Submitted by The_Idealist_Realist t3_11vuxq9 in vermont
clonezilla t1_jcvfoyh wrote
Reply to comment by Necessary_Cat_4801 in What will the future of Vermont ski towns look like? by The_Idealist_Realist
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.
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.
[deleted] t1_jcwz7xq wrote
[deleted]
Twombls t1_jcw9q3v wrote
You can't build your way out of an investor frenzy though
You need to ban airbnbs AND build
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.
Loudergood t1_jdasmys wrote
Airbnb is why half of those people are buying.
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