Existing housing for sale, yeah, largely. Highest bidder.

@@Rimrock300….Highest bidder, maybe is Private Equity Firms!?

@@jamesheuer5139 Could be anyone. but majority individual familes I guess, wanting to move to a smaller quieter area permanently, or for vacation

But let's not forget that the locals were very happy to sell their land to people from outside the community. Locals are not without blame. The local government could have enacted restrictions requiring that housing remain single family, and not short-term rentals, but locals "love freedom". Locals wanted that money, and they took it.

Black rock, vanguard & state Street investment companies are all said to be buying up as many single family homes as possible. Those companies all own each other. It's all about agenda 2050

Praying for your community!

@@user-qn7qg4vz5p THANK YOU.. we are praying too

The haves and the have nots. It's criminal what's happening. I have an air b n b opposite me and it's empty most of the time. I live in a nice area.

It breaks my heart, too, even though I live in Fl. The American Empire is toast.

@parriciaadvis8535 How many outsiders have moved into town, and has the city council and local elites been encouraging it? Take care and God bless, I will be praying for you guys.

It’s everywhere in the country. Everywhere.

I own two homes, one in a rural New England town and one outside of NYC. Both homes have doubled. Then again I payed 14 times as much for my first home as my parents did for their first home. Things have a way of working out.

@@outlaw25555KN saw this about Sedona, AZ kzfaq.info/get/bejne/p5egjbN72bbTfX0.html

I love that my house value has skyrocketed but that also means I can’t buy in my town if I sell my house. I hear houses in Guatemala are cheap…..

Same thing here in Libby

look at the UK, if you want to see the near future of this. In the UK, living standards in real incomes have fallen by about 10%. Metropolitan areas are dense enough to hang on, but rural areas, the economy approaches collapse. Government services have been in a spiral after ping-ponging between cuts and emergencies every few years. People are only going to move back if they have gainful work to do. This is the result of conservative economics: mass privation and transfer of wealth upward to the top 1-5%. Capital tends to concentrate, unless the state takes action to spread it around. Socialized economies are doing pretty well lately, compared with the privatized economies.

No, they will import workers from third world countries on seasonal visas like the do in expensive areas like Nantucket

​@@robertlinton5966New Hampshire too

Not enough rich people here to do that with all the small towns lol. A couple of cities in nature attractive areas adjacent to areas with rich people like Nevada for California or Montata for the North and Midwest.

Robots

All prices are up, also for lumber naturally. But the main issue here is rich outsiders moving in pressing up property prices, and in addition have no particualr interest in seeing the town expand (help pay for a new sewage and water system) as they have come there for peace and quiet. Happens many places.

@@Rimrock300in my Montana town of 500 people one family owns 8 airbnbs. Rentals are almost extinct.

The morale is the story: build infrastructure and change zoning regulations so people can build! We need housing!

@@iLLuzion1st rich people ruin everything

@@Rimrock300 Missoula county not allowing septic permits and thereby restricting housing for the last 20 years has a great deal more to do with it. Missoula county also has quite restrictive building codes even if you are outside the zone under restrictions.

It's playing out everywhere. Someone has to buy the expensive houses in California so those people that sell can move somewhere else.

High housing costs + available lumber should equal lots of new housing. There's something fishy going on with this city's zoning codes, and it's hurting small businesses like this one.

Scary part is it’s happening all over the country to towns just like this.

@@mariusfacktor3597 Yeah, there is always this attitude of; it's just the market forces, or blame hippies. But, this is exactly where government plays a part. Just as government originally built logging roads and infrastructure to help these mills thrive in the past.

when my uncle built their home in the late 50's early 60's he said he could go to the saw mill and buy a pickup load of 2x4's for $5

I agree! They own the lumber and get it cheaper than anyone in the US. It can cost much to build a small community for their workers

Did you miss the part about the sewer system? It’s not that simple… Also, last I checked only the framing and mill work of a house is made out of lumber.

@@AnontheGOAT majority of a house can be lumber. Septic systems are easy to install and cheap

@@abc123hshdhd8w NOT in Missoula County, they are steeped in regulation and red tape, permitting, and endless inspection.

I'm sorry civilization costs money to maintain, and you have to pay an extra $2000 in taxes a year on your $500,000 home..

@@JamesR1986depends what they were paying before the $2000 more was added on top. Besides schools we really don’t get much for our property taxes. At least the kids can get a good education. That’s the only thing that gets me to pay it.

@@JamesR1986 It's not that simple. Locals who've owned their home for over a decade are being squeezed financially. Those who are born and raised there are finding it harder to remain despite being part of a family that stretches back generations. What about ranches, what about businesses such as that presented in this video? Property tax increases don't affect the rich.

Agreed, the governor is a joke for raising everyones property taxes and then giving a little refund back then help them feel better. Hopefully voters remember this at the ballot box

Property taxes are levied by your county, not the State. So talking to Helena (where I live, and pay property taxes) does no good. We in Lewis & Clark County have voted down many measures that keep wanting to add to property taxes.

You are correct, I graduated high school in 1991 and rented an apartment pretty much right away, it was a large 1 bedroom with full size kitchen and living room for $500 a month, easily affordable for us while working on minimum wage. That very same apartment today is going for over $5000 a month due to gentrification. I wish your generation and my kid’s generation didn’t have things the way you do, when I was 18 no one was living in vans or tiny homes, apartment living was affordable and accessible. It was late 90s when things started to really change and gone from bad to worse over time, mostly due to gentrification

43% of the Condos in Downtown Toronto, Canada are empty. Short term rentals are the biggest problem in the housing market. You are right, it not people not wanting to work, it is people not having a viable, and affordable place to live. This is a global problem.

You can also blame reit and private equity firms for that. Most of the single family homes are bought with cash for investment now. How are first time homeowners suppose to compete. The govt should put in taxes to penalize folks who buy property without actually inhabiting the place for 6 months.

WEF

No house for the student loan bail out people 🎉no fair....believe bidenomics was free house for everyone especially illegals 🎉

2004 it wasnt that bad, specialy in places like this, even after market colaps 10-15 years ago.

I love to see it

Millennials are the ones who caused this. Maybe tik Tok will save ya.

@@draneym2003 You must be a boomer

It was. I was there. It was a real “get out your tinfoil hat” conversation. Meanwhile, this has been going on since the English bought up Irish potato farms and rented them back to the workers. Time for a sawmill to get an only fans account

You’re describing a problem that isn’t real. The vacancy rate of homes today (.8%) is half of what it was in the 1990s (1.6%). Why would Chinese people buy homes in one of the most expensive countries in the world and leave them empty? 😂. Doesn’t even make sense.

@@kevinc8955 Its capital flight. They don't want all their money tied up under a system that can seize it at the drop of a hat.

@@kevinc8955 they buy the houses out and rent them back to locals

China , India and Russians are Buying Homes in America??? Really! So China with a Surplus of Condos and entire Built communities are Buying houses Here?? Russias too??? Im trying not to Laugh. Id say its more likely Hedge Funds like Blackrock!! And Not Trumps two Fav Countries and its two Leaders He Loves

@@Jessiejam-44 GOP BS that the CCP can seize people's assets? Man you live under a rock. The CCP has the power to do far more than seize peoples assets. Can you tell me your angle on the CCP's power, history, and practices?

You spelled Biden wrong.

@@user-vx7vi3vq1c Are you one of the people blaming the left and the media for being toxic? I wasn't being political but you couldn't help but stoking fires. Re-calibrate yourself.

There are places in Montana that do limit the short term rentals.

@@user-vx7vi3vq1c your donald undies are showing

@@user-vx7vi3vq1c This isn't Russia Ivan. The government doesn't control housing.

@@wanderingquestions7501 we lost steel jobs in the 70's & 80's, Japan got blamed, people lost their homes, it happened after the steel workers signed a big contract. The heirs to Morgan, Carnegie and Schwab didn't suffer at all.

@@myhomemovies9110AND you understand that’s American capitalism…right? If you were a CEO making widgets at a cost of $5, sold them for $10 and a consultant told you those widgets could be made overseas, shipped back to the US and distributed for $1, without having to deal with workers and you bonus from shareholders was based on profit, whatcha gonna do?

People are short sighted and will say it started this year or last year.

Except on steroids

No, in Jackson Hole the billionaires ran out the millionaires a long time ago.

@@chrisallen2005 And they have the same problem in the ski resort town of Mammoth Lakes, California.

@@chrisallen2005did you cite a line in a movie, or this is a common reference?

@@mrweisu Thought it up with my superior mind. That is not a reference from a movie either. "What do you think Rayette".

Yeah but who provides all the labor to make their life's so easy. They don't even raise their own kids. Let alone cook for themselves, clean their own house, do their own laundry, ecetera.

Does this include MLB, NBA, and NFL Players. I'd hazzard a guess that many of them make 20,000 a day after taxes.

And to the rich, it will never be enough.

Look at you, just barely learning how the world works

It’s American capitalism and ALWAYS been that way. CEO’s made bigger bonuses, shareholders made more money when products are made overseas. It’s not rocket science. Don’t confuse morality with making money. You’ll lose every time. Like as a 3rd generation .1%’er, the financial group earned me a 15% increase in total net worth for 2023. That’s millions in my case, far exceeding the rise in cost from inflation.

Not getting that lithium processing plant might be a blessing in disguise....just sayin.

I guess they could build a sewer system for the town. It *IS* the twenty first century, after all.

@iBackshift Laws need to be passed to prevent houses to be used as short-term rentals or basically hotels, or tax it to high heaven (AirBnB used to be renting out your primary residence while you were on vacation to make a few extra bucks for the budget minded traveler. Now it has become just another hotel app, with the hotels being homes). That will put millions of houses back on the market. Of course, that doesn't prevent rich people from buying homes, but it will help a bit. And at some point the state will have to be required to overrule local counties on building utility infrastructure like sewage, internet, water - meaning the state will have to pony up some money. "But but but cost". Yeah, sorry rich people, your property taxes gotta go up...just the reality.

How do real estate people drive up prices?

Funny i just watched your vids on the p tech clutches a couple days ago. But I agree, im a young guy and there are lots of jobs that I look at available in places where i cant afford a house, let alone rent. Even now my best chances to own a home is to buy a damn trailer or van and live out of it. This world exists to drain every last penny and hour or labour out of me and my generation with no regards to how it affects my life. The worst is hearing that every single person thats my "Superior/journeyman" plans on buying more homes/property and turning them into rentals! I keep telling them that theyre the problem and why I will have to live out of a van, but they just dont care, all they see is the money.

What do you think is going to happen when 13 million people cross the border since Biden took office, that's more than the total of 33 states, yeah they're might not live in your state but they're gonna make Americans leave their states and go to new states like yours, the United States is failing right before our eyes

Can still camp in the Bighorns without a reservation.

Locals and strict zonning regulations are at fault. They can't get anything build. Many of those towns don't have much new construction. They often don't have any multifamily homes that are more affordable then single family homes.

youtube shadow banning comments again

About 20% of the US population are Baby Boomers, and more and more are retiring every day. Cashing out and buying their version of the American Dream that they've been saving for for decades. Rural economics is being flipped on it's head.

What government policies do you see as responsible for this problem and what policies need to be put in place?

What about the inane Covid edicts which were implemented for waaaayyy too long.

EXACTLY !!! The failing timber industry is a direct result of government over regulation.

@@karenkoe7096 first and foremost, it is way too expensive to get permits to buy a house. Mortgage brokers I know in Toronto say 60% of housing costs is from permits. Don't forget how many environmental studies you need in some places. Second, the policies that need to be in place are: 1. Ease up zoning laws and neuter HOAs 2. If you do not live in the home, and you do not have long-term tenants living there, aka short-term stays only, your property should be considered a hotel/commercial lot, not residential. You can imagine what legal repercussions this would have against the owner(s). 3. If not #2, make it so that only citizens and permanent residents who live majority of the time in the nation can own property. You would not believe how many of these AirBnB's are owned by rich foreign citizens who aren't even allowed to be in the USA themselves, but are allowed to profit off of owning property in it.

Every company needs to make money. I would say that if they were they would still be operating. The democrat economy is based on foreign workers and using no American wood/minerals/oil. Those in washington have no calluses on their hands and never will.

This a symptom, a coping mechanism. There's levels of wealth, everyone with a job is working for money and some people actually have some of it. Those with money want to put the money somewhere else and not hold cash because its devaluing rapidly, so they bought real estate when the market was good. Now the market is bad and they can't sell, so they rent.

That's REPUBLICAN governor Gianforte. People, you get what you ask for.

​@@whatgoesaroundcomesaround920get to.work.and shut up

@@whatgoesaroundcomesaround920 Outcome would have been same with a Dem.

@@greg-ui1hg dems at least talk about restricting or banning short term rentals. Conservatives just say "deal with it, free market"

@@louiearmstrong Dem restrictions on building is responsible for this. Missoula is a college town and very liberal. They control the whole county.

VOTE TRUMP!!!!! STOP THE GREAT RESET OF 2030!!!!!!

What town is this?

@@Thebluesky0311 Seeley Lake, Montana

I’ve driven all over the intermountain west as a kid with my dad who is truck driver, 25 years later I’m running my own rig through the same routes and it really is saddening to see what’s happened from CO to ID and everything in between.

I hadn't been to Montana in a decade. I was saddened to see how it is loosing its open spaces at a rapid pace. The working class is destroyed in this country.

@@jayk.2276Because..what are you “seeing”?

The poor don't care

@@user-uu8bs8tg1k The poor doesn't care about trying to make ends meet? What is wrong with you?

Of course we care. If your not at work, the rich don’t get any.

@@geocam2actually yur wrong , they vote for the democrats & is their fault for letting inflation become into reality. 🙃

@@geocam2 what happens when you vote the other way?

It’s happening all over the country, cant blame everything on one State lol. A lot of businesses are fleeing California to Texas so soon Montanans will blame it all on Texans

yes. Homes become investments and community becomes lower and lower on the list of priorities.

no.. It's Rich people being Stingy and stupid.. Pay MUSt be Proportional to COST OF Basic needs or Humans migrate.

Subway franchise will save no,persons

California colonizers

They would rather walk away from the business and buy a new Land Rover.

Seems NIMBYs are everywhere. I got mixed feelings on zoning myself.

Every time there is (un)affordable housing built, it raises the property values by insane amounts, the rent gets subsidized by the government, so the owner of the apartment complex has an incentive to raise the rent for everyone (because they can't just raise it specifically on the sec-8's) because subsidized rent is just free money coming it, and the unsold units are marked as lost revenue.

Idk about there but most people in low income housing around me don’t work anyway

The American west has become the super rich play ground. They only want the peasants to live there and serve them.

REITs (Real Estate Investment Trusts) are shares you can buy and get dividends from. They buy up housing and hold it, forcing local prices up, then sell at the higher rate. The profit goes to the REIT shareholders. They are very profitable. That's capitalism in action!

@@whatgoesaroundcomesaround920 completely agree but I would never choose socialism or communism or a mixture of them over capitalism. Capitalism can be put in check and for a long time created a very strong middle class. Now we are selling out because of greed. Sometimes it takes a fall to remember.

It's happening everywhere.

I guess it just depends if you’re rich or you’re poor lol.

@@jayk.2276 rich people won't like coming out to their vacation homes to find they've been burned down

Clearly you didn’t watch the whole video. They can’t build apartments because the city’s sewer as it stands, cannot handle that capacity. And the wealthy who have moved to the town, do not want to vote for a new sewer, because they do t want to see the town grow. This is happening all over Montana.

​@@crystalroane4062the NIMBYS (Not in my back yard people) destroyed California too. It's disgusting. People are homeless because they refuse to let anyone build housing

Sounds like that saw mill could build their employers housing and fund their own sewage…..

This actually is terrible, taking a step back. Years ago mining company’s built housing for workers to keep them under their thumb. This is what we’re headed back to.

CB faces its own giant hurdle-Mark Walter’s, owner of the Dodgers, etc. He has been buying up property left and right throughout the valley, shorting the amount of rentals that make it to market.

You got that right about sewage systems in particular. The city I live in neglected the sewer system for over a century. In the mean time the city doubled or tripled in population. That led to sewage overflows into rivers, etc. In the last few years the city has been forced (finally) into doing something about it. That has led to sewer bills that are now more than our water bills. At least the situation is being addressed.

@@karenkoe7096 Usually take a major failure for people to care, and maybe not even then if they can fix it quickly and ignore it. Even our major cities here in Canada are now having these problem. Water/sewer systems that cannot handle the density they cities want, and then try to force the upgraded city infrastructure costs onto the developers who then refuse to build... and the it goes around and around like that.

@jaymacpherson8167 Cities and towns are supposed to have savings that are added to regularly, set aside for infrastructure repairs and replacement. That money can be invested, and bring good returns. But when you need to upgrade the water processing, or create or upgrade s sewer system, the town has something to go with. That's an integral part of government, to prepare for the future. Cities and towns where that hasn't happened will have to borrow, or limp along as they are. It is absolutely the fault of local government -- which is directly the fault of those who let it happen, the voters!

@@whatgoesaroundcomesaround920 The “government” for the smallest systems is often a board of the locals, who rarely succeed in convincing the voters that their rates should be raised. For instance, I witnessed more small systems than I can recall who couldn’t get the voters to approve a rate hike from $25 or $30 per month (for unlimited water) up to $50 per month. Yes, fixed income folks, as I am now, suffer when rates of any kind rise. Most often, the defecation would have to hit the ventilation before the voters would agree to a rate hike. The alternative sometimes was for the state government to levee fines for regulatory non-compliance.

Also bad restrictive policies. Don't want to build infrastructure and have restrictive zoning preventing new construction

And housing being treated as a commodity to inflate rather than a human need

@@hergie409 Locals killed their own way of life!

Every time I watch a video like this I browse through the comments to see if anyone gets it. If anyone understands why we're here. It fills my heart with joy to see someone mention the Federal Reserve. What they have done to our currency is criminal.

@@stayanddrown trump threatened the reserve to keep interest rates low to make himself look good. just like the brainless people in montana who vote for trump they are empty suits with no skills. vote R! love to see these videos

Been voting republican ? They are holding down wages, sustainable infrastructure, low income housing and helping expand the worker base for fear of migrant crime even more so than crappy neoliberals.

Then vote differently next time! Vote in favor of infrastructure and against restrictive housing regulations

Native in italics... Unless you are meaning Native American then get over yourself.

@@pearljam_1 Clearly, not from MT

@@calvin- Wow aren’t you special. Your grandfather put the Native Americans on reservations there then you claim to be a “native” bahaha.

Those houses shown in the drone footage are in Missoula... not Seeley Lake just saying...

those "beautiful houses" are why locals can't live there...

@@baconatoromg6062 i am not familiar with life in such a small town in USA. Do most of the locals rent or own?

@@liva236muzika most locals rent. Unless they are living in generational houses. For the most part, anything bigger than a 3000sqft house is likely owned by a wealthy out of state family. Locals have never made much money, but it wasn't an issue until rich out of state people started moving in and buying up land/driving local costs up.

They're talking about keeping outsiders out as in immigrants.

​@@curtsiekertAnd it would be the white republican businessmen hiring the immigrants

@@curtsiekert has nothing to do with immigrants you idiot. The outsiders are transplants that don’t want their investment property to lose value because the lower working class needs a place to live and are seen as trash in the eyes of many lefties like you.

This reminded me in a way of a South Park episode where Cartman was rich and bought out an amusement park so he could have it all to himself without crowds. But then the rides started breaking down and everything in the park needed maintenance. So he had to start allowing some people in to earn some revenue in ticket sales to help pay for it. Eventually he had to let even more people in to earn enough to be able to run the park at 100%. Which then pissed Cartman off because he was back where he started.

Missoula County and San Francisco County sound about the same with voters refusing to approve development then the locals wondering WTF happened.

REITs.

people simply aren't involved

Also think of all the illegal immigrants taking up housing that American citizens can use

How about halt immigration completely? Stop the new people.

The reason so much housing is needed in the first place is due to mass immigration, blame leftists for that. And hypocritically, leftists are the strongest NIMBYs, they go full force. No qualms about using government power to restrict developers and satisfy themselves.

What are you bloody talking about? It’s more of a blue problem than a red, at least.

Housing was a problem in cities before remote work. GOP deregulated the housing market in 2017 which allowed blackrock to start buying entire neighborhoods. Housing prices began rising drastically in 2018, they started in cities and are now moving to your areas. But sure judy, keep thinking it’s crime rather than the wealthy who stole the American Dream. You never blame the politicians you voted for since Reagan began the middle class decline. Now people like you expect us to double down on these bad policies under Trump again. RW Boomers never learn.

Prices won't stop going up til houses and apartments are sitting empty because prices are too high. The irony of this video is that the only way houses will come down if way more housing is built.

@@geocam2 The fed printed all the excess liquidity and handed it blackstone and blackrock.

@@pepperonish no one cares if you're comfortable

@@tuckerbugeater ok

Montana is a resource-rich state....look at the state seal...mining, timber, water....all have suffered under government. We were told that we need to change our economies into Service industries and tourism to save ourselves....with a no-common sense viewpoint. We aren't educated to ask ourselves "And then what?"...we are sheep. As a fifth generation Montanan who hates what we've become....from Mansfield and Metcalf...we have Tester...and no common-sense. BTW...there are technologies that solve the sewer problem...but does not fit with government administrative purpose.

The sad reality is that, without any restrictions on who can buy those homes, they'll all end up bought out by investors just like the existing homes. Then turned into expensive rentals.

I need a job & would love to move to Montana but I fear I'd have to camp in the woods to work there!

That's because we are broke

Town government is supposed to have a fund for infrastructure repairs or even new build. Many towns don't bother. This is how it goes down when the money is needed

@@SandersChicken I was talking about the wealthy Californians from Orange County that are moving in ruining Montana

@knotbumper oh yeah they ain't broke. Screw them

"You're cool... F-it i'm out" - yolo

@@-in-the-meantime... so what

Hawaii is an extremely beautiful place with extremely limited acreage. 3bd for $675k TBH sounds cheap given the location.

Lmao 675k is wrong. More like 890k min. Also in California we have $6.50 per gallon of gas…

Hey, that's capitalism in a nutshell. The public good is NOT part of that economic system's calculations.

That's capitalism accept it.

Speak for yourself. I sold my home to a local family with 2 children and they were the 3rd lowest offer. They had been saving for years for a down payment.

Montana is a red state already.

@@rick419the people in Missoula Co. are doing the same thing as San Francisco Co. The locals vote to keep things the way they are and refuse to develop. Things fester over time and you end up with just rich people owning the homes and locals who can’t afford to live there anymore.

We are a screaming red state, and our Governor and super majority red legislature raised our property taxes from 20 to 40%. The Dems said don't do it but they didn't even reply to them.

@@rick419 True, but Missoula is and has always been EXTREMELY blue. Anthony is right. What you speak of is unfettered capitalism. 100% capitalism isn't good as it leads to mercantilism and cartel towns. 0% capitalism is also bad as it leads to NK, Cuba, USSR, 1950's China, etc. Have socialist safety nets, not trampolines. Have capitalist skies, not ceilings. It's a difficult and ever-changing balance.

@@SaintSaintCanada has a very similar problem.

Some people don't want the mess and stuff that progress brings they don't see that as a good thing

You sound like a Californian Some things don’t need to be changed and are worth preserving.

​@@djt8518well Goodluck with businesses leaving and the wealthy buying up whatever is left of your town.

SHOW LOW N PINETOP/LAKESIDE AZ 100%

Restrict the price of a house and I will buy 10 instead of 5. Bring it on. Doesn’t should like a solution. Building more is the only solution when there is demand to fill.

@@Xalta_Sailor cant build houses everywhere. better solution is property/housing limits.

That's the reason for the stagnation of wages. But also globalization, meaning the growth has been mostly outside the country. That's not a terrible thing, people getting lifted out of poverty. But we need to be able to live as poor people, it shouldn't be illegal to build poor person housing for poor people.

@@gorkyd7912 A big part of the growth outside the nation was because pf NAFTA and allowing China to join the WTO. After that manufacturing in this country either moved or closed. And we went from balance trade to hundreds of billions in trade deficits. Its not a terrible thing for them but it was a terrible thing for the tens of millions who lost good paying jobs here. But at this point no of it matters because they’re all failing.

@@gorkyd7912 Look man, I'm glad people are getting less poor outside of America, but if I have to choose between a random dude in China not having to live in a mud hut or a fellow American not having to live on the street, the dude in China is SOL. America needs to stop shooting itself in the foot

No, the main reason has been greed: a shift if the tax burden from the rich and corporations to the middle class and bluecollar workers beginning with Reagan, Republican union-busting (Reagan & others) leading to repressed wage growth in comparison to profits, and blatant corporate greed expressed in poor working conditions, low wages, and higher prices for consumers.

@@whatgoesaroundcomesaround920 This is just factually wrong and it's obvious if you look at any timeline of wage stagnation. It started way before Reagan at the end of Nixon's presidency and at the start of Carter's. It's simply inflation. Inflation devalues WAGES relative to assets and this favors the rich because the rich are able to simply trade their cash for assets (buying stocks like Warren Buffett did, for instance, or houses, or classic cars, etc.) But before you screech about it being "greed" and those Republicans just know that literally every single economic reality WILL favor the rich. They are not rich by accident, they have more resources by definition and they will use those resources to put themselves in a better position to take advantage of whatever economic reality. If you put a 1000% tax on luxuries the rich will simply stop buying luxuries in the US, and they will be absolutely fine. In fact some of them will probably make money selling their existing luxuries on a black market. Meanwhile the poor workers who make those luxuries will be destitute. This is reality. Any politician saying they will target the rich is lying.

Not really. Multi-unit housing development is needed to house lower income individuals but you need a sewer system to support larger, multi unit properties. This town voted down both a sewer system and higher density housing because it would "change the character of the town." This is a problem of the town's own creation.

@@KingArthur13th Video touched on that, too. Those infrastructure plans would most immediately impact lower-income individuals and families.. it’s an odd, frustrating cycle.

Murica

I would choose a different career,

@@sloughdogthen who teaches our future Americans. Responses like yours need to stop. Every career is important to the fabric of Americas success now and its future.

​​@@themcadamsminute8494I see these braindead responses like "choose a different career" and it utterly shocks me that these people dont understand how or why educating the next generation is so important that it deserves decent pay....

@@KS0102 agree 💯

@@KS0102 Yeah my wife teaches third grade for less then 50k a year. While children & bafoons make mills doing social media. At some point we must sit back & ask ourselves....... How did we get here? And what are we going to do about it?

What's happening in rural Oregon?

​@@koanstarr9393we've lost two mills so far this year in rural locations. Same thing, can't find workers cause workers can't afford housing.

We also allowed the export of unprocessed (no cut into boards) logs no other country does this the mills of Japan and other places had a fun time with our logs

our sawmills here in western canada have been shutting down one after another since the nineties or even earlier all the same, my local small sawmill just went down the highway on trucks to kentucky of all places i believe for pennies on the dollar.

no one told you to come here

​@tuckerbugeater Stop making racist assumptions based on names! Timothy grew up in Utah. His mother, a Clark, and her parents grew up in Utah. His dad was from Arizona. His grandfather's parents were from Spain. Hence, the name. Timothy is a master Craftsman and carpenter. He is very skilled in his work and for years he did beautiful siding on houses that still lasts to this day. He is one of the best in the nation and won a national award for his excellent work, the first time it was ever won in Utah. Again, don't make racist assumptions.

​@@tuckerbugeater The big issue is that normal people can't afford to live in places like Seely or Park City. Ask the teachers, firefighters and police officers. People who do the real work are priced out by the rich who move in and then the workers can't afford to live there. The rich want the services but don't want "the help" as neighbors. This is a real problem.

@@tuckerbugeater I was born in Los Angeles California 1961

All the local resorts bought the entire town so they can house immigrants to work and serve the guest it's called the paws up resort

Growing up in CNY the local bean farmer provided his summer employees decent housing at no cost to them. He considered it just a cost of doing business and as he said it was deductible from his taxes.

Had companies just paid their fair share of taxes and accepted corporate tax increases instead of fighting for tax decreases, the local government could've paid for the sewage system. Corporate welfare never ends well...accept for the millionaire mill owner. He's accummulated generational wealth beyond imagination.

They can't. The town has to have a sewer system before any apartments can be built. It doesn't have one.

​@newttella1043 "generation mill wealth" LOL. California comment of the week!

Our taxes are not low. We are a non incorporated town. Our taxes go to missoula county.

Raising taxes is not the answer the higher ups just give them self pay raises here in small town sheriff making $150,000 got a $ 30,000 raise that is almost more than the average person makes ? Taxes are not the answer

This is Bidenomics and the out of control administrative state.

its this type of predatory capitalism that created this problem in the firstplace. Build more housing so a predatory capitalist can buy that too???

KALISPELL is amazing!!! I drive thru ther once and was really tripped out by the beauty.

Kalispell was my home 4 generations in Montana. I had to move because of you out of staters. People are rude, it’s overcrowded, and the crime is ridiculous!

Gawd bless Murica 🤓 🖕

@@KAT-dg6el I really apologize for all the people who ruined it. I was not one. Kalispell and Columbia Falls were so good to me for the 4 years I lived there. If it wasn't for the point that I am not able to drive anymore because of my disability from the service then I would most likely still be living there.

Welcome to America in Montana. I built a place near Ennis. Best thing I ever did. Thanks for your service.

Exactly. Make it illegal to build a house, shocked that there's no houses. My grandparents lived without sewage, lights, gas, water. Turns out you don't need that stuff to LIVE you just need it to be comfortable. But now it's illegal to be uncomfortable, hurts the property values of the comfortable people.