- Joined
- Nov 23, 2015
- Posts
- 834
The drop jaw sales seem to continue. This one blows me away because a friend of mine bought this and fixed it up not too long ago. I looked at it when it was a stinking trashed rental full of moldy pizza boxes, beer cans, and puke stained old carpet. View attachment 142792
(a) Not every industry is software engineering... just saying... there is a lot of competent people in the world that can do simple white collar work for a lot less pay. My point is that unless you live in the neighborhood exclusively populated by tech workers (like Mission in SF), you are still vulnerable to the changes in the other industries.
(b) A lot of tech companies pulled back their outsourcing efforts when they had software engineer teams in-house sitting shoulder-to-shoulder in the open offices. With all the disadvantages of that arrangement, team communication was a breeze. When your US team is scattered between Vermont, Breck, and Hanalei maybe that team communication is lost. Maybe now your Ukrainian programmers can zoom into your meetings just like the surfer from Hanalei, and with 6 hours time difference between Vermont and Hawaii maybe Ukraine is not that far either. If the baseline of what is normal in the US has changed, it is naive not to expect the world to react...
JohnL,
Saw 45 miles worth of newly installed fiber conduit between Davis and the east side of Moorefield today. With the Hyperloop and new fiber, maybe Tucker County, WV is the next silicon valley.
Years ago I was flying back to Bend after meeting with clients in the Bay Area (12 row turbo-prop) Someone asked about working in Bend....My answer "there are a lot of people working for minimum wage, there are a lot with money who don't work. There are 15 people with real jobs, and they are all on this plane"some interesting LinkedIn data, Bend tops among small cities: https://www.cnbc.com/2021/09/16/linkedin-the-10-us-cities-where-remote-work-is-most-popular.html
Competition tends to be good for consumers though. I think too much blame on the affordable housing issue is put on short term rentals. Yes, it doesn't help in many cases but do you really think banning short term rentals would really solve housing affordability to any significant extent?I can't believe the hotel industry has not done the same to limit vacation rentals. They sat around while a multi-billion dollar trend rocked the world, resort towns in particular.
In that people could get long term rentals, yes. Because right now they've got to go to another town entirely.
Breckenridge is in the process of adopting a limit on STR licenses for the primary stated purpose of creating more LTR for low income local workers. The only problem is that the town council has acknowledged the this change to the code will NOT create more LTR for the local low income workforce. Awesome government at work.I think that’s true to some extent, but it assumes that restricting a property from being used for short term rentals would result in it being offered for long term rental.
There are definitely some properties that would return to the long term rental market. But others would be sold (if owners couldn’t get the returns they’re seeing from short term rentals), or would be removed from the market entirely in cases where owners purchased the property for their own use and have taken the opportunity to rent the property out short term when they’re not around.
It depends on the town, but in many cases, I think the largest impact of restricting short term rentals would be to drive up the price of accommodation for tourists, reduce room availability, and as a result, reduce the number of people visiting.
Which in a roundabout way addresses the issue. By reducing the number of visitors, you also reduce the number of local hospitality and other jobs that are largely driven by tourist spending, and therefore the number of people looking for long term housing. So you probably put a few more properties back into the long term market, you hurt the local economy by reducing the number of tourists and drive out of town the people who’s jobs would have been to provide goods and services to those tourists,
So you’re you’re left with reduced employment and income for locals, but likely a better balance between available long term housing and the people needing it. Pick your poison.
I was thinking about asking Breck if I could work remotely from Grand Cayman this winter. Shouldn't be any problem to teach skiing remotely, right?
You may jest but someone is going to develop the Uber of ski instruction where remote instructors analyse the video you're recording on the hill and ping you back annotated vids or drill models or whatever. And how's VR going to operate monolpoly pricing against that? Nix cell service?
Baseball and golf have been doing this for a long time.You may be aware of this, but there is at least one very skilled ex WC coach who has been coaching virtually this way for 3-4 years. Has a number of athlete clients. Works with them….and their national federation coaches, so that nobody gets all torqued off.
He needs decent video, a tablet and a phone. Or maybe just the tablet. If you have a great eye {he dors} know the athlete, their normal setup, and spend some time with them on snow……much can be accomplished virtually.
You may jest but someone is going to develop the Uber of ski instruction where remote instructors analyse the video you're recording on the hill and ping you back annotated vids or drill models or whatever. And how's VR going to operate monolpoly pricing against that? Nix cell service?