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hiphipjorge | 5 years ago
One of my friends is travelling+working across western states, but he's the only person I know. Another friend tried going to Truckee (Tahoe) and eventually ended up back with his parents after a couple of months.
So far, I would guess this is happening but to a much lesser extent that what most think. It'll definitely be a trending in that direction though.
vl|5 years ago
I know few people who are unsuccessfully try to buy "non-metro" houses: either prices are to high, or deals closed in just couple hours of property being listed.
throwaway0a5e|5 years ago
There is no shortage of non-dilapidated double wides and 1500ft^2 houses in rural areas.
What there is a shortage of is recently constructed nicely optioned turnkey 1500-3500ft^2 houses. Basically if you're looking for the kind of house you find in an inner suburb with good schools in BFE it'll either be hard to find or expensive.
serjester|5 years ago
bmj|5 years ago
I've been using my work flexibility to avoid the popular crags and boulderfields on the weekends, but on the rare weekends I have been out, the popular crags at the New River Gorge have been absolutely packed.
scsilver|5 years ago
1-more|5 years ago
2trill2spill|5 years ago
xur17|5 years ago
Spooky23|5 years ago
My aunt and uncle live near Binghamton, NY and their new neighbors are high income people (a Googler + Attorney) who plan to stay for a year or two. Fixing up the house and putting a pool in is still less than what their Manhattan apartment cost.
Simulacra|5 years ago
kylebarron|5 years ago
DominikPeters|5 years ago
serjester|5 years ago
driverdan|5 years ago
jborden13|5 years ago
jdhn|5 years ago
That being said, when we're scheduled to go back (next June), I plan on trying to work completely remotely, and then attempt to travel in a much more extensive way.
blonde_ocean|5 years ago
ASinclair|5 years ago
kelp|5 years ago
We also still have a place in San Francisco, but we're spending 70-80% of our time in Tahoe.
We spent the whole month of June here, and when we booked our place to stay, Placer county was not allowing short term rentals, so we booked for a full month to get over the threshold. While we were here, restaurants and other things opened back up.
About mid-June we started looking at houses. We made one offer for asking price, and got it accepted, right at the end of June. Overall I think we were fairly lucky. There were some stories of places going for substantially over asking price, which is rare for the area. But the largest impact was that housing supply is low, and houses moved really quickly.
It's typical for houses in this area to sit on the market for 3-6 months and sell for right around or slightly under asking price. This summer we saw a house go up on Zillow, on Wednesday, and we hemmed and hawed about it until Friday, then told our agent we wanted to tour it. The house was already off the market by that time. We saw plenty of places hit there market, and go into contract within 2-5 days.
We looked at several that we're real fixers. Like an 1100 square foot A-Frame that had a terrifying set of disclosures, probably needed at least a down to the studs renovation. All the electrical replaced, plumbing replaced, etc. Everything was DIY, not to code, etc. It sold in a handful of days for at least $500K, and certainly needed another $150K in work.
The place we did end up getting, we only got to see because our agent knew the seller and the selling agent. We got to tour it before it hit the multiple listing service and we had an offer in before it actually went on the market. It did hit the MLS for a few hours, but the buyer ended up wanting an easy sale, so accepted or asking price offer.
This kind of quick sale is typical for the Bay Area, but not at all for Tahoe.
I'm not keeping as close an eye on the market now, but overall asking prices are up, and people are still buying quickly. Also all the local contractors are very busy.
The other issue (and we're part of this problem) is that a lot of former rental houses are being put on the market, so locals are having quite a hard time finding a place to rent, and having to end up in places like Reno, which is roughly a 45-60 minute drive away. SFGate has an article about this exact issue here: https://www.sfgate.com/renotahoe/article/Bay-Area-transplant...
The other anecdote is that up until a couple of weeks ago it was still quite busy in town. People working at the local grocery store were commenting that it's the busiest shoulder season they've ever seen. Typically this time of year, this place is nearly a ghost town.
Both me and my partner have been working remotely since the start of March and expect to continue at least well into next year. Perhaps permanently.
enigmo|5 years ago
This has been happening for years, at least around South Lake Tahoe, due to rentals being put up on AirBnB. I've talked to numerous locals over the years while on ski trips and they've all said the same thing: if they're renting it's usually in Nevada and they drive to town every day. During big storms a lot of folks can't even make it to work at all.
unknown|5 years ago
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vict00ms|5 years ago
leaguedreams|5 years ago