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clonezilla t1_jcvex76 wrote

Whatever happens STR needs to be addressed appropriately. Them alone and those that invest in them are the biggest blockers for first time home buyers right now.

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Necessary_Cat_4801 t1_jcvf7fm wrote

The problem is vermont doesn't build near enough housing. We have the largest average lot size in America. Condos in Chittenden County now cost $400,000.

There's no fixing this.

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clonezilla t1_jcvfoyh wrote

I agree. Had several experiences last year looking to buy our first home where we were outbid by cash offers and then the homes were the AirBnB’d.

Can’t compete with cash offers as a first time home buyer.

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Necessary_Cat_4801 t1_jcvxrev wrote

VT either builds until it's not VT anymore or stays exclusively wealthy. Both options suck. The new VT also sucks.

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Twombls t1_jcw9q3v wrote

You can't build your way out of an investor frenzy though

You need to ban airbnbs AND build

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Necessary_Cat_4801 t1_jcz5who wrote

Banning air bnb and building is a start but I still don't see how any new housing isn't snapped up by the next person moving here from Jersey with more money than the locals.

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ANTI-PUGSLY t1_jd36pnz wrote

I've driven an hour south to Killington a dozen times this winter and see the same houses with dead Christmas wreaths on the doors for the last 3 months. Imagine having a ski home you don't even visit during ski season? Drives me crazy.

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