- Joined
- Dec 3, 2017
- Messages
- 26,290
- Reaction score
- 16,771
- Gender
- Male
- Political Leaning
- Progressive
Pandemic Home Buyers Drive Aspen’s New Gold Rush
The Colorado mountain resort town is part of a real-estate trend where home prices have surged as urbanites seek space and outdoor amenities.
www.wsj.com
Sales and prices jump as the Colorado town attracts urbanites from both coasts and Texas; some local businesses smell opportunity
ASPEN, Colo.—Prices have gotten so high here that a $1.8 million home late last year was included in an affordable-housing lottery by the Aspen Pitkin County Housing Authority.
That home has yet to sell, but plenty of others in Aspen have. The mountain resort town is part of a real-estate trend playing out in places such as New York’s eastern Long Island shore and in Lake Tahoe, Calif., where home prices have surged as wealthy urbanites look for space and outdoor amenities during the pandemic and while working from home.
===============================================================
Aspen has gold & silver rushes before but this one is very different. Very popular town, as is Telluride.
...