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Originally Posted by JSH
Sounds like it might be time to look for a new place to live. I grew up in a dead auto town and left the state ASAP.
That said, if your housing prices are skyrocketing then either you are getting a lot of retirees or someone is paying enough to support those prices. What are all these people doing for work that are buying up homes?
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Ya, but moving out of the area you grew up in and all your family and friends live isn't easy. But maybe you are right.
Most people buying up housing are looking for second homes so they can come up here and ski, hunt and boat. That and the local college (now university) keeps growing with more and more students moving in and the town not planning and allowing for the growth.
That and everyone wants to move here because marijuana is legal now...
Quote:
Originally Posted by JSH
Could be owners are choosing not to rent to families with kids (that would be illegal BTW) or it could be that the singles that are new to the area have jobs that pay more and show better rent to income ratios. They could be making California tech job money working remotely and choosing to live in Colorado.
Colorado is super hot right now. I personally know 3 people that have moved there from the Southeast in the last 2 years.
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Most single people here seem to be here to go to college. "Places that won't rent to kids" don't openly say that. That's the gossip that goes around. Maybe the single people coming in just make more money or have deeper pockets kind of like you said.