[agentofoblivion]

This article works hard to paint one picture, and then presents arguments and evidence to the contrary. It’s basically a sob story about local musicians and ski lift operators not being able to afford housing, as if that’s a new problem. Then:

> Even as Summit County adds waves of remote workers, it has experienced net negative migration since 2020

You click the link of that data and it talks about how the local government is desperate to attract workers and full time residents, rather than having mostly vacant second homes.

I presume they want to attract wealthy workers, given the choice, since that spending will be local and help the economy. So, assuming they get what they want, which is an influx of wealthy, employed people, it’s entirely clear what will happen to real estate prices. I’m sorry, but no one ever said you’re entitled to only having to play guitar in coffee shops to support themselves. That’s what college kids do, who don’t own houses.

[zeroCalories]

I agree that no one is entitled to a home, but it also feels a little odd that people will turn around and feel entitled to an increasing property value and neighborhood character. The market giveth and the market taketh, except when it wants to take from me, right? Then suddenly democracy and taking care of the community is important.

[FireBeyond]

Absolutely. My areas is in one of the highest appreciating parts of the country, and has a housing shortage. The city started exploring "the missing middle" - medium density housing - we are either single family, or apartments.

Commissioned studies, and the worst case of those showed year-over-year appreciation decreasing, from 12% to 9.5% per year.

To be clear, people's property values were still going to be increasing nearly 10% a year, if fully implemented, and "worst case", but holy hell.

You'd think the city was talking about taking people's grandmothers into the street and executing them, the screeching was so fierce about "protecting my investment".

Never knew there was a constitutional right to double digit "returns" on property ownership, but to these people, apparently there is.

[pif]

> no one ever said you’re entitled to only having to play guitar in coffee shops to support themselves

Actually, no one ever said you’re entitled to only having to play guitar in coffee shops to support yourself in the town you chose.