Train left the station...
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- Apr 4, 2020
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Believe me, that's what kept me where I am as long as I have been.Although I agree that conditions will get worse, I don't think they're getting better elsewhere. If people want to leave Montana after cashing in on the real estate boom, they will be looking for better destinations, not worse. In the world of destination selection, the game is finding the lesser of evils. A few cashed out boomers might head for Arizona, but when they find out what it's like living around Mexicans, most will regret it. I suspect most will just stay here, maybe downsize.
But this is not the idyllic place it was nine years ago. Californians bring their own brand of trouble, and we are seeing it. This is deja vu for me - saw it in Denver 25 years ago, and here we are again.
The whole state is now unaffordable. I've priced out land up in the northern part of the state...no bargains; everywhere, it's a bubble.
So it's time to find another place. I may spend a few months in Vegas - not that I think it will be clean, or nice; but Vegas has defenses against the rotters that little Montana cities do not have. Plus, discretionary income is plummeting - and that means, Vegas won't have the growth other areas had. Real estate prices will be stable, perhaps. They can't be much worse than what's happening here...shopping a few webpages, rents are lower in areas around Vegas than they are in town.
Alternately, I could find someplace really unappealing to coop at - how about, Williston, ND? All those new units, and no one to occupy them. I don't want to make it a home, but as a temporary hangout, it'll probably do. I'm going to take a trip over there.