Submitted by No-Ganache7168 t3_127532i in vermont
Odd-Philosopher5926 t1_jeeupb6 wrote
Gentrification ruined housing prices.
No-Ganache7168 OP t1_jeg8lzc wrote
When we first moved to morrisville 20 years ago lots of people were buying village homes for $100,000 to $200,00 and fixing them up to live in. Meanwhile businesses were starting to open on the downtown. It did not drive housing prices up that much. That didn’t happen until Covid. That’s when people realized vacation homes are basically free if you can pay mortgage and other expenses by renting them on Airbnb. Stowe became too expensive for all but the Uber rich so people started buying up morrisville properties
Necessary_Cat_4801 t1_jeezq91 wrote
Anyone who can't see that "Vermont" is dead and gone is fooling themselves.
random_vermonter t1_jef1519 wrote
Too much negativity doesn’t help.
Necessary_Cat_4801 t1_jef2j57 wrote
To me it's reality.
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