2 ms·
>So much money is floating to the top x% that even just renting to them on weekends is more lucrative than renting to locals 365 days per year. Where are people
by aphextron 9y ago
>So much money is floating to the top x% that even just renting to them on weekends is more lucrative than renting to locals 365 days per year. Where are people supposed to go when even the middle class is homeless?
This has always been the case in mountain towns. The article is more doom and gloom than anything. I spent my early teen and twenties ski bumming around the exact towns mentioned (Crested Butte, among others) years before AirBnB existed. It has always been a lifestyle of poverty couch surfing and floor camping. The dichotomy of extreme rich and poor has existed in these towns like nowhere else in the US for as long as skiing has been an upper class pursuit. Those who wish to make their lives in these towns know this and value the lifestyle above all, so they adapt. The ones who don't move to Denver.