4 ms·

Have you looked at what’s happening to housing prices in resort towns lately?

• JackMorgan 3y ago
  No what is happening to them?
  • yunwal 3y ago
    As someone who lives in a ski town, they are far too expensive for normal people to live there. Local businesses can't find employees, and homelessness has risen dramatically. A huge number of units in the town sit empty most of the year. Some of this is due to vacation homes, I think a lot is also due to speculators and mortgage rate fluctuation causing inefficiencies in the market.