This Town Was Paradise, Then Everyone Started Working From Home

Just like my former boss acting like it was their gift to have given you a job when you're underpaid and overqualified. Trying to portray the whole nice family business look but they own business buildings, rentals, and short-term rentals all over. Plus vacation property in another country.

You mean a democrat.

Sounds like all democrats and rinos. Come join the freedom populist club.(where the cool kids are)

guaranteed she uses her "hippie" lifestyle to trick these kids into thinking she's really doing the most, when she's fucking them raw! kids that, typically, think that because she didn't vote for trump and isn't a white male, they are a part of something new and different instead of literally being modern day serfs.

@@chrisblanchard6413 That's the white liberal playbook right there. Make money off all the suffering and then claim to be a social justice warrior fighting for virtue. Very lucrative grift as we see in this video works perfectly.

What an amazing quote !

280 pizzas an hour. Damn you'd think you'd be able to pay someone enough to get your operations back to normal especially with a traditional take out food. So greedy.

@@hook1786 You can just see how excited and happy she is to show off her booming business to the cameras. All she cares about.

The difficulty only comes from the unwillingness or unprofitability from others in informing another who's ignorance they rely on. That horrible small minded quote doesn't include a person's ability to educate themselves which doesn't even sound within the realm of possibility from Sinclair's point of view. Spouting horseshit like that only solidifies classism and condescending pity for the poor when they would be capable of anything should the giant thumb be lifted off of their heads.

@@Swiftrevoir The quote is not about the poor at all. It's about exploiters' (and their ideologues') amazing ability to rationalize an unjust system when they personally profit from it. Specifically, it was about the newspaper editors who disparaged his socialist campaign for governor of California in 1934. Here's the context:
« Impossible for any editor of a commercial newspaper to understand the difference between a profit system in a state of collapse, driving the State and everybody in it to bankruptcy, and a system of production for use in process of growth, providing security and plenty for all. I used to say to our audiences: "It is difficult to get a man to understand something, when his salary depends upon his not understanding it!" »

I was thinking that's really not many steps away from workhouses and very open to exploitation of labour! It is framed as her doing charity work (she even says not all her rentals can be philanthropic), but when her workers are vulnerable due to housing shortages, this is a way to chain them to her business. Subsidized company housing is only a boon if the workers have others viable options available that they can afford. Then again, in USA they also frame having to crowdsource money for medical debt as a positive thing. It's really not a feel good story to see people struggle to get healthcare!

Yep... Telluride has lots of employee housing. Huge risk if you lose your job!

Next they’ll starts paying the workers in scrip

Isn’t that called indentured servitude?

Guarantee almost 100% that shes a slum lord and treats her work/tenants like absolute garbage. Probably holds it over their heads that "she could be charging more!!!" all the time.

Right? It’s disgusting that some people get to live like kings while others starve and scrape by. No one should be struggling to obtain basic necessities in the richest country in the world. We need to make housing affordable, need free healthcare and free college, at the very least. I work full-time but I don’t make enough to save for the future. 3/4 of my income goes to rent and the rest goes to groceries, gas, car insurance, health insurance, medications, etc

@@user-ic1ii7ky8p I understand, as I am one of those people - pushed out of the city where I run a small business. And rent in my new place is still high enough that I'm struggling to pay it, struggling to afford gas to get to and from. I had money saved for a down payment on a small house and then Covid hit and that was used to simply survive. So as much as I AM one of those people, I do understand bigger-picture economics. None of those things are free. The more the government gets involved in provisioning those things, the more unsustainable they become. Like the student loan situation. If the government is backing student loans, then colleges charge what they want - because they are completely unhitched from normal supply and demand rules. That's exactly what happened. The price of servicing those plentiful, easily-obtainable loans went up, so that got outsourced - and those 'low interest' loans are not low interest. And they can't be discharged in bankruptcy.
Now those loans that qualify for 'forgiveness'? Well, that 'forgiveness' will be counted as TAXABLE income. Suddenly those people will be taxed on those tens of thousands of dollars. And they still won't be able to get away from it.
Same goes with government subsidized health insurance & health care. There is no market incentive to keep prices low. Normally the market (which is the people who buy the product) dictate the price. It's important to understand the ways which the customers are removed from their role in setting those prices (demand). Government subsidies is the preferred way, because it's popular - that's how votes are bought.
The other effect of this is inflation (which, despite what Keynesian economists say) is a tax on the poor.
The best way to make housing affordable is to remove government from the equation. Stop voting for them to provide services and 'regulate' the market.

Not free college. Too many taxes then. Business training is what you need.

exactly how long will homeless ppl not have a job because of these corrupt manipulative rich ccksuckers that slowly through manipulative schemey structural implementations for preservation and sustainment of there evil manipulation corruption based power through an illusion / unsustainable amount of injust unearned stolen excess of which helps them get more power and authoritise the system even more by making the system more reliant or more based around whatever theyre corrupt regressive humanity haulting undeserving in turms of personal use whatever that might be and so they make most profitable things structured around already structured monopolisations of corruption and manipulation around bullsh*t propagation caring giving your life to destructive worthless harmful to yourself bullsh*t for immediate thoughtless sensless excess of which allows incompetances and only incompetances to have money because smart ppl dont waste their lives going after money they dont prioratise money over the true and real potential and purpose that they have creating directories that all of these schemey ppl leech off of and have manipulated corrupted poised through the use of power in a world in which blind subserviance to power is immenant and were able to irresponsibly degenerate use abuse things with great amazing potential for thoughtless bullsh*t nothing bullsh*t literally and that only incompetances could even consider wasteing their life for meaningless nothing pathetic bullsh*t useless reward of and through wasteful bullsh*t leeching off of it wasteing its potential technicalities in it degenerating it and bringing yourself to propagating it as if it is good technological advancment and instead of contributing or adding to advancment of it but only focusing on what in short turm quick cash grab degeneracy continuation of the same old meaningless bullsh*t out of your incomeptance and fear you have to try degenerating corrupt exploitative manipulative get rich quick cash grab schemes through exploits and loopholes of it that will be closed and shouldn't be apart of reality right now and corrupting this system even more by making it your whole lifes purpose for preservation of your corrupt money and power to keep those loopholes open and get further and further from intended free use of it and contributing to the continuation of the authgoritisation of this system through more and more reliance on previous structures we used being put into further and further garbage scams of which enable and make only incompetances able to get rich because they are the only ones stupid and unconscious enough to submit to be subserviant to whatever bullsh*t thoughtless garbage and dont have consciousness or taste to see it and propagating the continuation of thouhgtless sensless destruction through systematic institutional manipulated means for meaningless pathetic metrics that anyone with a base level of indevidual competance can see is not worth putting any more time into than dismantling to get past to make more progress than your blocked from by this preservation based authoritarianised system and or beause it is completely stupid and meaningless regressive destructive etc but is also reason they have the power to impose these bullsh*t things because they focus on power hierarchies social manipulation and very primative pathetic bullsh*t of which shouldn't be apart of any kind of aquasion for reality in all of the potential of our modern day advancments of which we've been condtioned to be dehumanised desensitised to humanity suffering and encouraged apart of our world everyday life to use abuse irresponsibly destructively degenerate something great along with ourselves

This country was founded on dispossession. It’s a cornerstone.

Its rediculous huh? Welcome to capitalism where it only works great for the 1%ers and fucks everyone else over

yeah she looks like a real titan lol

She literally claims employer owned employee housing (that the employees are charge for by their employer) is the solution. This is the kind of stuff that causes violent revolutions that result in the wealthy landlord class being lined up and "put to the wall".

@@RazorSkinned86 lmaooo imagine advocating for modern day company towns thinking you’ve cracked the code. Putting a wager on her next big brain idea being the payment of employee wages in scrip.

Makes me wonder what she pays her employees.

You are basically describing the situation in most of the country right now. 75K cannot support an average family of four to live in a house anymore.

@@yokohamaborn it's incredibly frustrating to live in a society where working hard and earning that much still leaves you struggling to have a modest existence. Being house poor used to be a choice, now it's a given.

yup, i started making over 100k about 5 years ago. Lost that job recently, I make much less now. But even when i was "rich" I couldn't afford a house. Can you imagine? I thought when I "made it" I'd be able to live like my parents in a house. I couldn't then and I definitely can't now.

@@CBs-Home-Vids Save up and move to the Caribbean, You'll be living like a king with anything over $40,000 a year

Like me i am barely surviving my medicine costs 500 dollars a month. Im crashing on peoples couches. I wont be able to do it much longer.

Too late, the trend has accelerated thanks to covid and more and more people are stuck renting from company homes, commuting on company bus and buying from company store, stuck in a vicious cycle of poverty. Welcome back the 1900s.

They don’t care about the working class. We are the enemy of the government, politicians and corporations. There’s no accountability in politics. Which means there is no ability for the working class to hold politicians to account.
The working class has been gutted repeatedly, and there’s no renaissance in sight.

The pizza place is in an old building that says The Company Store.

I’m surprised the interviewer didn’t make this connection and grill her on it.

It’s to late! Oil will hit $300 a barrel by November and mass migrations everywhere. Food shortages causing 200+million deaths worldwide

How do you stop prices from rising? This looks like a beautiful place and I can understand why there is competition to live there and prices have gone up. I would imagine that some of the original residents have sold at the higher prices choosing the money over the location. I also assume that some won’t sell because they value the location and home and wouldn’t want to live anywhere else.
I grew up in a beach town where it was actually really inexpensive to live. By the time I graduated high school the secret was out and prices skyrocketed in the 90’s. I never could afford it despite making decent money so I currently live inland but I’m not bitter about it, it makes perfect sense. There isn’t room for everyone to live there so it’s a price point issue and that’s just the facts.
You can always move to Detroit and people will let you “just live” ;)

@@michaelvonfeldt9629 stop short term rentals, ban companies from using family homes as investment instruments so 2008 doesn't happen again because real estate is once again in a bubble, use rent control in the most extreme areas of the nation, incentivize building affordable homes, get rid of nimbyism zoning practices, and on and on.
There's plenty that could be done right now this very minute. Nothing will be done, because our entire government has been bought and paid for by the billionaires who own the companies that use family homes as investment instruments, and want to make sure the money doesn't stop coming in. It's pure corruption, nothing more.

@@kenaultman7499 I think of average people that purchased properties as a rental that would be crushed if short term rentals were banned and rent control implemented.
Affordable housing is definitely needed and I agree with most of your ideas.

Agreed, it’s a luxury item, vacancies just feel incredibly wasteful.

or it’s just an investment, just because you don’t do it doesn’t mean other people shouldn’t. It helps the economy grow and as someone who’s studying business it’s not a bad practice.

@@futurebillionairbitch6289 May help GDP growth, but you can clearly see that the majority of society doesn't benefit from rent seeking practices. I completely agree that second and third homes should be taxed higher.

@@futurebillionairbitch6289 "or it’s just an investment" Housing as investment? TAX it.

@@SwobyJ it is taxed.

Yup... I.... HATE GENERATION FAIL. Destroyers of communities. Bringer of price increases... The failure of society as a hole as sheeple buys what influencers preach. That is why this community and many others (Arizona anyone?) are going straight to hell.

It wouldnt be an issue if the people didnt vote for logging and housing regulations that democrats pushed for... And the people fell for it without understanding the consequences that the other side was telling us about.

@@juaecheverria0 Housing regulation is NOT a democratic thing. That's a common misconception. NIMBY-ism is not limited to any political group. It's home/property owners vs those that don't own real estate. In liberal-as-they-come Bay Area California and Los Angeles long time residents constantly vote AGAINST deregulating zoning laws to accommodate more housing. Everyone agrees there's a problem, but nobody wants to accommodate a solution if it might, even slightly, inconvenience them.

@@Fish_Stick_Party no, I'm specifically talking about the Democrat party leaders that pushed for such legislation. And maybe youre right that these zoning laws are being protected by some lobbiests. But that does not disregard the fact that plenty of democrat leaders are the ones pushing to vote for such legislation within the house and senate respectively.

@@juaecheverria0 Yep! Another really important issue that would help the housing shortage is Single-family Zoning
70%~ of all residental zoning in the USA is Single family ONLY - meaning that you cant build duplex, triplex etc, only a big house for 1 family
If we got rid of that single family zoning, investors could build 2 - 4x as much housing, which would hopefully lower all prices.
I agree - a lot of these issues are from overregulation and democrats being stupid and using emotions to get votes from idiots

Colorado is a craphole. People are talking about how bad California is but will never talk about how Colorado is the New California SMH

literally she's basically doing the same thing as mine owners. it's disgusting. why are there not more comments on this?

Right like she gives them a paycheck and then takes it right back

im a little torn over this one, on one hand she is renting to her workers at below market value. and she does need to find a way to incentivize workers to stay when there is obviously a labor shortage caused by people moving out due to inability to afford to live there.
On the other hand, yea it does seem somewhat exploitative to build housing just for the purpose of renting to your employees. It puts the employees in a situation where they will be afraid to quit or take on a different job perhaps with better pay because doing so will mean becoming homeless. And god forbid you end up in a disagreement with your boss...

@@islandwills2778 oh 100% it's not even just that. A lot of these things especially with small businesses do not have defined terms and agreements meaning it can very easily get nasty

They have a choice. She’s not forcing them. Stop blaming her.

company housing sounds like slavery

yeah, indigenous peoples of Colorado would like a word. That would be Ute land in "Crested Butte"

Prof Richard Wolff Monthly Economic Update

That's the mantra of the rich. What's yours is ours and what's mine is mine.

@@rozlyncalderon6016 !!! i was thinking what native community has this been taken from when she said that mess

Ugghh no individual should have the sole power to decide if people are homeless without being held accountable by a system of elections and votersss
You aren't qualified to manage society just for being a good person! Unfettered power corrupts the best people! You gotta have (just) systems!! Uhhghhghhhhggh

I’m a democrat, but there isn’t anything I loathe more than elitist liberals.

@@iadesigns That's funny, because I"m a democrat and I love elitist liberals!

Have you ever seen a worker provide hundreds of jobs? She’s right.

@@kaylaworley6109 Yes, unironically. Why do you think monarchy has become an obsolete system? If it's entirely up to your discretion how to govern, who can stop you from becoming a tyrant?

Sounds more like the government to me.

@@highbrass3749 same thing, mostly.

@@BiscuitGeoff I don’t agree. I think most highly successful entrepreneurs develop a product or service that people willingly and gladly buy. For example the smart phone you typed this reply on. No one forced you to buy it, you bought it voluntarily. Government on the other hand forces you to do things at gun point or with threats of violence, incarceration, or loss of livelihood. Many times it’s a solution to a problem they created. For example the covid vaccine. A vaccine forced on workers for a virus manufactured in a government funded laboratory.

@@highbrass3749 well, you’ve gone from ‘rich people’ to ‘entrepreneurs’ pretty quickly.
Most rich people were born wealthy and leveraged that advantage to get richer.
A few also use that advantage to gain political power. Look at the number of millionaires running your country.
Business can innovate but it can also monopolise, cost cut and use other shenanigans to make money while reducing quality.

@@BiscuitGeoff with regards to money in politics I do think that’s a problem. The problem is even when “poor” people run for political office they quickly become corrupt. It’s a problem we need to fix for sure. I definitely think the US needs term limits for Congress and Senate.

@@user-pl7vh1lj5m How does that make it any better in this situation? Homelessness is a terrible problem that is overlooked in this country since people think it’s “moral” in nature.

@@user-pl7vh1lj5m try telling that to a child who grew up that way.

@@robertboyle7954 living in a car or tent isn't camping. 🤦🏽‍♂️

@@greefo it is here.

@@robertboyle7954 I don’t think you know what camping is… LIVING out of a car or tent is not it.

Aspen is very, very, very bad

ABSOLUTELY. Her bullshit about building housing for her employees is just rationalization to doing what she does.

That wicked smile when she said it, too. Yikes.

How is she gonna afford her felt vegan influencer hat though?

And I'm 100% sure that when she says "when I need it", she really just means throughout peak season. She clearly knows exactly what she's doing, but cares so much more about not looking bad than actually behaving in a way that even vaguely resembles common decency

She’s thriving while everyone is barely surviving
Dog eat dog world that’s for sue

That’s how you have to be in a these days

Vincent Montgomery If you were her you’d be the same way

nahhh@@ndnrb_

I’m sure she will donate her income from the renters to society.
I think.
Maybe not.

@David James Okay, sure it's all in our heads that home prices and rent have skyrocketed since the pandemic started.
Yes I'm sure you can still find some ghetto crack house for $30k but I'm talking about your standard 3/2 in a decent school district.

Especially since the people who can afford the second home, can also afford the tax...

Gentrification is the core issue. But they don't even know what the word means.

A tax that they could EASILY afford. In NJ these NYC beach house creeps have taken the public beach access and parking away. They did nothing for the Jersey Shore when the hurricanes hit and easily rebuilt. The rich take and they keep and they take more.

Privileged and Out of Touch and greedy.

Removing tax breaks on rental properties would absolutely remedy the current housing crisis. It will never happen though because representatives from both parties own a lot of property.

$800 a night rent... Give me a fucking break. Pays her mortgage in a week and can't afford a tax? These people...

@@Hyperbolic_G $800 for a night, no guarantee people are going to be found to PAY $800 a night EVERY night every month.

Hey, I owe several properties so I know how it feels. It won't be like this forever so make as much money as you can. If you can't afford it then leave. This country doesn't owe you liberals a damn thing !

Its not affordable housing in this context... its, there is NO housing. The solution isnt getting taxed in order to sell because then people wont even be able to buy these expensive homes. Its building more homes fast with government incentives.

@@kcheznyc it’s so sad cause it’s impossible to tell if this is sarcasm or if you’re genuinely unintelligent

It is!

Yea what's sad is , when people have less money to spend , businesses make less money as well , and businesses go bankrupt because of it, it's simple economics, pretty sure Sears and Kmart went bankrupt because people don't have any money to spend cause of the housing shortage , it's like do people actually think nowadays of the consequences? You don't gotta be a expert to know this stuff

Heh. That's $1500 as a roommate. Average cost for a house, for rent, is anywhere from $3500-9000. Unless you have friends or know a good deal, you gotta pool with other people to live here. Local, lived here my whole life.

@@emmettmcfarland8083 ur gay for living with other people

@@emmettmcfarland8083 Dude in the beginning literally said houses sold for 60k and went up to over 2m... your life must be short.

canada too.

Most of the developed world has a major affordable housing shortage.

That's because companies like Blackrock are buying it all up. Plus there are so many regulations that make building new affordable housing next to illegal. Look at how tiny homes are regulated to death all over the country.

But yet democrats wanna let more people in the country when we can’t even help our own

@@Rommie26 that's because you don't want to help "your own"

Flagstaff here
We doomed ourselves into being a resort town, so I wouldn't compare, but we've reached million dollar range.
Phoenix being the fifth largest metropolis in the country, there's no excuse for that balloon. ~80,000 homes down there are owned by investment firms out of state. They're doing a lot of buying and selling to each other right now, and it's destructive

There's a lot of people who are crazy AF. We have to thank Reagan for that--his bright idea not to keep them in decent housing.
Oh, and drug addicts and alcoholics are most of the rest of it. AA is still free, but if someone's giving you money and food for nothing...there ya go. Shouldn't get anything if you're not willing to try sobering up. Worse than little kids: need some unpleasant consequences to stop causing trouble for residents. You don't want this living near you. Trust us.

Such greed. Holy hell.

"They think the poor workers should just accept worse and worse living conditions so that they can continue to serve the wealthy". They never really said any of that. There are many solutions to the housing crisis that do not necessarily involve taxation of the rich. They'd probably argue you need to draw in investors and rapidly expand housing development, or you can support worker co-operative housing projects.

Not only that but it’s their second home lol. They probably aren’t even there 80% of the year.

@@radscorpion8 As even your quotation of my statement shows, never did I claim that they actually SAID it. Language is also about inference and suggestion, subtext and context.
And yes, there are of course many varied possible solutions to the problem.

The weird thing is they are probably not incredibly rich, relatively speaking. I knew a couple of families back in the 80s who had a modest house in San Francisco and also a small place up in the Sierras, neither place was extravagant. "Rich" nowadays means having to choose which of several houses to go to and which plane to take to get there.

And it's not even her money either which is a complete sham in itself.

the glories of capitalism

@@yayoudo1 as you type your reply on a device that cost the world trillions of dollars to create...because of capitalism.

@@imkindofabigdeal4308 is capitalism the only means technology and advance civilization can exist? (probably not)

@@yayoudo1 capitalism is the worst means except for all the others that don't work worse.

LOL

Exactly. Well said.

I wonder if she'd still be so chipper if a 'well-meaning' CEO--ahem--restaurant owner moved in on 'her turf' and gave her a run for her money?

Ski town restaurant food sure isn't cheap

She earned it. No one gave it to her.

She really comes across as a sociopath.

Right? I thought $1500 was high for food service.

In the north that is affordable. The housing market is crazy

@@videosuperhighway7655 she is we have way to many bad selfish social paths in the us and not good ones like me ! who are on the streets caring about people a real social path has empathy for human rights !!!

you dont live in the mountains then.

Exactly. I live in PDX and I've been trying to save for YEARS for a home. I don't even want a big home.

I like how she says can pay the mortgage on her rental property by renting it out for a week but then a few minutes later in the video she says she’d be forced to sell if it were taxed at a higher percentage
Does not compute

How is their no benefit. In the video she literally says giving it to her employees for $1500/month is below the current market rate considering that her monthly mortgage is $5900 a month id says that’s pretty nice...

It's not necessarily generous, but with the rental subsidies she's basically paying them probably 20+ since minimum was is 15.

She is taking back half their salaries in housing fees LOL thanks nice lady

@@nate9932 1500 a month for a rental in a rural area is crap. Also if she's paying that much it's because shes paying on a fucking mansion. Average prices are not 5k a month.

Locals are only 'pushed out' because other locals sell out.

@@sevenman9672 Let's not act like there's not increases in cost of living that contribute to them selling, among other factors.

@@sevenman9672 So you're suggesting locals be banned from selling their properties to out-of-towners? It's not a crazy idea. Many countries have laws or restrictions on what properties foreigners can/cannot buy. I don't see why similar laws can't be imposed but at a more local level instead.

It only sucks when you're poor.. This is what having wealth looks like. This is modern day freedom. We all live in an increasingly smaller world.
When you look at it on paper there's nothing wrong with people wanting to move away and live somewhere else. At what point is it not ok with 'you'?
The reality is a tax on these people wasn't going to save you. What you should've been thinking about is why were you continuing to work at resorts for the last 10 years.

@@Sometimes_Always Btw, college educated and I made the decision to work at resorts because I love the work, the people and the environment. Its wildly rewarding. The balls on you to pretty much underhandedly say to obtain wealth to be able to SURVIVE in a ski town, while people with your mentality are buying up multiple properties at exasperatedly high costs that you're willing to pay (even before COVID), causing real estate to rise at unstable rates subsequently ruining a town with nearly complete gentrification and having to bus in people from other towns to even be able to work those "too low for yourself" jobs. People who work hard are the backbone of this country and because you have wealth (probably family money judging by the cockiness), it's clear how much entitlement wealth has given you. Wealth is freedom is the one truth you've said, and as the gaps between rich and poor keeps expanding in this country, freedom will be less and less possible. The wealthy shouldn't ever make up the entirety of a community, especially when they just take over a town and push everyone out, I'm sure there's some country clubs begging for your membership.

Sell it at an inflated price, because she can, and then the new owner does the same thing. Economics. Supply and demand.

@@dougerrohmer Except a lot of second home owners would be putting their houses up for sale at the same timem which would drive down the price, that is supply and demand, the demand has already increased and the supply would be catching up.

@@Right-Is-Right Except supply won’t catch up to demand because part of the problem is investors, rabid now to reap huge monthly returns once they jack up the rent. This along with a growing number of foreign investors.
And always always, an ocean of hungry leeches called real estate agents that want to list and sell every property for the highest possible price.
They’re so busy these days if you’re low budget or not a cash buyer most won’t even return your call.

@@Right-Is-Right that would be the ideal outcome. But No way will majority of second home owners sell at the same time and with a low price. We live in a capitalist system, it's all about making tons of profit.

@@ARTerifik In that case the foreclosures will be at around the same time, a couple of months after the passing of the law. The capitalist system runs on credit not massively rich investors owning everything outright.

Yes! I saw a 200 sq ft studio for 1000 dollars near where I live lol

@@katten39 Once, I zillowed a closet in the upper east side of Manhattan just for kicks. How does a closet have a $1000 HOA fee?

@@katten39 that's all? Austin is worse

I think after a while, once things get back to "normal" and the market realizes no-one is going to fill those apartments, you'll see those prices drop.

@@worldchangingvideos6253 this is what happened in California starting 40 years ago. When Governor and reps scream for big tech or large corporations move to Texas. Then the heart and soul the long time people are always forced out. This how California got so many homeless.

Unfortunately, that's just how it is here in the valley now. You can't find anything to rent for under 1k.

Im assuming it’s atleast a 3bdrm otherwise yeah that’s still ridiculous

2000$+ for a place in Washington state.

I pay about $800 for a studio in Portland in a dangerous neighborhood.

@@Tajmaj nope it's more like 1brm apartment for 1,200/ month and a 2 bedroom will be 1,500+

Lol yeah sounds like indentured servitude. She prices the rent high enough that they’ll pretty much need to work full time and it keeps them poor. And she can also boot them out if they leave the job

And she touts herself as philanthropic. So she realizes she can’t make any money without employees but also sees them as charity cases. She could pay them a living wage for the region but that isn’t even on her radar. That’s the crisis, not the extra $600 they make on unemployment.

Pretty soon she’ll be paying employees with coupons that are valid only at company stores.Damn this is feudalism in USA !

That’s a easy narrative to paint in your head. But she’s not a CEO, it’s a restaurant. Small business owner that can’t do a whole lot, is doing what she can to help. Is the more correct narrative here.

@@julieh.9826 They make what they expect to make working at a restaurant in a mountain town. Young adults come to places like that. (like I did) For the experience, being able to ski/snowboard and have that life. You can’t expect to make a lot of money cooking pizza, nor should you.

The only issue is that there’s a good chance that it won’t be the homeless people buying the houses, it’ll be a soulless rental company, which can afford to buy up everything, take the extra costs early on, and then rent out the homes for even more, exacerbating the situation. I’m not saying I sympathize with the multi-homeowners, because they are definitely part of the issue, only that there’s more to think about

And then referencing the French Revolution. Out of touch much?

@@funkycacahuete2933 the friggin US Constitution was modelled on the values of the French Revolution. These folks literally want to "let them eat cake"

God is testing us to see if we will help each other and not be greedy. It’s like some people enjoy having more that others. 👀 When I become rich my goal is to help people.

I hope their ballot measure tax passed

Ya a lot of Americans are too far brainwashed

The perversion of "freedom" is America's greatest pitfall.

America has similar policies. It’s not quite as laissez faire as it seems. The problem is mobility and influx of wealth from across the country into tiny economies which aren’t prepared.
Imagine Norway had a population 350 million people in an area the size of continental Europe, where people could just buy or sell property freely without having to cross borders. Regulations alone aren’t going to fix how crazy busy the economy gets.

These are the comments that Americans need to read, because regardless of the inability for regulations to solve problems, it still acts as a barrier to keep the behavior from being even more rampant. Unfortunately, it is the money in politics here that make it easier for the wealthy to get past any legislation that does get put in place. That is why markets have to occasionally crash, just to hit something of a reset on asset values.

Viva Europa! America has so much to learn from the continent in this 21st century world. Foremost that if one isn’t willing to be “social” then they are choosing to be anti-social… And yes, that applies both economically and psychologically. Never Ever GOP Again!

At 5700 a month, (Guessing it's in the $1.2 million or more range) none of her employees can afford that house, so it'll end up being gobbled up by someone not living there as a second home, so, problem isn't fixed. Still.

@@lttbigbob but it will reduce how many people buy second homes....open up more supply...reduce prices overall. I don't know all the numbers in this specific case as in how much it will reduce prices, but most additional taxes (think alcohol or cigarettes) will reduce demand in general.

Locals can't afford a 5700 dollar a month mortgage on 15 bucks an hour

Yeah, they couldn't have found a more oblivious person for that interview.

Some bartender making $20/hr isn’t buying a million dollar home tho. Probably gets bought by some out of state rich guy who uses it 2 weeks a year and leaves it vacant the other 50 weeks

Absolutely insufferable.

Do you have a business with many employees or another arm chair expert. Do you shop Walmart??? bet plenty do who complain about wages.

@@jacklong7048 Adults are trying to have a conversation here, Jack. You can try to gatekeep someone else less informed, thanks.

When I was 12 I spent an incredible summer living with my mom and stepfather in Crested Butte. We were actually 4 miles outside of town in an incredibly beautiful unspoiled, unpopulated gorgeous valley called Washington Gulch. We paid $200 a month to live with n an old log cabin without electricity, running water,or bathroom other than an outhouse. My mom cooked on a huge old wood stove which was also our heat source at night, and we got water from a crystal clear creek .

LOL! RIGHT?! She was insufferable and only fooling herself about her generosity.

Not how this works.
1. The houses are normally to nice for them to ever afford in the first place
2. We have a housing shortage meaning we need more new houses and especially apartments for low income workers
3.Get rid of short term rentals and rich people out of state will buy it.

The fact that she says she pays her mortgage with just a week of rentals is a huge problem

@@claireborges7637 well no it's not because she is trying to help out staff. She could do that and not tell them

They already said wealthy ppl from out of town are scooping up properties. How does that help? The risk is the home could either stay empty mostly yr round (the other problem they mentioned), or the cycle continues when that wealthy owner beings renting it out themselves. But instead of it being a local from the town who cares about their community, it's a stranger possibly with no invested interest in what the locals need or their culture.
The problem to me doesn't seem to be short term rentals, bc that brings in cash flow to the community, but rather how much home/building owners are raising their prices. Prob partly to take advantage of the higher potential money out of towners are willing to pay. So that becomes the new standard, what they "could make" from those outside. Those inside are then forced to figure it out.
I wonder if taking the mode income of citizens in that community, then figuring out a percentage amount landlords can't exceed for that given fiscal yr. If you do you have to apply, and pay an increased tax. With the proceeds of that tax going directly to the community housing needs.

That lady is a typical elitist a walking hypocrite

Yes lol me too

Here, here

It's never gonna happen.

@@jancarius101 How do you know

It's not the same kind of bubble as 2008. Housing market is just pacing with inflation so when we see that under control we'll see a decline in pricing as demand wanes. Building has to pick up as well and with prices of lumber falling, it may see an uptick and some stabilization in prices overall as the supply increases. Of course there will be times the price drops but overall don't bank on it ever hitting below that inflationary line. Good luck to you

She’s the type of lady that would say something didn’t go right because her chakras weren’t aligned with the Virgo moon and her crystals felt weird
Better go smudge the house with sage and patchouli

Well if they’re renting elsewhere for $2500+ a month, I suppose $1500 a month is better. At the end, something has to budge, including the price of pizza.

She seemed a bit hypomanic to me, and over-confident that's she's doing good.

You don’t know how difficult it is to find housing in places like this.

You have the wrong perspective. She’s literally taking a hit by renting out to her own employees when she could be making $1,500+ more per month. They’re not “giving back their wages.” They’re renting property at a subsidized cost and staying gainfully employed.

When I lived in Nashville a couple years ago I remember seeing a story that said there were something like 14000 short term rentals in the Nashville area, not just the city proper. And it's been a complete disaster. Rents add rents win up 26% in about 3 years, there have been a ton of burglaries because local gangs figure out where those empty short term rentals are and they hit the masuna's people Vacate after a weekend. This drives up crime rates in lots of decent neighborhoods and really terrorizes long time neighbors . Plus of course it removes housing stock and and of course it's all about supply and demand demand so it drives up rents for everyone as well as the price of a home to buy. It's just absolutely the worst thing that happened. The only people it is good for are people who are wealthy enough to rent short term rentals, or young people who have 10 friends that don't mind sleeping in a 2 bedroom in some cool hip town Instead of actually paying the price of a hotel. And it's just such a joy to go home for a nice quiet weekend and your neighbor who has an airbnb has rented out and the jackass who rented it has 10 friends. Even if they're not huge part years, it's loud, there's tons of cars, people coming and going at all hours. That's not a neighborhood anymore. There's a recent cities have zoning laws and hotels can't just go up anywhere. But none of that applies to short term rentals and for the life of me I can't figure out why they should be exempted on this.

it's not just 1 single issue. banning str would destroy your housing market, put people out of work, and destroy housing values for those locals that own. it's not as simple as 1 fix. most of the locals your talking about can't afford a home. not everyone that wants to live in cb realisticly can. all the work from homw people are the ones that tiped it over the edge. towns need to build and rent out month to month rooms to people who work in the county.

@Rey Orozco I'm not a realtor. Im just saying you will destroy the housing market for those locals that have lived there for years and own. Banning str will not solve the problem. People who str are not going to rent to seasonal workers that will destroy their house. They will probably just try to sell their house.

Yep

@Rey Orozco get a clue

True. Money loose values but properties maintain it.

Well, a lot are using them as vacation spots or summer homes.

Yup. Many places have income/ property tax loopholes. You buy land and put it up for sale at double the appraised value right before tax time. You're money is tied up "in investments", so the tax people leave them alone.
Another one is buy agriculture land because it's cheaper. Then they can show off to all their city friends how much land they have. If they can rezone it, they sell it to a developer who makes it into a subdivision

That's the point, but not exactly. These "homes" aren't really second homes, they're short-term rentals for people who want to run around the world working remotely. Basically, they're turning the entire town's housing market into an airBNB for rich entreprenuers and other high-income people who work remotely. They're vacation spots, but not for the owners. They're vacation spots for the people the owners are charging 1000+ A NIGHT to stay at. It's insanity.

well said!! i live in a communtiy north of San Francisco. it would be better if they just said they're selifish and greedy . I'd respect that more . From, a teacher living in a TINY VERY expensive rental .{ I cant move , Im helping to take care of my mom.} That Im supposed to be grateful for . 1% of this country have more weatlh then the bottum 98% . Thanks to the Tax system I pay more percentage wise than they do. Happy Labor Day LOL!!! { 9 million losing their unemployment}

...and differences between the two being age and access to credit.

Maybe someday she’ll even open a company store for him to shop at.

And in other countries too

exactly wages have not doubled or x3 x4 like property has. does not make sense as many things these days.these little towns have no way of building hospitals buses etc overnite

That's exactly what I said and made the exact same comment just now! Plus, this was just a housing discussion. Notice there was no mention of health insurance for workers, life insurance, chid care, education... It's an unsustainable town. And what do they do in the winter?

Second home owners are your neighbors 🤣🤣🤣

Problem is, they won't be able to afford them. The real estate agent said home prices were sky rocketing. They just be bought up by more of the people moving into the town who work remotely and have large salaries, not by the lower wage workers working the shops that keep the town functioning.

More houses in the market doesn't help. As stated by ​ @Ghostlight Plays The only viable solution is unfortunately to tax the second home owners and build apartments/affordable housing as any spare houses will be out of the price range of most locals and bought up by those whom have more capital probably from out of state 2nd home owners who don't mind the tax or remote workers looking to move else where.
I DO think the business owner renting to employees means well, even though we all know that isn't a good solution.

@@stimepyc3523 I don't believe she means well. I believe she's looking to fight off a labor shortage thats occurring due to the unintended consequences of her real estate business.

@@chrishale5213 I think short term, yes she does mean well. BUT I agree with your view point. A longer look and yes her end goal does not align with the current labor shortage.

If she sells it, some other ACTUALLY RICH person will buy it... that doesn't solve anything. How about, You know, the local Gov't Builds Properties that has subsidized rent for locals only to use?

@@randomyoutuber8227 except the people owning second housing would be incentivized to fight against that, as it would cut into their profits.

@@whisperingsage89 Not much they can do if the Gov't Wills it to be so, as well as the fact that their model is based on short term rentals or visiting person, locals wouldn't be interested in those anyway

@@randomyoutuber8227 Are you serious? You want the city of Crested Butte Colorado to build housing projects so the "underlings" can live in basically Cabrini Green in the country. Will there be a curfew for them and will they wear special markings on their clothes too?
This is what is happening to the USA. Over the last 40 years there has been a stratification of socio-economic classes and the concentration of wealth at the top has not been this dense since the 1920's. There are ways to fix this problem, Govt. housing is not the answer, 70 years of history will tell you that.

What you are not seeing is that the cost of the home is so high she has to or no one gets a home. In case you did not noticed, she not only does that for one home but is building homes for her workers that are homeless.

Those people are not nyc transplants. They are transplants from Midwest or west coast that moved to NYC because they thought it was cool then left to that Colorado town. Pure locusts, NYC is filled with them. Listen to their accents. Those hipster types are a scourge here in NY to natives like myself which is why I embrace the rising crime rate lol.

@@AmericanRefugee212 Point taken. But when I lived in LA there were a lot of New Yorkers who had relocated and no one called them locusts -- just "annoying"

@@jimmywebb4429 The New Yorkers inundating the Tampa Bay area over the past year have completely ruined a once idyllic place to live. I was in the northern part of the county, full of farmland and open land. When Covid was in full swing, and NYC and NY state were locked down but Florida was open and functioning, south they came, in droves. They drove up , and continue to drive up astronomically, the housing prices. Traffic seems to have quadrupled in that short time, with a lot of accidents. Sometimes I'd see 3 per day. They brought their aggressive, rude, impatient ways with them to what was once a chill place to live. The area is completely ruined. I sold in April 2021 and left the area because of them. Of course, it was not only New Yorkers, but they are the loudest, with the most distinctive accents (them and the Massholes).

@@TS-rd7oy Sorry to hear that. It is just a no-win situation. Even in metro L.A., the old neighborhoods where generations of families had lived got pushed out by hipsters with all this cash. Unfriendly, expensive restaurants took over family cafes and bakeries, the little bar with the grandma who gave you free posole if you had too much to drink -- gone, replaced by a soul-less place that jams electronic music and sells thimble-sized cups of Belgian ale for $12. All the family businesses are gone now.

I wanted more from the workers and other people that are hit so hard. I wonder if they were afraid to speak up.

💯

It's been happening in northern Minnesota for 20 years on some of the pristine lakes rich people come up and buy these places build million dollar places property taxes go up in the old people can't afford them they're forced to sell

Something will change now that it’s happening to white people in bigger numbers. Soon it won’t just won’t be major cities with homeless problems.

My question to you guys- was your town faring ok before, or was money always low? Was life quite good, or just getting by?
I completely respect the disdain for the ugly urban living crowd, but I'm curious about the economic situation before

@@lazypops3117 we lived in a nice area in ca and had the same thing happen there! Very clean nice area which was the draw from LA and San Jose people. The medium house price is now 750k. The local jobs don't support that price! Only the people from the big city can afford that now. But then your loosing the people that created the town you vacationed at and love. The amount of people and the crime and homelessness forced us to realise this is not where i want to raise my children. When people move from an area that has those things feel its not as out of the norm as people who can see and know that its not normal at all. We moved in aug to an area out if state. It's a sad situation for everyone.

Unlikeable people invading.

The same thing is happening in Montana.

Same thing is happening in Miami

Bezos has a company buying up property rn…

Colorado is full! Everyone stop coming here. We don't want you and the locals will continue be rude af until people stop ruining CO.

💯

Right, that first couple were undoubtedly gentrifiers in New York... but, now want to act shocked that locals consider them to be part of the problem in Crested Butte. 😒

It’s been slowly happening in CO mtn towns for at least a decade and now COVID accelerated it.

LMAO yeah it has, for a long time as well.

Someone finally says it

Well... as someone who owns property, the tenant laws make it hard to rent long term. Go figure...

Bro I'm just looking for a tiny home honestly

@@luckysours8397 Same! Too bad the hardest part of getting a tiny home is finding a legal parking place. Go figure...Turning houses into hotels they allow...but there are all sorts of laws making it hard to build an affordable home for your self.

@@JohannesWOW Honestly, its a suburbia problem. Car ownership is a huge cash suck on many people's budgets, between gas, insurance, maintenance, interest, and depreciation (often an overlooked factor), but the way that we build our communities requires them to live. krplus.net/bidio/hNiCipxooqKUi2U
Land may be available, but quality land that leads to sustainable growth and development is not. Often times zoning and "best engineering practices" precludes the building of a quality downtown if it's not already in place, or expanding it in a sensible way. Instead of letting several homeowners pop out a reasonable apartment over a garage and earn rent that way, the folks with enough money to buy a second home are "earning" what the mortgage costs because they had the capital to beat the rush.
Apartment buildings don't have to be 20 story tall monstrosities or even a 4 over 1, they can be legally finished basements, converted garages, apartments on top of retail or other businesses.
My main shout out to Strong Towns if you like articles: www.strongtowns.org/qa-webinar
If KRplus is more your jam, check out Not Just Bikes and his Strong Towns Series: krplus.net/p/PLJp5q-R0lZ0_FCUbeVWK6OGLN69ehUTVa.html

I would argue the problem is people with 2 restaurants and some rental properties complaining they cant find people to work at minimum wage. Pay more for employees and they'll come, yeah it may cost you your 5th house, but so be it.

@@KippartRS people with 2 moderate businesses and a few rentals do NOT have 5 houses…. Your perspective is off my friend. People with 5 houses are billionaires. With jets. Who break HIPAA and commit insider trading for a living. And whatnot.

@@KM-bn7dg she openly said she had multiple rental properties. So her home, business and at least two rental properties. Would it really be a hardship on her to not buy a third and raise all of her employees wages so that a 40nhour week equals the monthly average cost of housing.
These are things people fought for in the 1800s man, politicians right and left dismantled the systems that stopped horse crap like what is happening today.

People suck

Well said.

That stuck out to me...made me chuckle that she sees being an opportunist "philanthropic". Maybe she needs to look up the definition. Lol

@@allymkbay especially when her "philanthropy" is renting houses to her workers at *less* profit than she could be making. No one with more than a single brain cell believes she is renting those rooms to her workers at a loss.

@@kid31989 She is certainly not making what she could be which by the sounds of it is vastly more. She is subsidizing employees accoms, but sure, that makes her evil. If she were not doing that, then none of those employees would be there and she would be out of business and no one in the city would get pizza....now that last part is what matters!

Prof Richard Wolff Monthly Economic Update

I agree, the only thing is the people who would buy them would likely be second homers or remote workers so either way the housing stock isn’t going back to being affordable for workers. So if that’s what they are trying to do, a ban on short term won’t achieve that. Perhaps they could give a tax break to people who house locally employed people instead? Off the top of my head idea. 🤷🏾‍♀️

Sleeping in the truck isn’t a problem until winter hits lol. Plus with more people moving in, others being poorer, all that leads to more crime and sleeping in a (nice) truck is a good way to get robbed even if he carry it’s still not very safe long term.

He wont be able to afford it anyway. I definitely don’t have a lot of sympathy for her, but I also don’t see much of a solution for him unless the town decides it needs to specifically subsidize low skill workers because they want to go out and get their beer and pizza. Being minimally employed in an ideal bit of geography isn’t a recipe for success. At best, people shack up together for a few years to enjoy the mountains until they decide they’d like so start accumulating some wealth or have mouths to feed.

@wally dog property taxes for non main residence homes.

I could live with her losing money and depending truly on the money she has.

seriously! like the nobles fleeing to the countryside during the plague

Simple solution if you don't want to pay the tax then don't buy the f-(

Solution: Build high density housing.
Home owners: !!!!!!!!!!!!!!!!!!!!!!!

You snooze you loose no sympathy here

@@vincentmontgomery9770 These Millennials are fools for not being born earlier.

I was thinking the same.

Thankfully illegal

It’s called the company town.

Yep. This exactly. This is such toxic behavior. I would avoid working for her.

Vertical pizzagration

"charities"

"charities" aka tax deductions

Seriously, thanks oh so much for the trickle-down.

It's obvious... not hateable...you are dumb...maybe if we force him to give all his money to the government it won't end up in hunter Biden nose and will benefit us all...direct charity much better....eat the rich? Educate the poor like you lol. Have fun staying poor!!

"It is immoral to use private property in order to alleviate the horrible evils that result from the institution of private property "