jackson where possible and the people watching there is prime.
@sunvegeta
@sunvegeta 20 күн бұрын
Blame your local politician! Cause they, more than likely, wanted and courted all these people with money to come and invest in Jackson Hole Wyoming, and forgot to protect their own constituents.
@lokesh303101
@lokesh303101 20 күн бұрын
Should have encouraged Apartment Rises! Fair Trade Practices by Local Business Community. Rents are Negotiable but not the Goods and Services where Politicians can't afford to help.
@thaynealexander
@thaynealexander 20 күн бұрын
Yeah that's true. Local politicians are the reason for their issues. Their short slightedness has made this happen.
@Chinunit22
@Chinunit22 19 күн бұрын
Wyoming is turning into unafordable Colorafonia.
@cmc5394oparva
@cmc5394oparva 3 күн бұрын
Just that part of Wyoming. Teton County is basically a colony of California and has been for a while.
@lauren6509
@lauren6509 21 күн бұрын
Yall complain about the same wealth inequality and yet are confused on how we got here. This capitalist system is unsustainable. Making 300k a year and not being able to afford a home is french revolution level anger.
@ReginaRedding
@ReginaRedding 19 күн бұрын
💯💥🎓🏆
@user-vx7vi3vq1c
@user-vx7vi3vq1c 15 күн бұрын
Lauren, move to a socialist country.
@MichelleNovalee
@MichelleNovalee 14 күн бұрын
Capitalism makes poor people get richer. Our poor people have houses full of stuff and iPhones, cars, etc. Poor people of other nations don’t have all this material wealth. Capitalism is great. If you want socialism move to Venezuela or China.
@user-vx7vi3vq1c
@user-vx7vi3vq1c 13 күн бұрын
@@MichelleNovalee That’s too much truth. Angry people who don’t like work will be offended.
@starventure
@starventure 13 күн бұрын
@@MichelleNovalee If someone is earning $300k/yr and cannot afford a house in a community, something has gone horribly wrong with the system. $300k/yr is part of the top 2%...if the 2% cannot live there, we are in big trouble.
@jasoncarlow4516
@jasoncarlow4516 21 күн бұрын
Isn’t that the capitalist dream though
@TdT2211
@TdT2211 20 күн бұрын
The capitalist sure are enjoying it. So it seems.
@kevinmcconnell3641
@kevinmcconnell3641 21 күн бұрын
Soon all the businesses in that town will close, and the people that can’t afford to live there will be delivering the goods and services, at a hopefully elevated cost!!
@RoseanneSeason2
@RoseanneSeason2 13 күн бұрын
They will build huge dorms outside of town for the workers.
@ccm4633
@ccm4633 14 күн бұрын
Sad to see, even long time locals can’t afford to live there. It used to be such a cute small town
@WrongedSports
@WrongedSports 20 күн бұрын
Yes the bottom 90% always is forced to work for the betterment of the top 1%
@duncanbleak3819
@duncanbleak3819 21 күн бұрын
This is what plutocracy looks like. We keep voting for it, so we keep getting it... Enjoy!
@jeffspicoli2643
@jeffspicoli2643 18 күн бұрын
The people get the government they deserve
@SurpriseMeJT
@SurpriseMeJT 10 күн бұрын
In the US, it does not matter who you vote for.
@jenkomaromi7771
@jenkomaromi7771 20 күн бұрын
Was just in Jackson, I didn't get why the rich even want to go there. Yes, the tetons are beautiful. The town wasn't great at all.
@kathleen2080
@kathleen2080 19 күн бұрын
@jenkomaro world class skiing, hiking, backpacking, fishing, hunting are some top reasons why many want to live in Jackson. The scenery is gorgeous. It never gets old to see bison, elk, grizzly bears, moose and bald eagles.
@jillmattioli9640
@jillmattioli9640 19 күн бұрын
Jackson has always been kind of lame, the Tetons are amazing, however.
@nameblocked
@nameblocked 16 күн бұрын
TAXES‼️‼️‼️
@silkscreenart5515
@silkscreenart5515 5 күн бұрын
The Rich move there to get away from all the A-holes. I would too if I could afford it.
@WranglermanLevi
@WranglermanLevi 20 сағат бұрын
No state income tax, so if you own a home there and have a very high income or corporation it starts to make much more sense. Vacation home/tax strategy. I mean, that's how Liz Cheney did it anyways. 🤣 Jackson surrounding area is beautiful but as a Wyoming resident, I agree, Jackson itself is pretty meh.
@notyoaveragesouthernmama5734
@notyoaveragesouthernmama5734 14 күн бұрын
We are experiencing this in Park City, Utah (and ski towns like Alta) too! NIMBYs, Vail Corporation monopolizing everything here, corporations buying homes, price gouging, unhinged real estate speculation, strict zoning etc.
@janofb
@janofb 21 күн бұрын
It happens to everyone. When we retired we were in the top 5% of income earners just from our retirement. Now, 15 years later, we're the poor people on the block. At some point we're going to have to sell and move someplace cheaper. The good news is our house is worth 3 times what we paid for it. The bad news is all the downsized homes in the area are just about as expensive so we haven't moved yet.
@lokesh303101
@lokesh303101 20 күн бұрын
Get with the Rural Counties!
@TdT2211
@TdT2211 20 күн бұрын
Your house is worth 3x more but cost 4x more to move. So value lost right?
@hectorfarm9416
@hectorfarm9416 18 күн бұрын
The same thing is happening to Minnesota lake property.
@grantsmith3514
@grantsmith3514 14 күн бұрын
This area has been crazy expensive for the last 40 years. This isn't a new thing. Any area near a ski resort(s) has become expensive.
@richmarcus161
@richmarcus161 21 күн бұрын
Damn I thought that was just happening to us black ppl
@patrickd8770
@patrickd8770 21 күн бұрын
Yup, it’s not a Black / White thing it’s a poverty thing. Rupaul ironically bought tens of thousands of acres on the other side of Teton and displaced a lot ranchers.
@TdT2211
@TdT2211 20 күн бұрын
Nope and she said super gentrification. At least in the city we have a chance. But not in the country apparently.
@ReginaRedding
@ReginaRedding 19 күн бұрын
Strategically planned funneling.
@jer1776
@jer1776 19 күн бұрын
White or black, were all at the bottom of the ladder.
@mitskishitski
@mitskishitski 8 күн бұрын
Property tax shouldn’t exist
@parecementira100
@parecementira100 21 күн бұрын
This is what is happening world wide. Capital in creating wealth, but not value. Most cities in Portugal are facing the same problem. Greed is destroying societies. when is this going to end?
@lokesh303101
@lokesh303101 20 күн бұрын
This is gonna end when you got to start to have Fair Tax Codes.
@jonathantatum8437
@jonathantatum8437 11 күн бұрын
@@lokesh303101 In the United States, the top 1% of income earners earn 26% of all the income and already pay 46% of the total income tax collected. How much higher should it be? And property taxes, well, those are a tax on wealth, right? Aren't we all in favor of weath taxes?
@lokesh303101
@lokesh303101 11 күн бұрын
@@jonathantatum8437 Thank Bro! Wealth Taxes are in Liquidity, Tangible Asset Taxes are of Hardcash in Nature, Intangible!
@yesi6058
@yesi6058 19 күн бұрын
This is why we need to tax the rich!
@carolr7823
@carolr7823 17 күн бұрын
We do tax the rich. The lower half of the people in the U.S. pay no taxes and demand and receive lots of services.
@Hat65
@Hat65 17 күн бұрын
You don’t even pay taxes. Take a seat.
@naomichannon4456
@naomichannon4456 16 күн бұрын
@@yesi6058 do your homework, the rich are being taxed and then they spread the cost to ignorant people like you if your buying. You probably have an EBT card. Top 1% pays 45.88 of all income taxes - meaning top 1% accounts for more income taxes paid than the bottom 90% combined . 2024 data from the government accounting office - IRS first quarter data
@anniematsumoto-grah6644
@anniematsumoto-grah6644 16 күн бұрын
​@@carolr7823We don't tax them enough!! Most hide their money and have a whole fleet of tax attorneys helping them figure out ways to NOT pay taxes. Stop blaming those with little to no money and focus on where the $$$$ and power lies!!
@user-vx7vi3vq1c
@user-vx7vi3vq1c 15 күн бұрын
@@Hat65The top 1% pays 64% of all taxes. I know, that F’s up your narrative.
@JamesAllmond
@JamesAllmond 21 күн бұрын
Well, now you all know how the residents your ancestors ran off felt. Deal with it. Hawaii and every beach town is the same way, every ski resort and starting to be every area with any tourist draw. Called greed. Oh, had to add, the bubble will burst, it will stop being trendy and some really nice houses will go cheap! Ask anyone who bought a $500,000 home north of Atlanta that is now worth $200K... This is happeneing everywhere. Good luck.
@TdT2211
@TdT2211 20 күн бұрын
There are other enclaves like this. Back in 2011ish I was in telluride, colorado. It was very unaffordable already. It is probably out of this world now.
@herrprepper2070
@herrprepper2070 19 күн бұрын
Jackson isn’t Wyoming… hasn’t been for years.
@Clayann-vv2uu
@Clayann-vv2uu 21 күн бұрын
They'll shop on Amazon
@lokesh303101
@lokesh303101 20 күн бұрын
Local Business Community can take the advantage of unique Local Made Goods to Promote Local Economy where the Delivery Sector like Amazon Lacks.
@oaka7616
@oaka7616 18 күн бұрын
$7.4m for a place in Wyoming? LMAO
@MichelleNovalee
@MichelleNovalee 14 күн бұрын
Is that a shock? 7.4 million for most places in Cali. At least Wyoming isn’t overrun with homeless.
@WranglermanLevi
@WranglermanLevi 20 сағат бұрын
Have you ever been there? www.zillow.com/homedetails/3395-Tucker-Ranch-Rd-Wilson-WY-83014/104702287_zpid/
@WranglermanLevi
@WranglermanLevi 20 сағат бұрын
www.zillow.com/homedetails/520-S-Indian-Springs-Dr-Jackson-WY-83001/194368447_zpid/
@WranglermanLevi
@WranglermanLevi 20 сағат бұрын
www.zillow.com/homedetails/65-W-Avalanche-Canyon-Dr-Jackson-WY-83001/104705770_zpid/
@lisad6705
@lisad6705 16 күн бұрын
If you dont live there 75% of the time you shouldn't be able to buy it
@Penny-mk7fv
@Penny-mk7fv 20 күн бұрын
Showers a the aquatic recreation center are like $22 in Jackson 😂
@paulgilliland2992
@paulgilliland2992 15 күн бұрын
So many places this is happening across the country and around the world. My colleague used to work for Kajima Group in Tokyo and his commute was 90mins each way on 3’trains and 1 bus and apparently that’s the norm.
@erinc9672
@erinc9672 18 күн бұрын
Why don’t the workers demand higher wages?
@rogerpenn226
@rogerpenn226 16 күн бұрын
Try living in any resort area in Colorado, it’s the same way. I work retail as a manager and I can barely pay for rent. My rent is more than most people’s mortgage.
@SergioRPerez
@SergioRPerez 19 күн бұрын
After watching what happened in Barcelona some days ago. This also happens in the US.
@williwilliams5238
@williwilliams5238 14 күн бұрын
This story is as old as time. It’s the plot of the movie “Out Cold”.
@brianvanwagner4802
@brianvanwagner4802 18 күн бұрын
So reality has finally come to Wyoming.
@WranglermanLevi
@WranglermanLevi 20 сағат бұрын
It's been this way in Jackson since the 80's, nothing really news breaking about this.
@kgunter1955
@kgunter1955 14 күн бұрын
I used to live near Telleride CO. Same thing happened there. Old mining town, long time residents had to move! I drove 1 hour up the mountain to work there!!
@RoseanneSeason2
@RoseanneSeason2 13 күн бұрын
Montrose?
@LAFITZ10
@LAFITZ10 21 күн бұрын
WEALTH SUCKS - they reap what they sow in their own FOLLY
@jjpoulsen01
@jjpoulsen01 20 күн бұрын
Jackson Hole, WY is the new Park City, UT. This is what happened to Park City, it’s not the same place it was 20-30 years ago.
@dixonbuttes6564
@dixonbuttes6564 19 күн бұрын
Exactly. I bet you can list where all of the people who forced the change came from, too … there’s a pattern there. It’s a social and ethical disease. 🦠
@WranglermanLevi
@WranglermanLevi 20 сағат бұрын
This isn't new, Jackson has been this way for 40+ years. You just didn't hear about it as much as Aspen or Park City. Park City is for peasants, full of condos. Jackson Hole has better skiing, way better mountains and what used to be a Cowboy culture that is mostly fading away now as the billionaires are edging out the millionaires.
@aggy8640
@aggy8640 18 күн бұрын
Same situation here in Santa Fe, NM.
@RoseanneSeason2
@RoseanneSeason2 13 күн бұрын
Hasn't Santa Fe always been like that tho?
@WranglermanLevi
@WranglermanLevi 20 сағат бұрын
@@RoseanneSeason2 Jackson has too, for at least 40+ years. This is nothing new.
@kevinsouser1457
@kevinsouser1457 17 күн бұрын
Driggs is even quite expensive too live
@hefnhef1
@hefnhef1 19 күн бұрын
Yeah, like many have already said - welcome to America! This is happening EVERYWHERE! I make a six figure salary, but live with relatives because I can't afford a house and don't want to throw away $3000 a month for rent. Living the dream in the good ol' USA baby!
@larryborn1082
@larryborn1082 2 күн бұрын
When I retired from the Army I was offered a civilian job at a "Career" level (GS11) with the USFS in Jackson Hole and they were up front in the interview that the job (even with my military pension and VA comp) would NEVER be enough to live anywhere remotely close to where I would be working. It hurt to turn down what would have been a dream job for such grotesque gluttony.
@ldakotatransplant6485
@ldakotatransplant6485 14 күн бұрын
Silly me for even thinking this could POSSIBLY happen, but what if, just what if, all those service workers decided to say F it!, leave town and tell the billionaires to wait and buss their own tables, cook their own food, teach their own kids, fight their own fires and police theirselves, oh what if…..
@ldakotatransplant6485
@ldakotatransplant6485 14 күн бұрын
Answering my own question here; They would do like they do in other seasonal/resort towns, Custer SD for instance, bus in seasonal immigrants, house them in a local hotel, then bus them out at the end of the season to go work somewhere else. Now you know why elites need open borders.
@FUNNYBUNNI1
@FUNNYBUNNI1 16 күн бұрын
Wyoming??? What’s in that state? This is crazy
@tp5561
@tp5561 14 күн бұрын
Vacation homes for the worlds Uber rich
@WranglermanLevi
@WranglermanLevi 20 сағат бұрын
You've clearly never been, lol.
@rageoid
@rageoid 14 күн бұрын
Been happening in ski country for a good while now, accelerated during pandemic. Twist of irony when there will be no servants left to wait on and serve the super elite
@robertm.6583
@robertm.6583 19 күн бұрын
Same situation for the entire island of Manhattan along with all the surrounding areas.
@WhiteArrow76
@WhiteArrow76 4 күн бұрын
Last year one member of the town council voted against an affordable housing project because he felt it would bring too many changes
@michaellavalle-sv7tp
@michaellavalle-sv7tp Күн бұрын
Grew up in MA this is the exact same thing that happens to lots of towns.
@Me97202
@Me97202 20 күн бұрын
This is happening in all of the good places.
@huntstyle
@huntstyle 4 күн бұрын
Victor & Driggs, ID are getting up there in price, too. Won't be long before that area is also too expensive. Even to visit is expensive. Hotels in Jackson are outrageous, and even the cheapest I was able to find in Victor is $800 for 3 nights (just a basic hotel, nothing even remotely fancy). If my buddy wasn't flying up from AZ to join me, I'd be sleeping in my car... like a lot of those service workers do full-time.
@huntsimple9527
@huntsimple9527 9 күн бұрын
It is unsustainable. Thankfully many younger workers are awakening to this and walking away from garbage jobs with low pay.
@richardwildlife88-wj6kl
@richardwildlife88-wj6kl 4 күн бұрын
I really wanted to move to Wyoming, in-fact, I was planning on moving there in 2018. I applied for a job transfer, and even an apartment... but, for whatever reason my gut was telling me NO. I had just left Florida in 2016 right at the beginning of the turmoil there, and I was trusting my instincts. I'm so glad that I didn't move. Back then the apartment I wanted was $700 per month for rent, yesterday I checked the same place out online and its now $2,500 per month.
@oaklanddba
@oaklanddba 20 күн бұрын
Watch the 2013 movie Elysium and you'll understand it all.....
@jeffreyscott4564
@jeffreyscott4564 9 күн бұрын
The same thing happened in Aspen 20 years ago, Now it's happening in most of Colorado My advice, if you're a skilled laborer, demand more money for the talent you possess. If you really want to stay in these kingdoms of the wealthy
@Raisingyourbloodpressure
@Raisingyourbloodpressure 10 күн бұрын
Well the firefighters and emts should stop servicing the rich peoples houses then.
@NeoTradCMFan
@NeoTradCMFan 21 күн бұрын
That's not the only place too that's like that
@TdT2211
@TdT2211 20 күн бұрын
Like 4 places like that in Colorado alone. I think this makes 3 in Wyoming.
@ReginaRedding
@ReginaRedding 19 күн бұрын
It's happening everywhere. Strategically planned funneling. Getting the masses to move themselves into designed areas of affordable housing.
@dondenis1500
@dondenis1500 15 күн бұрын
It has been tike this in Aspen for years.
@patrickyeager7994
@patrickyeager7994 12 күн бұрын
I will never be able to buy a home with this crap. Donald please help us.
@and2244rew
@and2244rew 13 күн бұрын
We need housing reform in the worst way. I bet the occupancy rate in those $7M houses is super low.
@TheCOWBOYRANCHER
@TheCOWBOYRANCHER 6 күн бұрын
Regulations and restrictions on who and what owns the properties. A bunch of foreign investors purchasing land to rent. That should be illegal.
@marywinn8953
@marywinn8953 20 күн бұрын
I live 45 miles away from Jackson. I never go there.
@JAGJAG1265
@JAGJAG1265 20 күн бұрын
@@marywinn8953 I've seen you in Jackson many times I've seen you in Bondurant I see you and Hobback Junction I'll see you in Driggs I'll see you in Dubois
@nomaderic
@nomaderic 20 күн бұрын
I'm a nomad and I travel around the country hiking, going to national parks, etc. I still have yet to go to Jackson. I see no point in going there unless you are a millionaire
@JAGJAG1265
@JAGJAG1265 20 күн бұрын
You are saying that you will not go to Jackson unless I am a millionaire?
@ziwer1
@ziwer1 19 күн бұрын
too poor?
@nomaderic
@nomaderic 19 күн бұрын
@ziwer1 ill say it. I'm too poor. Most of America is as well so I aint tripping
@shep5556
@shep5556 10 күн бұрын
I visited Jackson Hole in April and found it to be a congested dirty old looking place that would be tough to live in. I don't get it. Hotels shops and restraunts seemed priced ok but it was claustropbobic. I would say if the rich want the place then by all means let them have it.
@WranglermanLevi
@WranglermanLevi 20 сағат бұрын
It used to be a quant old cowboy town with fun shops and a rustic spot near yellowstone and grand teton NP's to stay. You are right, the town itself isn't that amazing to someone from out of state. Its sort of the juxtaposition of old west, harsh winters and out of state money.. When you hear its wealthy, that doesn't mean like LA wealthy with fancy shopping and lambos, its more like the Colorado type of wealthy. Big log houses, raw land and Land Rover Defender type of money.
@eddieg6436
@eddieg6436 20 күн бұрын
What’s the next story…..”I can’t buy a home in Beverly Hills for a $ million?!” Guess what, Beverly Hills is EXPENSIVE!!!
@lokesh303101
@lokesh303101 20 күн бұрын
Yes Bro! If not Expensive then whole of the Earth 🌎🌍🌏 lives in Beverly Hills.
@CMCraftsman
@CMCraftsman 19 күн бұрын
Vermont is heading that direction
@jer1776
@jer1776 19 күн бұрын
All of New England is. If you dont have a 6 figure job in NY or Boston, good luck..
@jamesroof6150
@jamesroof6150 9 күн бұрын
75% if Americans are paycheck to paycheck and one financial setback from being homeless. More and more Americans can't afford to live in their own country anymore. We need a new "New Deal"
@weston.weston
@weston.weston 13 күн бұрын
Excellent segment!
@Mike-vu9xf
@Mike-vu9xf 4 күн бұрын
There is a parcel of land on Spring Gulch Road, just north of the Albertsons, This would be a perfect spot for employee housing .
@WranglermanLevi
@WranglermanLevi 20 сағат бұрын
The one that is for sale for 40 Million?
@Its_the_Whole_Everything
@Its_the_Whole_Everything 20 күн бұрын
The rich pay the same percentage of tax as myself? They can obviously afford to pay a higher tax --- but nooooo. Politicians continue to protect them and these ppl complaining (although valid) continue to vote for the politicians that do nothing to help.
@lokesh303101
@lokesh303101 20 күн бұрын
At the end, Politicians work for themselves.
@Jameskonigchr
@Jameskonigchr 20 күн бұрын
Have you researched IRS statistics?
@dixonbuttes6564
@dixonbuttes6564 19 күн бұрын
Rules are made for those who don’t understand that rules are just as faulty as those who made them. All rules are made entirely for those who only know to follow them. The rich know that, and they pay handsomely to work around those rules. Most of the richest register very little personal income, so pay very little in taxes. 🧠👈
@clifprice9278
@clifprice9278 13 күн бұрын
I live in the roaring fork valley (Aspen) and I recently bought a camper van to live in full time because it’s too expensive to live here. I make a very good income but the housing market here is completely out of control.
@jonwebb5395
@jonwebb5395 9 күн бұрын
This and every other special on the topic describes Driggs, Victor and Tetonia on the other side of the mountain as the towns where people who are not rich are forced to move to. What they fail to mention is that an average home in one of the towns on the other side of the mountain is about $1.5 million dollars and many of those require HOAs on top of the sticker price. The middle class who live there now were forced out of Jackson about a decade ago. Presently, middle class people can not even afford those towns and are now being forced to move to Idaho Falls and commute to Jackson. Idaho Falls is almost 3 hours away and is a very dangerous road in the winter time.
@lenordyounadam
@lenordyounadam 2 күн бұрын
While this is certainly terrible for the folks who are working to make a living, this also isn't unique to Jackson. There are more than a few beach destinations along the California coast that see the working class commuting quite a long distance for the same reasons.
@carolr7823
@carolr7823 17 күн бұрын
The problem is that too many people want to live in on a small piece of land.
@Toffymustang
@Toffymustang 12 күн бұрын
Lots of places are like that, there are other places that are more affordable. It’s like wondering why Beverly Hills is so expensive. Free market.
@JohnCash001
@JohnCash001 13 күн бұрын
Its crazy in America how many wealthy people come and drive the prices up.. it feels like everywhere.. The never-ending supply of wealth people buying up properties and making areas exclusive.. Anywhere worth living in the U.S. is like that.. By wealth I mean 6,7, 10 million plus networth; but in some of these places the billionaires come in a drive the millionaires out! Its nuts.. as a "poor" single-digit millionaire I am moving abroad..
@yokoyoko2099
@yokoyoko2099 21 күн бұрын
Then who live on this side of the town?
@Blacktopcowboy
@Blacktopcowboy 10 күн бұрын
When 100k is considered poverty. Wow
@Atitlan1222
@Atitlan1222 13 күн бұрын
This is just a preview. People that rich just don't care or are just completely disconnected. If they do somehow understand, they say justify it by saying they're employing people with new home construction or buying a coffee at Starbucks. They people that are complaining should move on. There's no fairness, empathy and ost of all sense of community in a bottom line economy/culture.
@douglasfapp9816
@douglasfapp9816 8 күн бұрын
It's corporations that are buying up houses, also rich china. Pepple beach in Carmel is a example.
@robpfrogner2721
@robpfrogner2721 10 күн бұрын
The general workforce will exit the community, which is what’s needed.
@johnalver
@johnalver 20 күн бұрын
I bet they can't even stand being in the same room with each other, let alone go to church where everybody's so sanctimonious hahaha! Fools
@juanzuniga7616
@juanzuniga7616 15 күн бұрын
It’s crazy when the answer is so simple
@jackfenton2271
@jackfenton2271 20 күн бұрын
Come visit Park City Utah next. Same thing here.
@IronLB-rv3jk
@IronLB-rv3jk 20 күн бұрын
Absolutely Reprehensible!!!
@johnalver
@johnalver 20 күн бұрын
1:06 why were they even be going to the same church right?
@alexlopez5800
@alexlopez5800 20 күн бұрын
Because the last two guys in office aold everyone out. Plain and simple and both political parties are to blame!
@justpippyj
@justpippyj 16 күн бұрын
Well when the workforce leaves....so do the people🤔
@Sarcastic_Asmodeus
@Sarcastic_Asmodeus 20 күн бұрын
Yeah, but Republicans promised that wealth would eventually trickle down! Those darn freeloading conservatives! 😂
@lokesh303101
@lokesh303101 20 күн бұрын
Republicans work for the Rich!
@edmund6392
@edmund6392 Күн бұрын
Change the tax benefits of living in WY and you will see a quick reversal.
@carriebradley7634
@carriebradley7634 16 күн бұрын
This is not the only place this is happening in the u.s....
@benjaminroof3721
@benjaminroof3721 5 күн бұрын
Pretty much all of Utah is getting this way.
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