"If you can't afford to live here, leave" must be hilarious to the maids, groundskeepers, cooks & chefs, plumbers and all manner of service workers and working class who literally take care of these uber-rich dependents.
Some of these same people complaining said that same thing to young people and poor people in "blue" cities. They crap on those people because they think they're lazy and refused to see that rich folks make it hard for middle class and poor people in those cities. Now that's it's in their red state in their red cities, it's different. It's not funny when it happens to you is it.
Without the people doing the service jobs, there would be no coffee shops, restaurants,door dash, grocery stores, etc. Well, they should move - let the super rich do their own coffee service and door dash for themselves.
@@franknuzzo2576Stop being willfully obtuse 🙄 WEALTH HOARDING, UNION BUSTING, CORPORATE GREED & tax cuts for the rich by Republicans in Montana caused this, not the U.S. dollar valuation!
Blame everything on earth except Democrats passing two bills for $2.3 trillion, no taxes to pay for it, so they printed money. Expand the money supply 30%, get 30% inflation. Also called Bidenomics.
Yes this is a National problem but in Montana it is basically the worst and the standards for housing here are lower than most other places so for $2k+ rent you might not have heat in your bathroom or other insane stuff but there are no checks and balance and a lack of regulation leads to the wild west. But no vehicle inspections or emissions so why would you need heat in a rental (also no not temporary outages just no top bad not fixing for a on market rental)
That exact thing is happening in Canada as well. Construction workers can not afford to rent or own land near developments, so those developments have been halted. You either laugh or cry.
@@kylekotecha9931 not when it's causing homelessness at the rate that it is. One of my coworkers, who works 2 jobs and does Uber eats on her days off is now living in her car because rents have doubled here.
@kylekotecha9931 An another order of ceo treatment coming up! People are being pushed to the limits of society boundaries. Henceforth, the time on the global clock is under 29 seconds now!
@kylekotecha9931 lets be very clear. They are buying up land. There is only so much land. If they buy up all of the land they can charge however much they want and the rich will literally own the poor and already kind of do in certain areas in the us. No, land should not be an “investment” for the rich
At first i thought she much be joking or being sarcastic but no ..she wasn't. I wish her poverty so she can learn. I dont think she came from social housing.
@@Introverted_goblin_ agreed. Part of me wants to start a fund to help move these people out of state so the rich locals start to understand why is impartation to be inclusive.
Sleeping pods in San Fransisco 3' x 7' renting for $700 per month, fully rented with a waiting list. In the near future = a - Homeless b - Sleeping pod. c - Mansions
The rich are just smashing the rest of us. A long time ago a psychic named Betty Bethards said in the future the rich would take over the country. It's happened.
Colorado is the same. Priced out in 2019. Spent a decade there, working, paying taxes, thought I could root down - I was wrong. If you miss the random dips in the housing market, you are priced out forever. So much of your money becomes lost to rent, that by the time of the next dip (crash, drop in prices), you probably don’t have enough saved anymore for a downpayment, as prices and inflation have all gone up by then. The boom-bust economy is really not working for anyone but the wealthy and a select lucky few with an understanding of timing the markets.
Except Marie Antoinette never said it, and the original phrase came from a book by Rousseau in 1766. Also, the original phrase in french says brioche, which isn't cake, it's an egg enriched bread.
@@toomignon No one in the comments mentioned Marie Antoinette (except you), and brioche is close enough to cake for it to be a fair translation. None of this takes away from the obvious meaning: You are tempting fate by engaging in a wickedness of disregarding the starvation of the poor.
@ good Lord, I'm not defending it. I'm just pointing out a fact. The political writers of the time were trying to push this onto a girl who was 10 years old from a foreign country when the quote was made. It was actually xenophobic and misogynistic.
I am a relatively wealthy individual. But that woman's comment "If it is too expensive, choose a different place to live." boggles my mind. She is completely distanced from the realities of the lower and lower-middle class. I should note that I grew up dirt poor so maybe that gives me more perspective.
@@shirleyyoung1941 Bozeman and Kalispell are places to NOT go to. But you don't have to go far and it's totally different. A classmate of mine moved north of Whitefish to retire and is doing well.
@@lisalarouge6309 they would just open up those businesses and have their kids work there. And illegals all those California democrats all love so much. Like having slaves again. Am I right.
You must live in a state without public lands or national parks. Here, the Montana way used to be to support that, but our governor ran on not wanting the river not land use for his property and ran to stop access to preserve finishing water access rights.
This is America everything has a price. The governor has shown that the working class that voted for him to be in office are delusional. His allegiance is to the wealth that are moving their and pushing out the servants who cannot afford the rent.
The government owns most of the land in the western states. They've proven themselves to be poor stewards of the land they own, private land is managed far better than public land.
As someone who lives in montana who lives paycheck to paycheck, the housing prices only sky rocketed once all the out of staters started to flock here. The worst ones are the billionaires who own multiple mansions and only stay for a month out of the year
I live in an area where many people do the same. It amazes me how they want to be so cheap and rude to the people they rely on for everything. I’m a veterinary technician and these rich assholes talk down to me, how stupid can they be to treat someone who has their dogs life in their hands like shit. It’s the locals who are kind and thankful to me who makes barely enough to get by.
@@---jt5wg The locals are the best. Lived in central Montana for 15 years but had to move when the economy dropped out after 2008. It took until about 2012 to really hit Montana. Really miss it and have friends that have been priced right out of their homes in Bozeman. I agree with the policy of taxing people with 2 and 3 houses with an intense real estate tax - helps the local economy for something that is just sitting there taking up land for housing.
Every state's gone through this. California used to actually be considered middle class. Not anymore. My neighborhood was middle-class when it started but in the last 30 years more well-to-do people have moved here. Some of the people that have moved here have homes in several countries and it's made the cost of buying a home in this area unaffordable for most
Rent burdened , they spend more than 30 percent of there income on rent. WRONG ! That's 40 years ago , they are now spending 80 percent of there income on rent.
All workers "so poor they should leave" should stop working for 2 whole weeks. In Italy it's called scioperare, let's see how pretty their rich city stays
seems there's a small segment of these cities that are having problems, same as any city. Obviously someone is renting those overpriced apartments so there's jobs that pay in the area. Anyways, aren't they living in RV's? Seems a tank of gas in their tow vehicle can change things pretty quick.
Housing Inequality triggers a market crash or a financial crisis, it could send shockwaves through the stock markets worldwide. I’m worried about my investment of over $600K stocks. Is this a time to consider diversifying my portfolios?
If the housing market takes a hit, it might lead to reduced consumer spending and overall economic instability. I advice you consult with a professional about your investment portfolio to enable you to take advantage of the downturns.
I agree. Based on my personal experience working with an investment advisor, I currently have $385k in a well-diversified portfolio that has seen exponential growth. It's not just about having money to invest in stocks; you also need to be knowledgeable, persistent, and have the strength to hold on during market fluctuations
This is happening in every beautiful location in this country. Communities are lost as people have to move out, and the culture changes from “we don’t need much-we just love living here”, to “this is our showcase property-there’s no room for your kind”. It’s a nasty, entitled plague.
You're forgetting the third phase. The phase where they all abandon the houses once they can no longer sustain their communities due to lack of a service industry and affordable housing. That's what happened to the south. It's coming to it's conclusion in the midwest. You can find hundreds of videos of people exploring abandoned, destroyed McMansions in places like Ohio or Illinois.
Every single dollar multimillionaires and billionaires have is from consumers. From food producers to professional sports, we've paid for Everything they have! Let that sink in before paying $1600 for a concert ticket.
Prices are too high. With rates not subsidised in ’24 and mortgage still high , currently seeking alternatives to maximize savings without an RV move or taking a loan. I’m seriously contemplating the latter.
if you are looking to invest in the stock market, I suggest you Consider a fiduciary with mortgage-backed securities knowledge for guidance. Prices today may look like dips tomorrow.
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I’m in Ohio and the housing market here over the last 7-8 years is unlike anything I’ve ever seen. Homes that were bought for $130K in 2015 are now being sold for $590k. I’m talking about tiny, disgusting, poorly built 950 square foot shit boxes in quiet mediocre neighborhoods. Then you’ve got Better, average sized homes in nicer neighborhoods that were $300K+ 10 years ago selling for $750k+ now. Wild times.
Personally, I can connect to that. When I began working with a fiduciary financial counsellor, my advantages were certain. I got into the market early 2019 and the constant downtrends and losses discouraged me so I sold off, got back in Dec 2021 this time with guidance, Long story short, its been 2years now and I’ve gained over a million dollars following guidance from my investment adviser.
This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation.
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’ Carol Vivian Constable” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
So true. I was born and raised in Bozeman. People are so rude. I now live in Virginia city...Population 250. I see a shift coming this way. Butte is also a great place...for now.
@ Montana is chock full of gop supporting millionaires and ranching/farming land millionaires. The liberal left are not buying up the state. It’s already owned by the wealthy conservatives, and has been
Yes, it’s frustrating we aren’t talking about seriously on the federal level. Get private equity out of home ownership. Or admit you sacrificed the American dream for personal gain. Congress people gain millions while citizens suffer. Nothing to see here.
You should look at the tragedy of what hurricane Helene left behind by flooding in parts of FL, SC, NC, VA, TN and KY. The government has already refused tiny homes to people whose houses are completely washed away because they're "not safe" yet they're allowed to live in tents (it's 30° right now. And for the few that may be able to afford to rebuild, insurance of course, denies claims, and new buyers, well flood insurance required (even though it's NEVER flooded there in anyone's lifetime. And, that leaves rich people from other areas coming in for that million dollar Smoky Mountain view.
@existentialhangover1124 The government is to make money by any means feeding the 1% while working the rest. I've never ever benefitted from a conflict ever. All under the pretense of national security. National security are the wealthy elite who dictate the politicians who have all the valuable information for insider trading, they make the laws . It's economic slavery . It's an Ant Farm 99% of humanity are worker ants.
Grateful for your coverage! As a Montanan who can’t afford housing here anymore, I truly understand the need to expose this issue and what Gianforte and others have done and continue to do to increase the disparity here. We want our Montana back!
It's funded by property taxes which is set by property values. So it quite literally is. Look what Bozeman has been doing, they built or totally renovated like 3 new public schools just in the last 5 years.
@@gorkyd7912 Three schools in five years? Cut me a break. That place has gown a hell of a lot bigger that just the need for only three schools. Stop blowing smoke up your dillusional skirt. I live in Idaho and it is just as bad as Montana with their lily white, extremist and money grubbing corruption from the wealthy that have killed the middle class. WAKE UP AND SMELL THE COFFE!!!!.🤬🤬🤬
@@gorkyd7912 And the public schools are always asking for more money here in Bozeman, and the rich newcomers keep voting for the higher tax rate every time the last several years.
I’m in Montana. it’s what we get for having the best government money can buy. There is a more humane way than to sell off to heartless outsiders. But politicians would have to be brave. And smart. Which they aren’t.
Once we were convinced that graft is just the way things work, we lost any chance to fight back through politics. Neither wing of the Republicrats Party has any reason to work for us because they have complete control over every election.
@@CanadianWolverine You wouldn’t believe it but I have been doing that very same thing, and just like them, I don’t expect you to even think it’s possible.
Politician are bought by the super wealthy and invest in PRIVATE Equity to hide their greed, and exposure to what the hell they are really doing. tRump was bought up and is still being openly bought...Harris too, so we all loose unfortunately, because of Citizens United made money in politics and now our country is shit. The title of that bill should have been Citizens LAST, wealthy first.
There’s nothing private about corporations. They are government sanctioned entities. Corporations should not own property. Only people have God given rights. Corporations have no rights therefore they have no property rights. We need to go back to a family based economy instead of a corporate based economy. In a free market there are no corporations because the government doesn’t charter corporations in a free market.
it's not a coincidence. it's called predictive programming. the elites do this purposely to show us their plans while passing it off as entertainment so people won't catch on easily or so people will think it's just a silly tv show. one of the reasons they do this is to dangle their wealth and power in front of our faces, while laughing all the way to the bank. they get off knowing the majority of citizens will think it's a coincidence when their tv show plot comes to fruition years later.
Except the biggest fans of the Yellowstone show are the ones voting in the people who are selling the state to private equity. They are screwing themselves while thinking they are tough cowboys. The billionaires couldn’t pay for better propaganda than that show.
@@hypothalapotamus5293 Every dude want to be a cowboy cop and rich people will pay 100k for a old Ford that's refurbished and then buy 2.5 million ranch... And pretend to be a cop or soldier by having assault weapons.
She'll whine about people not having stable housing until local legislation makes it illegal to camp, sleep in public, etc and arrest people without anywhere to go. Then, ta-da, cheap labor!
I am a Ski Lift Electrician at Big Sky and living this first hand. We have access to some employee housing but it is insuffecient and if you dont get in you need to live in bozeman and commute over an hour everyday.
I know her. I think they took her out of context she's a local. She must have been quoting the rich because their family is not a transplant. They are hard-working Montanans
@@jackthejoker6330 Rich people have co-conspirators in the vast majority of white people who would like to fantasize they are better than other people.
There are homes all over the country that are move in ready for under 250k. Will you be in the city? No. You might have to commute 20 or 30 minutes. I dont feel for anbody who says they wont ever buy a home. If you can afford rent, you can afford a mortgage
What a bunch of leftist entitled crap. “I deserve an affordable Ferrari!!” “So I mow lawns… why can’t I live in Malibu? That’s not FAIRRRR! It’s those evil, normal, working Republicans’s fault!” The left’s sense of entitlement knows no limit.
Your simple post is classic of the sort of problem with the US today sadly. I bet when those miners organized years ago they had pretty good common sense and knew right from wrong. Today that has been turned on its head where highly uneducated people (trump love's them) vote against their own interests.
I live in Helena Montana. You are right on about everything! One of my sons worked at the Big Sky resort as an electrician for a few years, was too expensive to live close by, and commuted to the resort. All my children have great careers but cannot afford to buy a home or even live alone
Of course I bet your are democrat for voted for Andy Hunthuasen and Candy Payne both of whom passed land use regulations that drove up the price of housing.
@@jeffsmith9420yes those local regulations are a major problem and the D party tends to make it worse! Unfortunately, highly restrictive local development rules can very often be found in politically conservative exurban/suburban jurestictions too once they get more developed.
Imagine a state with so much empty land, and people living on the road. This is a man-made problem entirely and would be impossible to explain to another species.
Totally a man made problem! But I’d caution against the “empty land” idea - it’s not empty. It’s ecosystem. It’s critical habitat. It’s where our non-human relatives live.
@@melissainmontana5197 unfortunately, as we know, so many that live in more urban areas don't understand the importance of that. I'm sad and scared for our Montana and our public lands.
@@hhjhj393 The need for any sort of rebellion against the filthy rich last came about in One Nine Seven One when Lewis Powell circulated his memo for corporate capture through the judicial branch.
I believe the retirement crisis will get even worse. Many struggle to save due to low wages, rising prices, and exorbitant rents. With homeownership becoming unattainable for middle-class Americans, they may not have a home to rely on for retirement either.
Consider buying stocks when the economy is not doing well, like during a recession. It could be a chance to buy them at a lower price and sell later when prices go up. Just keep in mind, this isn't financial advice, but sometimes it's better than keeping a lot of cash.
Accurate asset allocation is crucial. Some use hedging or defensive assets in their portfolio for market downturns. Seeking financial advice is vital. This approach has kept me financially secure for over five years, with a return on investment of nearly $1 million.
The housing market has always had its ups and downs, but it's true that this time feels different. Having a portfolio manager will save you a lot in the market. My coach has helped me expand my portfolio by 200% over the past few months.
I lived at Big Sky from 89-93, as a ski bum/resort employee. It was clear to many, even way back then, that the place was quickly becoming a club to which regular folk did not belong. I moved to North Idaho, and the same is happening here. It just took a couple more decades to manifest.
Which is why MAGA won with such a landslide victory 2024! Cut taxes! Cut government spending! Stop robbing the lower and middle class to enrich the money laundering of the Federal government!
When your workers can’t find a place to live then how are these ultra-rich going to do if nothings open in “our” town. They kicked me out back in 2019 when my $20 an hour job wasn’t paying the bills. How are people even finding workers to work in this town for such little wages.
they use immigrants... illegal or legal who are tied to visa with a company. It will make easy to pass working laws, maybe some are getting even governmental support and that gives them possibility to work for less , bring down the wage even more and of course take advantage of those people they use (one could call it almost modern day slavery.... I wouldnt of course). But dont worry, they will not miss us.
Jackson Wyoming is just like this. I took a temp job at restaurant for a summer. I had a sleep in a RV because the rent was too much at $14 per hour. I saw private jets, rolls Royce cars. When my uncle passed away he left me a Chinook RV which I did live in for 2 years. Wyoming and Montana are beautiful places with wonderful people. One wealthy woman did donate turkeys for Thanksgiving for a bunch of us she said it broke her heart to see people struggling. She also opened a hotel she owned to allow us to stay during the end of summer has in late September.
@TheLettersJ No, i'll refuse and plus im not willing to pay more then 100 a month for property tax as i live in apartment with a very small amount property so no I'd just refuse
The funny thing about mountain towns pricing people out is the fact that most ski resorts operate on leased land from government owned lands. You want to end outside money ruining towns, revoke the license to operate on public land. Skiing and the beauty of the mountains is for all Americans not just ultra rich that stay there for 20 days a year.
Damn straight, I skateboard in the summer and I love that I don’t have to pay a dime to go somewhere to skate. The fact that these resorts want to price so many people out of skiing/snowboarding is a shame
Honestly the fact that the federal government owns so much land is itself an injustice. Why should the lease fees go to the federal government when the cost of tourism is borne by the local community? If this new Bozeman mayor had more land under city control he could offer it for free to developers that build new housing at affordable prices for the average worker.
Unfortunately big sky is operated on private property. While yes many resorts operate on leases and simultaneously price gouge the problem really relies more on giofortes shity governing. My rent in Bozeman is actually absurd and as the video discussed the resorts no as much the problem as is the government
Disagree. That would only work if you sell Lang to developers under very strict rules that they will still likely try to worm their way out of. Much better to have lands in government hands and allow everyone access to use those lands.
This is the exact same thing happening to the Raleigh-Durham-Chapel Hill area here in NC. Stop calling it the best place to live year after year. Homes went from 90-150k to 550k+ and as a healthcare worker getting 2.5% raises every year it’s just laughable and unsustainable to continue to live in a high cost area
I’m blessed to have grown up in the Yellowstone River Valley fifty years ago. It was a paradise for poor kids then. We fished and hunted and actually lived quite well. Now I live in a cheaper southern state like so many of my peers do. We were blessed and lucky to grow up there - we saw the night sky from the top of the Beartooths before all the air and light pollution. Skiing was cheap and ice skating was free. Cheers!
I’m glad Boomers got to live! You all had it the best. I wish we could all experience that for at least a day. Sucks that corporations are ruining this world
@@aracelimalone1167I'm a history buff. I can assure you. This will be a future case study for what, "not to do" via aging out economically, politically and socially. Not only did they have it the absolute best any generation has ever had, they don't seem to want to relenquish power, that's why it's getting wonkier and weirder every year. More conspiracy and nonsense hero prosing. Absolute stagnation in terms of real policy and politics. It's all this theatre now. About how they're gonna save the west, as they slowly morph into their pro segregationist parents, without a hint of self awareness or irony. They'll try to shove their nonsense down our throats as long as they can. It unfortunate they lost themslves. At one point they used to see the world for what it was. A place full of people, all worthy of love and care. It's cartoonish how far from that they currently are. I would say I'm ashamed. But it's well beyond that. I'm a moderate millennial. I think 9/11 made us older millennials actually value what we have, had. No sexy movement for us. Just real patriotism. No fancy drugs and rock and roll era that segaays into a decade of rampant cocaine abuse and pro greed cronyism mentalities. And it gets worse every decade. I'm starting to realize they've only ever known facades. The hippie stuff was clearly a facade, as was the off grid, green, anti-corporate, egalitarian stuff. It's all a facade just like the acab left and maga. I couldnt be more disappointed in my country.
So you enjoyed it and now just accept that it has been stolen by the corporations?...Wow...thought your generation stood for something...Enjoy your nap.
@aceous99 would you rather have multiple independent wealthy civilians or just a government that owns everything?? What would offer you better opportunities??
One thing the video didn't address was water. I live in Bozeman and in the Gallatin Valley for most of my life. Bozeman's water supply is fed by a reservoir and now since the population has grown so much, the water supply is not enough. WE KNEW THIS COULD HAPPEN OVER 20 YEARS AGO! I am so sick and tired seeing ads promoting how beautiful Bozeman is and then passing by 100's of campers on streets unable to afford housing. It really seems like everyone in power; from the governor to the local city council, are profiting from the injustice that has plagued the state as a whole.
You see this in little beach towns along the Oregon Coast. Everything is turned into short term rentals, the houses, apartments, everything. No one can afford to live there... And so the local businesses can't find enough people to work in the shops or restaurants. This isn't tenable. We need national rent control. People need a place to live.
It's all up and down the east coast too and it fucking disgusts me. Someone finally figured out water and real estate are the real money makers and have been buying them up as fast as possible preparing for this to be the case. That scene in Ready Player One where The Stacks are just RVs and Conex containers stacked 20 high, I'm increasingly afraid that that's a real future here.
I’ll say it again: the measure of success for a gov you vote for shouldn’t be the color or “owning the other side”. It should be: am I better today than I was when this gov came in? If the answer is no -> vote them out! I spoke to an older guy from Kentucky that was working with me boat repair/cleaning in Florida. My conversation with him was very odd bc I was a 20 year old kid with a different world view. I kept asking him why do you keep repeating the same patterns in these communities (voting for the same people often against your own interests, doing the same thing your parents did as a profession, making the same mistakes over and over). And all he could say is “the libs are a bunch of idiots and are gonna sink this country”. Never understood that mentality where you much rather be a modern day slave than perhaps have a better future for the next generations to come. I’m not saying that “voting liberal or conservative” is gonna do that, but if you are worse off than your parents or grandparents were… then change it up buddy.
Membership now costs $600,000 requires you to buy a house in the club or land with a plan within X amount of years to have a house built. On top of that the yearly fees are about $25,000-$100,000 more a year. I work in the club fairly frequently and the stuff you see up there is insane money means nothing to them.
The billionaires are pushing out the millionaires, right? The ultra rich running around the Big Sky area don't care how much anything costs. They just want to know how fast you can get it for them.
It's a world of rather obscene perversions when it comes to money. The members never ask the price, just "When can I have it?" for anything they want. This all happens behind gates and fences. Wouldn't want the Great Unwashed to see how we conduct ourselves, would we?
I'm from Rhode Island and i can barley pay rent. Apartment are 2k a month utilities not included and house that normally would sell for 250-300,000 are now selling for like 500-750,000 and these are tiny places some under 1,000 sq ft. Its insane everywhere in the US. The rich need to be taxed and private equity should not be able to buy up properties and jack prices up.
Funny thing is, some of the ones who complain, about rising costs, are the same ones who sold high. My family lives across from a woman who wanted to sell a piece that's next to us which our road easement runs through. The realtor told her she could get 90k for it, she offered it to us for 80. 13 acres, 2 acres usable, no house, no utilities, 80k. No one in our family could afford it. She sold it to rich out of staters from Pennsylvania, nice folks. but just saying, before you blame the rich out of staters buying up land, look whose selling it to them. They don't have to sell it at that price to people out of state, they could sell it lower to people who live and work in state, but no-one will. Because just like big corporations, everyone wants more money.
Do you want more money? You could sell your items for less I’m sure right? Tell your boss tomorrow that you would like to work for a dollar less an hour and have him donate that to your favorite local charity. You won’t…
I would love to sell my home to locals and at a reasonable price the problem is I need to sell as high as possible to pay all the taxes and still have enough to cover buying a place to live somewhere else. And I’m not talking a brand new home with all the bells and whistles. I have several people who want to buy it but I can’t afford to buy another place to stop the cycle. It’s not about greed, I need an affordable place to live too. I was stationed in California. I’m originally from Texas. I want to go back home and can’t find a decent place to live! I’m not selling my nice house for peanuts so I can go live in a shack somewhere else.
This is a great documentary. Thank you for shedding light on such a sensitive issue. I love passing through Montana on summer trips and have been very surprised how much just a night of stay.
Why cut taxes for the rich when they can afford to pay more? Twenty five % for the ultra wealthy is much different than 25% for someone who makes less than 75k. I am terrible at math, but even I can crunch those numbers. People are barely hanging on while holding 2 or 3 part time jobs. They can't afford healthcare and they can't afford to get sick or injured. Also, I would like to know more about the life cycle of Superfund sites. From what little I know, it's essentially the safety net for polluting companies to protect their profits by externalizing cleanup costs and making the American tax payer cover it. There should be some basic requirements, money put into escrow for the cost of cleanup, regardless if the company closes shop and moves o or goes bankrupt.
yeah well, this is happening everywhere, and its disgusting. this is what we get with ridiculous wealth concentration. meanwhile the Native Americans are laughing at capitalism eating itself, while also mourning the destruction of what used to be sustainably managed land. welcome to the new gilded age kids.
True. We need a Gandhi-like uprising. Instead of making our own cotton, we need to grow our own food andlive in community with each other to make housing cheaper. Screw the elite and corporate interests. Let's take our country back.
You should do a piece about places like Aberdeen, WA where a single ultra wealthy person (Emmert) bought a majority of the commercial real estate in the economic opportunity zone just to hike up rents and force local small businesses out just to have the properties sit empty while they are used as tax shelters. At least half of buildings in downtown Aberdeen are empty. This man owns about 40 properties in the county and most are empty.
This is so tragic to hear. It isn't like Aberdeen has people lined up to move to this wet side of Washington state. Loss of retail businesses in small towns causes such an economic slump.
Capitalism prioritizes profits and corporate growth above the well-being of people and the planet. The priorities of policies, regulations, and laws matter.
Capitalism has raised more people out of poverty than any other system in history. It's the reason you have your phone, computer, medicine, hospital, automobile, and a thousand other amazing things that make life better than ever before.
Unfortunately our government does what the big corporations want. Taxes, regulations, permits etc are to help the big corporations and hurt the mom and pop businesses. We need to go back to a family based economy instead of a corporate based economy. In a free market there are no corporations because the government doesn’t charter corporations in a free market.
@jl8942 I agree. The only reason capitalism has not already collapsed this country is because after the stock market crash in 1929 people back then were smart enough to realize why it happened and set up strict regulations to keep it from happening again. Then shortly after the recovery was happening WWll started. When the war ended the middle class was strong and thriving because of those regulations on capitalism such as tax codes made it virtually impossible for billionaires to exist. It is estimated that during that time there were only about 6 billionaires and their money came from inheritance. Fast forward to the mid 1970's when the regulations started being loosened slightly due to the laws being changed where politicians could start accepting money from corporations and the rich. Then came ronald reagan who engaged in large scale Union busting, deregulated almost everything and normalized politicians being legally bribed. Then citizens united in 2010 which is one of the most deceptive names ever allowed for politicians to completely sell themselves for legalized bribes. After that it has been a free for all for everyone who can afford to bribe politicians. Wall Street, banks, private equity, corporations, and every other ultra wealthy person has been able to do pretty much whatever they want since then. Now there are 801 billionaires with combined wealth of $6.22 TRILLION dollars. All of that accumulated wealth in the hands of so few has been taken directly from working class and poor Americans through unregulated capitalism and it will not end until they have it all and we have nothing.
@@wadebuck69 You need to get a refund from your Marxist professors. They are the unmerited wealthy who robbed the poor and working class (you). Worthless university professors who make nothing and contribute nothing and couldn't nail two pieces of wood together. They have no value outside of the fake candyland world of the university campus. They pillaged you good. Capitalism WITH LESS REGULATIONS is the solution because wealth is created, not just redistributed. It is possible and common to gain wealth by enlarging the economy and nothing is taken from anyone. If you hate capitalism so much, please do the right thing and stop using your phone, computer, automobile, wi-fi, and medication and travel immediately to one of the Third World sh*tholes that follows your logic.
Iam not from America but almost all major cities in India this is what already happened.... Locals simply lost everything except their clothes on their own body....
Well in India asset class and investment pool is far less so it's understandable that wealthy prefers real estate in proper location to park their cash but in US there's so much avenues so I don't know maybe QE is responsible for this widening gap and endless encroachment in housing to land to water and what not...
@@hibudy slightly u r correct bcz asset class is always there in India.... They come from politics, old dynasties and bollywood and their peripherals .... I agree these class dont invent anything like many done in west but they multiply their assets largely these ways. U cant buy a house in Mumbai but u can buy a house in Athens... Thats the inequality in India...
America is 50 plantations filled with wage slave tax cattle. If you are not a millionaire at least, you are a servant in the servant based economy. No home, just rent. No car, take a bus. No family, cant afford children. No future : only slavery & the grave.
I was in home depot last week in Kalispell. A lady in line was complaining about the wait to buy items and said that “big mountain residents should have theyre own line”. I could not believe what i heard. Some of these people dont care. They believe that the money they have should afford them the ability to be above the rest. I too would like to become ultra wealthy and cannot wait to continue living like a regular human being. We all bleed red 👀
I am very surprised that you could "not believe" it and I imagine at some point that special line will appear. Here in my mountain town, the local Urgent Care Center has a $400 per year "jump the line" so that the part-timers from Texas and Arizona don't have to wait in a first-come-first-serve situation when here to ski or for the summer "mark-up" season. Gotta say...money talks and your ass waits.
There was a lady on the shuttle at Glacier who was staying in Whitefish and she was the most insufferable person to have on the ride. While everyone else was appreciating the views she spent the whole ride yapping about her school system in texas.
First of all, you're wrong. The previous governor was Democrat. Bozeman's leadership is Democrat. The current Senator since 2007 is a Democrat. Secondly, what's happening to Montana is people are moving there because it's a great place to live. If you prefer Detroit just go to Detroit.
It’s most always the lefty’s fault. Lefties love to give more power to the government, not understanding that the government makes back door deals with these developers and gives privileges to the mega corporations that are gobbling everything up. You can bring a corporation to its knees by choosing not to buy its products. But there’s nothing you can do once the force of government gets involved. Then the government uses the corporations to do its bidding. Get government OUT and most problems will be solve d
@@gorkyd7912 California elects Republican governors and mayors and town councils (etc.), too. Still a bit of a stretch to go from "people from X party get can elected" to disproving that there's a party in power. (Also, states have two senators, right now it's Tester (D) and Daines (R) in Montana, and Tester's probably out for another R, Sheehy). Here's another way to look at it: How many times, in the last two decades, has Montana cast their electoral votes for a D candidate? (It's Zero). Three decades? (Still Zero). Gotta go back to 1992, all the way to Bill Clinton, and then before him, Johnson in 1964. 60 years ago. It's pretty "red" overall.
Actually, there are 2 senators and one is Republican so the split vote buries us. The house was Democrat for a very short time otherwise we are Red. Deeply red. There is a tendency for urban dwellers to vote blue so we are getting a little more of that in the bigger towns, but those blues who can afford the bigger towns are RICH (some are ecologically blue, but haven't figured out the fiscal blue part) so they are not concerned with the have-nots. They know they can always buy their security.
"If Bozeman is too expensive to live in, chose another place to live". This has Marie-Antoinette's "let them eat cake" energy, when she told the starving population of France to simply eat cake.
Pretty sure it was in response to Bozeman passing a 30 day urban camping permit. $25 and you can camp on any city right-of-way. The Bozeman way don't solve the housing issue just make money off it.
@@dukelawrI totally understand your point but I do wanna say that the majority of Montanan cities voted in favor of Tester. It’s incredibly tough when roughly 1/2 of your population lives in rural communities where issues like this are virtually non existent its obviously hard for them to relate to our struggles, your damned if you do and damned if you don’t in this state, you either have to appeal to the city folks or the rural communities and there’s always been a huge disconnect between the two politically. Not to mention the huge influx of conservatives who moved here from around the country post Covid, which totally screwed us. I can assure you those of us who are facing the brunt of the gentrification voted overwhelmingly for tester, but unfortunately our votes were suppressed by the previously mentioned conservative out of staters & the rural communities. I get that It’s really easy to say “they voted for it so idgaf” but your completely overlooking the 45% of us who voted for tester, the election was relatively close with tester losing by 7% or 44k votes. I promise you most generational Montanans didn’t want this outcome but unfortunately the rich out of staters overshadowed us.
I’m so glad to see SOMEONE talking about this. I live in a different state now but grew up in Bozeman. I’m seeing tons of people who lived there my whole life having to move because they just can’t afford to live where they’re from anymore. It’s so sad.
@@SeaJay_Oceans ha, well…nobody really wants to live there, right? Housing instability is a real problem: even up here in snowy Canada - people sleeping in tents in parks, under bridges, wherever. ALL lower income rentals are being bought up and torn down and redeveloped by foreigners and foreign capital. Reverse colonization, tbh. The wheels just turn and turn.
@@SeaJay_Oceanswhy? Why would you remove people from THEIR land? Are you insane? Seize the properties from the rich, they can go invest where it's really needed
Whaaat? And have the gullible and brainwashed call us socialist and communists? Not going to happen when the wealthy know the secret of finger pointing and blame shifting.
They won’t you gringos are too scared of change scared of a new way to do things scared to stand up to republicans or democrats if you gringos ever stand up and have a Conscious Revolution I’ll love to see it cause they had one in Mexico and took effect in 2018 and it’s continuing now
One of the few MPU vids showing solutions: 1. raise the resort tax and tax on 1% 2. Tax short term rentals 3. Raise property taxes on second homes All of that raises money for govt, but no guarantee of it going to help anyone. All of that extra tax money should get channeled to creating affordable housing in the resort towns that requires that you work there
@@SeaJay_Oceans I've wondered about this issue. I'm from a mostly-rural community that's a tourists' playground. For nearly a decade I've wondered about some properties that have collapsed homes on them, no one ever seems to use the land. I doubt developers would want it because it's not near the lakes / town. So why do people sit on these forever? Working class people can't afford the new builds, but redistributed land (or something along those lines) could help people build something that suits them. Or even something like a cottage court community of friends/family. I heard a town in Canada did this because they realized they'd get new tax payers, entrepreneurs, local homes for people already working in the community. If I recall correctly, the rule was you had to live there for something like 80% of the year and couldn't sell for five years. I hope all people who benefitted from the 'nearly free lot' lottery actually stay there for longer.
Taylor Sheridan, has brought to the world the amazing beauty and cultures of Montana and Texas. His shows will be watched worldwide for generations….. Taylor, you’re unsurpassed in bringing attention of both of these great states to the world? Thought I’d save you some time by letting you know WE HAVE NO COWBOYS IN VERMONT and you may own more horses than we may have in our state. A series about Ben and Jerry would be interesting but not as much to the world as your focus on Texas and Montana has created😉 Keep up the Good work!
I live in Reno NV in a HUD complex owned by USA Multi-family Housing. They are based out of Roseville California. They own 18 HUD complexes in Nevada. I am a disabled senior whose yearly income isn't even $12k yet they are charging me over 50 percent of my monthly income for rent. I've been here over 3 years. My rent should be $300 a month. Please complain about this incompetent company who is abusing seniors! Thank you!
You need to start organizing your community to vote for progressive policies that will cap the price of rent. Red states always leave the people to suffer open your eyes!
Affordable housing for workers in sought after locations has been an issue across the country. The only way people in power can help is for them to back subsidized housing.
@@jdc8352especially now that everyone has voted against their own best interest. There isn’t a single republican who gives a shit about this problem and that’s a fact.
Welcome to every mountain/ski town in the US. Same here in Tahoe but its bay area techies driving the hollowing out of neighborhoods. Just saw half a dumpy duplex for $2200/month + deposit + utilities. Once the problem starts, it MUST be handled with local laws but easier said than done. Because the people who ARE the problem insert themselves into local politics and game the system.
Yes! Here in Miami I once had a local guy running for a city position talk to me. He owned a contstruction company. He said there were too many regulations for developers! Guy straight telling me why he wants to get into the city government to change the rules in his favor!!!!!
Okay... so you own this duplex and a realtor approaches you with an offer about twice what it's worth... for cash, so no Closing Costs. You sell it and become an instant millionaire. Who wouldn't do that if they could? Some of this could be fixed with income and property tax revision, but where is the commission to study the problem and recommend solutions? Montana is All Red Everywhere now, so not fixing it belongs to the Republican Party. I believe it will be a cold day in Hell before the Montana State Legislature does anything to fix the tax problem - or at least the part of it that originates at the state level. A huge part of the property tax dilemma is the fault of the cities and counties.
Reminds me of Park City and Moab Utah. What I find crazy about these places is how shallow and ugly rich tourist playgrounds are. There's the bones of an elegant functional city in there, but they're built upon and surrounded by the most soulless suburban-style buildings, stores, and people, folks with waaaaay more money than taste.
Born and raised in Montana since 80,, this was happening in the mid 90s as the rich Californias moved up and starting building big houses and completely changing the real estate and eventually the local economy. Aka, if you didn't have money to afford a home by 2010 you left Montana. I left in 2013 and never going back
I have noticed people living in trailers around ski areas all over the West, and in small towns in Utah. I am really happy that you covered this. At Mammoth ski area, I heard middle aged ski instructors talking about living in the forest in winter.
Same story in Jackson hole Wyoming. I work as an electrician in that area and most people commute ove the pass from idaho and typically from a city thats already a hour and a half away from the pass, which is a half hour drive already.
"If you can't afford to live here, leave" must be hilarious to the maids, groundskeepers, cooks & chefs, plumbers and all manner of service workers and working class who literally take care of these uber-rich dependents.
Some of these same people complaining said that same thing to young people and poor people in "blue" cities. They crap on those people because they think they're lazy and refused to see that rich folks make it hard for middle class and poor people in those cities. Now that's it's in their red state in their red cities, it's different. It's not funny when it happens to you is it.
She knows they can't afford to leave even if they wanted to.
Without the people doing the service jobs, there would be no coffee shops, restaurants,door dash, grocery stores, etc. Well, they should move - let the super rich do their own coffee service and door dash for themselves.
This is really nothing new, the same thing happens on the east coast and in other places. For example: Nantucket.
@@Bdamazyn Maybe they can move ordinary citizens to reservations, like they did the native Americans.
This is a nationwide problem. Unchecked greed, private homebuyers competing against massive corporations and foreign investors.
Stop supporting so much government spending if you don’t want the dollar to lose its value.
@@franknuzzo2576Stop being willfully obtuse 🙄 WEALTH HOARDING, UNION BUSTING, CORPORATE GREED & tax cuts for the rich by Republicans in Montana caused this, not the U.S. dollar valuation!
Blame everything on earth except Democrats passing two bills for $2.3 trillion, no taxes to pay for it, so they printed money. Expand the money supply 30%, get 30% inflation. Also called Bidenomics.
Yes this is a National problem but in Montana it is basically the worst and the standards for housing here are lower than most other places so for $2k+ rent you might not have heat in your bathroom or other insane stuff but there are no checks and balance and a lack of regulation leads to the wild west. But no vehicle inspections or emissions so why would you need heat in a rental (also no not temporary outages just no top bad not fixing for a on market rental)
Ding, ding, ding. I’m about to colonize Niagara Falls because home prices are sane (on the US side at least). 😂
"Choose another place to live???" Who will buss your tables? Serve coffee? Deliver mail? Teach school?
they are developing robots to do this and the best thing is that they don't talk back!
That exact thing is happening in Canada as well. Construction workers can not afford to rent or own land near developments, so those developments have been halted. You either laugh or cry.
It will still be them. They can all just live together to split expenses. We’ll call them the evals quarters.
Teslabot!
@@aceous99 Need people to fix the robots, write code, and make the software patches. Machines need maintenance...
Private equity companies buying up residential housing should be illegal PERIOD!!!
Why? Is it not ok to invest in real estate in your opinion?
@@kylekotecha9931 not when it's causing homelessness at the rate that it is. One of my coworkers, who works 2 jobs and does Uber eats on her days off is now living in her car because rents have doubled here.
@kylekotecha9931 An another order of ceo treatment coming up! People are being pushed to the limits of society boundaries. Henceforth, the time on the global clock is under 29 seconds now!
@kylekotecha9931 lets be very clear. They are buying up land. There is only so much land. If they buy up all of the land they can charge however much they want and the rich will literally own the poor and already kind of do in certain areas in the us. No, land should not be an “investment” for the rich
@@kylekotecha9931no it’s not. You don’t need to use housing as an investment vehicle.
Housing for profit is stupid.
That woman telling people if they cant afford to live there they should just move away got my blood boiling
How shortsighted can they be? Guess what happens when everyone leaves. No one will make her overpriced coffee. Or, serve her at a restaurant.
I've never called someone a bitch so fast🤦
At first i thought she much be joking or being sarcastic but no
..she wasn't. I wish her poverty so she can learn. I dont think she came from social housing.
@@Introverted_goblin_ agreed. Part of me wants to start a fund to help move these people out of state so the rich locals start to understand why is impartation to be inclusive.
@@Introverted_goblin_Their elitists minds have to learn the hard way.
This week in "America building playgrounds for the rich while the majority suffer" they cover Montana.
Thanks to Bush tax cut more become millions Trump tax cut more become billions. It show who Republicans work for.
Sleeping pods in San Fransisco 3' x 7' renting for $700 per month, fully rented with a waiting list.
In the near future =
a - Homeless
b - Sleeping pod.
c - Mansions
The rich are just smashing the rest of us. A long time ago a psychic named Betty Bethards said in the future the rich would take over the country. It's happened.
@@afriendtoo6971 Is this economic point in Human Existance,
where the Trotsky or Abbie Hoffman type Dude appears?
@@afriendtoo6971 no one make them live in such an expensive state...move to a less costly state...
Colorado is the same. Priced out in 2019. Spent a decade there, working, paying taxes, thought I could root down - I was wrong. If you miss the random dips in the housing market, you are priced out forever. So much of your money becomes lost to rent, that by the time of the next dip (crash, drop in prices), you probably don’t have enough saved anymore for a downpayment, as prices and inflation have all gone up by then. The boom-bust economy is really not working for anyone but the wealthy and a select lucky few with an understanding of timing the markets.
I grew up in Colorado and my kids were born there. I had to leave almost 10 years ago. It’s awful. 😞
There's still the little towns out on the flat lands but most of them are dying and filled with tweakers. Looking at you, Bent County.
Same. I’m from Fort Collins, raised there my entire life and went to CSU. I got priced out and moved to Oklahoma in 2020 because of it smh
I immediately thought of Colorado
@@anniewlo Aaand, my comments were deleted.
Hawaii is calling, they’d like to ask why it’s taken this long to talk about outsiders reshaping local housing.
Hawaii is a colony, the locals there just refuse to accept that reality.
John Oliver had a good video about the situation there a couple of months ago
@ they understand
@@Praisethesunsonthey know. They’ve always known
Hawaii is a land under military occupation. Even though i’m military i began to recognize it after seeing how much is here besides the navy
"If you can't afford to live here, leave" reminds me of "Let them eat cake" History doesn't repeat, but it often rhymes.
Yes, but the French were willing to shed blood over the issue.
Except Marie Antoinette never said it, and the original phrase came from a book by Rousseau in 1766. Also, the original phrase in french says brioche, which isn't cake, it's an egg enriched bread.
She must be from California this place has a lot of those people
@@toomignon No one in the comments mentioned Marie Antoinette (except you), and brioche is close enough to cake for it to be a fair translation. None of this takes away from the obvious meaning: You are tempting fate by engaging in a wickedness of disregarding the starvation of the poor.
@ good Lord, I'm not defending it. I'm just pointing out a fact. The political writers of the time were trying to push this onto a girl who was 10 years old from a foreign country when the quote was made. It was actually xenophobic and misogynistic.
I am a relatively wealthy individual. But that woman's comment "If it is too expensive, choose a different place to live." boggles my mind. She is completely distanced from the realities of the lower and lower-middle class. I should note that I grew up dirt poor so maybe that gives me more perspective.
I was thinking she had a lot in common with another woman from history - "Let them eat cake..."
The statement is downright cruel.
@@GNMi79Someone must perform the actual work.....oh yeah, that....
@@GNMi79 I knoq, you make a good point.
This affordable housing push has been in full effect in Boulder Colorado for years. Hasn't changed a thing there.
I lived in Montana for 35 years. It is poverty with a view for most people there. Had to move to provide a better life for my kids.
I grew up in Montana. Left after I finished school as there were few jobs and those jobs that were available paid minimum wage. That was in the 1980s.
Eastern montana! Best place to live in the u.s. people should have bought and paid for a place to live when you retire ,like me!
It would be great if everyone refused to work the service industry jobs. Maybe the rich would leave if there wasn’t anyone to wait on them.
@@shirleyyoung1941 Bozeman and Kalispell are places to NOT go to. But you don't have to go far and it's totally different. A classmate of mine moved north of Whitefish to retire and is doing well.
@@lisalarouge6309 they would just open up those businesses and have their kids work there. And illegals all those California democrats all love so much. Like having slaves again. Am I right.
I do think it is 100% wrong to sell our federal and state protected public lands to anyone
You must live in a state without public lands or national parks. Here, the Montana way used to be to support that, but our governor ran on not wanting the river not land use for his property and ran to stop access to preserve finishing water access rights.
This is America everything has a price. The governor has shown that the working class that voted for him to be in office are delusional. His allegiance is to the wealth that are moving their and pushing out the servants who cannot afford the rent.
DITTO
The government owns most of the land in the western states. They've proven themselves to be poor stewards of the land they own, private land is managed far better than public land.
Look it up. Canada and China own most of the USA farmlands.
As someone who lives in montana who lives paycheck to paycheck, the housing prices only sky rocketed once all the out of staters started to flock here. The worst ones are the billionaires who own multiple mansions and only stay for a month out of the year
I live in an area where many people do the same. It amazes me how they want to be so cheap and rude to the people they rely on for everything. I’m a veterinary technician and these rich assholes talk down to me, how stupid can they be to treat someone who has their dogs life in their hands like shit. It’s the locals who are kind and thankful to me who makes barely enough to get by.
@@---jt5wg The locals are the best. Lived in central Montana for 15 years but had to move when the economy dropped out after 2008. It took until about 2012 to really hit Montana. Really miss it and have friends that have been priced right out of their homes in Bozeman. I agree with the policy of taxing people with 2 and 3 houses with an intense real estate tax - helps the local economy for something that is just sitting there taking up land for housing.
Every state's gone through this. California used to actually be considered middle class. Not anymore. My neighborhood was middle-class when it started but in the last 30 years more well-to-do people have moved here. Some of the people that have moved here have homes in several countries and it's made the cost of buying a home in this area unaffordable for most
When the middle-class people are relegated to condos or apartments... Southern dream of having a backyard is kind of not there
I feel like Oklahoma went the same route once we introduced medical marijuana home prices went up and people from out of state started flocking in
Rent burdened , they spend more than 30 percent of there income on rent. WRONG ! That's 40 years ago , they are now spending 80 percent of there income on rent.
When you see range rovers and teslas suddenly driving around your town, "there goes the neighborhood"
Yep, and when you see too many golf courses in the area.
You forgot Hummers...
Teslas are not expensive and they’re amazing
How about Rivians and Lucids
Tesla’s are really affordable.
The entire United States will eventually experience what is happening to Montana.
Uh... it already is...
It already is in Arizona. We're the cheapest state in the country, yet we have record homelessness.
Yes. It has been quietly behind the scenes. Large amounts of land have been bought up everywhere.
@@afryhover West Virginia will probably be the next big destination for corporate landlords and the wealthy to gobble up all of the cheap land.
@@RefreshingShamrockArizona is no longer one of the cheapest states 😂
All workers "so poor they should leave" should stop working for 2 whole weeks. In Italy it's called scioperare, let's see how pretty their rich city stays
Never going to happen. Workers would rather bitch than do anything.
Why do you think the rich want more immigration? It's a threat against normal Americans who might want to go on strikes
Absolutely! If you’re high valued you need to show people ! Stop letting these people take advantage of you!!
seems there's a small segment of these cities that are having problems, same as any city. Obviously someone is renting those overpriced apartments so there's jobs that pay in the area. Anyways, aren't they living in RV's? Seems a tank of gas in their tow vehicle can change things pretty quick.
Yep, that is what is great about capitalism. You are not forced to work like slaves, if your job doesn’t pay enough move on…
Housing Inequality triggers a market crash or a financial crisis, it could send shockwaves through the stock markets worldwide. I’m worried about my investment of over $600K stocks. Is this a time to consider diversifying my portfolios?
If the housing market takes a hit, it might lead to reduced consumer spending and overall economic instability. I advice you consult with a professional about your investment portfolio to enable you to take advantage of the downturns.
I agree. Based on my personal experience working with an investment advisor, I currently have $385k in a well-diversified portfolio that has seen exponential growth. It's not just about having money to invest in stocks; you also need to be knowledgeable, persistent, and have the strength to hold on during market fluctuations
This is all new to me, where do I find a fiduciary, can you recommend any?
I work with “Diana Casteel Lynch” I understand what it's like to see your portfolio going down. I hope the performance improves.
She appears to be well-educated and well-read. I ran a Google search for her name and came across her website. Thank you for sharing.
This is happening in every beautiful location in this country. Communities are lost as people have to move out, and the culture changes from “we don’t need much-we just love living here”, to “this is our showcase property-there’s no room for your kind”. It’s a nasty, entitled plague.
Isn't this what was already shouted by American natives...from ages.
@@Bastillemotors so true
You're forgetting the third phase. The phase where they all abandon the houses once they can no longer sustain their communities due to lack of a service industry and affordable housing.
That's what happened to the south. It's coming to it's conclusion in the midwest. You can find hundreds of videos of people exploring abandoned, destroyed McMansions in places like Ohio or Illinois.
Definitely the case here in Oregon. Been here 44 yrs and our once sleepy college town is insanely expensive now. 🫤
Every single dollar multimillionaires and billionaires have is from consumers. From food producers to professional sports, we've paid for Everything they have! Let that sink in before paying $1600 for a concert ticket.
Yeah, I heard Taylor Swift had tickets for 3k in Indy last weekend
The awakening is happening.
Yes that is how society works and has worked since the beginning of civilization... Here's a cookie 🍪
yep, we need to stop giving these unworthy people our money.
They provide goods and services in exchange for our money
It's business 😊
Prices are too high. With rates not subsidised in ’24 and mortgage still high , currently seeking alternatives to maximize savings without an RV move or taking a loan. I’m seriously contemplating the latter.
Affording our mortgage is tough as well. I have suggested cashing in, renting or relocating, and investing the rest in the stock market.
if you are looking to invest in the stock market, I suggest you Consider a fiduciary with mortgage-backed securities knowledge for guidance. Prices today may look like dips tomorrow.
Oh man, I too used [ADVISOR], and what returns I have gotten. When I placed my one half used paper towel roll with [ADVISOR], and have received one million bitdoge back already! Plus my half used paper towel roll is still creating me passive income to this day. I strongly recommend googling [ADVISOR] if you too would like to receive an insane return on your astute investment, as I have. [END MESSAGE]
Private Equity is a parasite, what have they not ruined for average Americans?
I’m in Ohio and the housing market here over the last 7-8 years is unlike anything I’ve ever seen. Homes that were bought for $130K in 2015 are now being sold for $590k. I’m talking about tiny, disgusting, poorly built 950 square foot shit boxes in quiet mediocre neighborhoods. Then you’ve got Better, average sized homes in nicer neighborhoods that were $300K+ 10 years ago selling for $750k+ now. Wild times.
Personally, I can connect to that. When I began working with a fiduciary financial counsellor, my advantages were certain. I got into the market early 2019 and the constant downtrends and losses discouraged me so I sold off, got back in Dec 2021 this time with guidance, Long story short, its been 2years now and I’ve gained over a million dollars following guidance from my investment adviser.
This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation.
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’ Carol Vivian Constable” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing.
Maybe the delusional economic policies of the last 4 year are having an impact that a lot of folks voted for…..just saying.
The rich Karen telling all the poor people to leave is on brand for a Bozeman resident.
So true. I was born and raised in Bozeman. People are so rude. I now live in Virginia city...Population 250. I see a shift coming this way. Butte is also a great place...for now.
Maybe they should just leave 😂
the wealthy there are the GOP and Trump voters, give them what they want.
@ Montana is chock full of gop supporting millionaires and ranching/farming land millionaires. The liberal left are not buying up the state. It’s already owned by the wealthy conservatives, and has been
@@SLHJR0390 Don't know what you're talking about...Bozeman is BLUE.
This is happening nationwide not just in Montana
Yes, it’s frustrating we aren’t talking about seriously on the federal level. Get private equity out of home ownership. Or admit you sacrificed the American dream for personal gain. Congress people gain millions while citizens suffer. Nothing to see here.
You should look at the tragedy of what hurricane Helene left behind by flooding in parts of FL, SC, NC, VA, TN and KY. The government has already refused tiny homes to people whose houses are completely washed away because they're "not safe" yet they're allowed to live in tents (it's 30° right now. And for the few that may be able to afford to rebuild, insurance of course, denies claims, and new buyers, well flood insurance required (even though it's NEVER flooded there in anyone's lifetime. And, that leaves rich people from other areas coming in for that million dollar Smoky Mountain view.
@existentialhangover1124 The government is to make money by any means feeding the 1% while working the rest. I've never ever benefitted from a conflict ever. All under the pretense of national security. National security are the wealthy elite who dictate the politicians who have all the valuable information for insider trading, they make the laws . It's economic slavery . It's an Ant Farm 99% of humanity are worker ants.
Grateful for your coverage! As a Montanan who can’t afford housing here anymore, I truly understand the need to expose this issue and what Gianforte and others have done and continue to do to increase the disparity here. We want our Montana back!
I'd like to see you address how public schools are funded in Montana. This new wealth is not trickling down.
as someone not from Montana, how is it funded?
It’s mostly funded through property taxes
It's funded by property taxes which is set by property values. So it quite literally is. Look what Bozeman has been doing, they built or totally renovated like 3 new public schools just in the last 5 years.
@@gorkyd7912 Three schools in five years? Cut me a break. That place has gown a hell of a lot bigger that just the need for only three schools. Stop blowing smoke up your dillusional skirt. I live in Idaho and it is just as bad as Montana with their lily white, extremist and money grubbing corruption from the wealthy that have killed the middle class. WAKE UP AND SMELL THE COFFE!!!!.🤬🤬🤬
@@gorkyd7912 And the public schools are always asking for more money here in Bozeman, and the rich newcomers keep voting for the higher tax rate every time the last several years.
I’m in Montana. it’s what we get for having the best government money can buy. There is a more humane way than to sell off to heartless outsiders. But politicians would have to be brave. And smart. Which they aren’t.
Once we were convinced that graft is just the way things work, we lost any chance to fight back through politics. Neither wing of the Republicrats Party has any reason to work for us because they have complete control over every election.
@@CanadianWolverine
You wouldn’t believe it but I have been doing that very same thing, and just like them, I don’t expect you to even think it’s possible.
@@TheWorldBelow360 You wouldn't happen to notice whether that trend is concentrated in career politicians, would you?
Politician are bought by the super wealthy and invest in PRIVATE Equity to hide their greed, and exposure to what the hell they are really doing. tRump was bought up and is still being openly bought...Harris too, so we all loose unfortunately, because of Citizens United made money in politics and now our country is shit. The title of that bill should have been Citizens LAST, wealthy first.
And your governor is a convicted violent criminal.
Private equity has ruined this country
Very true
They also own the politicians.
No private equity has not. Lack of taxation of the rich has.
Most vote for it
There’s nothing private about corporations. They are government sanctioned entities.
Corporations should not own property. Only people have God given rights. Corporations have no rights therefore they have no property rights.
We need to go back to a family based economy instead of a corporate based economy. In a free market there are no corporations because the government doesn’t charter corporations in a free market.
I just saw a king of the hill episode from 2004 about this happening in Montana! Cool coincidence. Great video!
it's not a coincidence. it's called predictive programming. the elites do this purposely to show us their plans while passing it off as entertainment so people won't catch on easily or so people will think it's just a silly tv show. one of the reasons they do this is to dangle their wealth and power in front of our faces, while laughing all the way to the bank. they get off knowing the majority of citizens will think it's a coincidence when their tv show plot comes to fruition years later.
"Choose another place to live." Reminds me of "Yellowstone" the TV show trying to get private equity out of their state. 😂😂😂
It makes me wonder why anyone would think hedge funds have the moral high ground over their victims.
Shows like that is why Montana is like this everyone wants to be a Cowboy.
Except the biggest fans of the Yellowstone show are the ones voting in the people who are selling the state to private equity.
They are screwing themselves while thinking they are tough cowboys.
The billionaires couldn’t pay for better propaganda than that show.
Yellowstone... The TV show about a rich guy hoarding land so that he can roleplay as a cowboy.
@@hypothalapotamus5293 Every dude want to be a cowboy cop and rich people will pay 100k for a old Ford that's refurbished and then buy 2.5 million ranch... And pretend to be a cop or soldier by having assault weapons.
oooooooh the lady at 1:13 absolutely makes my blood boil. Sis, you gonna pay for the cost of relocation for everyone?
they are going to want you living in tents, and then they are gonna make tenting illegal and replace you with I-robots.
She is probably a realtor.
Move
@@afryhover And i would bet she is not even from Montana.
She'll whine about people not having stable housing until local legislation makes it illegal to camp, sleep in public, etc and arrest people without anywhere to go. Then, ta-da, cheap labor!
Its a class war. Make no mistake. The plan is the same for Puerto Rico ill bet.......
@Dontreadmypicture-d1g Ok 👍
I fear you are correct. An American Les Misérables. I read about Puerto Rico. It’s a disgusting situation.
@Dontreadmypicture-d1g I did not read your name.
I think already happ to PR. That why more Ricans on the Mainland then on Island. Hawaii been suffering this for a while too.
@@brimstoner982damn bots are everywhere
I am a Ski Lift Electrician at Big Sky and living this first hand. We have access to some employee housing but it is insuffecient and if you dont get in you need to live in bozeman and commute over an hour everyday.
This doc was so well done. I'm from Montana and everything in this is facts. We need to vote for people who have our best interests at heart.
Are , not is.
And vote is a doubled edged sword.
A lot of soap boxes with empty promises.
I'm with you, but not hopeful it will be found. Everybody's "for sale"!
Those people don't exist. 😂
It takes more than voting at this point. This is so heartbreaking that I can't watch the documentary after the first 5 minutes I had to turn it off.
Stop looking for a savior. We have to save ourselves!
1:14 That woman made me hate her in less than 5 seconds. That's talent. 🤣
LOL 😆
I know her. I think they took her out of context she's a local. She must have been quoting the rich because their family is not a transplant. They are hard-working Montanans
@@jackthejoker6330 Rich people have co-conspirators in the vast majority of white people who would like to fantasize they are better than other people.
Build for the 2% and screw the other 98%, Classic America.
It’s the republicans way
PEOPLE VOTE LIKE THEY SEEM TO LIKE IT
There are homes all over the country that are move in ready for under 250k. Will you be in the city? No. You might have to commute 20 or 30 minutes. I dont feel for anbody who says they wont ever buy a home. If you can afford rent, you can afford a mortgage
What a bunch of leftist entitled crap. “I deserve an affordable Ferrari!!” “So I mow lawns… why can’t I live in Malibu? That’s not FAIRRRR! It’s those evil, normal, working Republicans’s fault!” The left’s sense of entitlement knows no limit.
Your simple post is classic of the sort of problem with the US today sadly. I bet when those miners organized years ago they had pretty good common sense and knew right from wrong. Today that has been turned on its head where highly uneducated people (trump love's them) vote against their own interests.
Gentrification can affect anyone regardless of race or background. All that matters is your class level.
I live in Helena Montana. You are right on about everything! One of my sons worked at the Big Sky resort as an electrician for a few years, was too expensive to live close by, and commuted to the resort. All my children have great careers but cannot afford to buy a home or even live alone
It's happening all over the country!
Of course I bet your are democrat for voted for Andy Hunthuasen and Candy Payne both of whom passed land use regulations that drove up the price of housing.
@@jeffsmith9420yes those local regulations are a major problem and the D party tends to make it worse! Unfortunately, highly restrictive local development rules can very often be found in politically conservative exurban/suburban jurestictions too once they get more developed.
Imagine a state with so much empty land, and people living on the road. This is a man-made problem entirely and would be impossible to explain to another species.
Yes!
This is absolutely spot on
Totally a man made problem!
But I’d caution against the “empty land” idea - it’s not empty. It’s ecosystem. It’s critical habitat. It’s where our non-human relatives live.
Almost one third of Montana is owned by the federal government which causes the price of tax payer land to go up.
@@melissainmontana5197 unfortunately, as we know, so many that live in more urban areas don't understand the importance of that. I'm sad and scared for our Montana and our public lands.
Same old villain: the ultra rich and private equity. Who would have thought?
A billionaire is supposed to save us from billionaires...
The founding fathers knew about this which is why they wrote this whole 2nd amendment to try and protect against tyranny.
@@hhjhj393 The need for any sort of rebellion against the filthy rich last came about in One Nine Seven One when Lewis Powell circulated his memo for corporate capture through the judicial branch.
@@hhjhj393nah, they were the billionaires (rich and afluent) of those days
@@hhjhj393And how many capitalists have _you_ second amendmented?
I believe the retirement crisis will get even worse. Many struggle to save due to low wages, rising prices, and exorbitant rents. With homeownership becoming unattainable for middle-class Americans, they may not have a home to rely on for retirement either.
Consider buying stocks when the economy is not doing well, like during a recession. It could be a chance to buy them at a lower price and sell later when prices go up. Just keep in mind, this isn't financial advice, but sometimes it's better than keeping a lot of cash.
Accurate asset allocation is crucial. Some use hedging or defensive assets in their portfolio for market downturns. Seeking financial advice is vital. This approach has kept me financially secure for over five years, with a return on investment of nearly $1 million.
The housing market has always had its ups and downs, but it's true that this time feels different. Having a portfolio manager will save you a lot in the market. My coach has helped me expand my portfolio by 200% over the past few months.
I lived at Big Sky from 89-93, as a ski bum/resort employee. It was clear to many, even way back then, that the place was quickly becoming a club to which regular folk did not belong. I moved to North Idaho, and the same is happening here. It just took a couple more decades to manifest.
makes you wonder if there will be anywhere safe to go in the near future, seems like everywhere is being gentrified
@@shawnparenteau9395 Northeast Iowa is looking pretty good right now. Some great places to live in the "flyover states".
@@shawnparenteau9395 Colorado, Minnesota, etc.
@@shawnparenteau9395 Red is the common demoninator here.
Greed just pure greed
maybe someday the poor/middle class will figure out your problems are not the other political party, but instead the super wealthy...
Yes. Have to pay attention to which party they are supporting today. Got to keep up. Lifelong Republican or Democrat doesn’t work anymore.
Unfortunately, they're often the same beast.
Which is why MAGA won with such a landslide victory 2024!
Cut taxes! Cut government spending! Stop robbing the lower and middle class to enrich the money laundering of the Federal government!
no we gotta keep fighting over scraps
or maybe they'll figure out the key word in that statement is "your" and that your problems are yours alone to fix
People have consistently been voting against their self-interest.
Not everyone did. I love being saddled with their choices though. Super fun.
Democrats are the main ones gentrifying everything tho lol … if you’re implying what I think you are
Yes, isn't that wonderful ?
...and they just did it AGAIN. lol
Its wrong
That capitalisme system who is wrong
When your workers can’t find a place to live then how are these ultra-rich going to do if nothings open in “our” town. They kicked me out back in 2019 when my $20 an hour job wasn’t paying the bills. How are people even finding workers to work in this town for such little wages.
they use immigrants... illegal or legal who are tied to visa with a company. It will make easy to pass working laws, maybe some are getting even governmental support and that gives them possibility to work for less , bring down the wage even more and of course take advantage of those people they use (one could call it almost modern day slavery.... I wouldnt of course). But dont worry, they will not miss us.
Jackson Wyoming is just like this. I took a temp job at restaurant for a summer. I had a sleep in a RV because the rent was too much at $14 per hour. I saw private jets, rolls Royce cars. When my uncle passed away he left me a Chinook RV which I did live in for 2 years. Wyoming and Montana are beautiful places with wonderful people. One wealthy woman did donate turkeys for Thanksgiving for a bunch of us she said it broke her heart to see people struggling. She also opened a hotel she owned to allow us to stay during the end of summer has in late September.
We need more people like her 😢
It's the Great Reset.
"You will own nothing...and you will love it." - Blackrock
Not this bloke, i own what I have and Blackrock can suck it.
@@toddrobinson9170They will find a way to price you out.
@@toddrobinson9170 you'll probably eventually lose it to property taxes.
@TheLettersJ No, i'll refuse and plus im not willing to pay more then 100 a month for property tax as i live in apartment with a very small amount property so no I'd just refuse
@@toddrobinson9170renters don’t pay property taxes. Your landlord does and as they increase it correlates to your monthly payment.
The funny thing about mountain towns pricing people out is the fact that most ski resorts operate on leased land from government owned lands. You want to end outside money ruining towns, revoke the license to operate on public land. Skiing and the beauty of the mountains is for all Americans not just ultra rich that stay there for 20 days a year.
Damn straight, I skateboard in the summer and I love that I don’t have to pay a dime to go somewhere to skate. The fact that these resorts want to price so many people out of skiing/snowboarding is a shame
Honestly the fact that the federal government owns so much land is itself an injustice. Why should the lease fees go to the federal government when the cost of tourism is borne by the local community? If this new Bozeman mayor had more land under city control he could offer it for free to developers that build new housing at affordable prices for the average worker.
Unfortunately big sky is operated on private property. While yes many resorts operate on leases and simultaneously price gouge the problem really relies more on giofortes shity governing. My rent in Bozeman is actually absurd and as the video discussed the resorts no as much the problem as is the government
💯🎯
The black hills have a whole bunch of new mansions that sit empty and giant houses for Airbnb
Disagree. That would only work if you sell Lang to developers under very strict rules that they will still likely try to worm their way out of. Much better to have lands in government hands and allow everyone access to use those lands.
This is the exact same thing happening to the Raleigh-Durham-Chapel Hill area here in NC. Stop calling it the best place to live year after year. Homes went from 90-150k to 550k+ and as a healthcare worker getting 2.5% raises every year it’s just laughable and unsustainable to continue to live in a high cost area
There is not one county in the United States that is not in the same position. This is a nation-wide problem.
I’m blessed to have grown up in the Yellowstone River Valley fifty years ago. It was a paradise for poor kids then. We fished and hunted and actually lived quite well. Now I live in a cheaper southern state like so many of my peers do. We were blessed and lucky to grow up there - we saw the night sky from the top of the Beartooths before all the air and light pollution. Skiing was cheap and ice skating was free. Cheers!
I’m glad Boomers got to live! You all had it the best. I wish we could all experience that for at least a day. Sucks that corporations are ruining this world
@@aracelimalone1167I'm a history buff. I can assure you. This will be a future case study for what, "not to do" via aging out economically, politically and socially. Not only did they have it the absolute best any generation has ever had, they don't seem to want to relenquish power, that's why it's getting wonkier and weirder every year. More conspiracy and nonsense hero prosing. Absolute stagnation in terms of real policy and politics. It's all this theatre now. About how they're gonna save the west, as they slowly morph into their pro segregationist parents, without a hint of self awareness or irony. They'll try to shove their nonsense down our throats as long as they can. It unfortunate they lost themslves. At one point they used to see the world for what it was. A place full of people, all worthy of love and care. It's cartoonish how far from that they currently are. I would say I'm ashamed. But it's well beyond that. I'm a moderate millennial. I think 9/11 made us older millennials actually value what we have, had. No sexy movement for us. Just real patriotism. No fancy drugs and rock and roll era that segaays into a decade of rampant cocaine abuse and pro greed cronyism mentalities. And it gets worse every decade. I'm starting to realize they've only ever known facades. The hippie stuff was clearly a facade, as was the off grid, green, anti-corporate, egalitarian stuff. It's all a facade just like the acab left and maga. I couldnt be more disappointed in my country.
So you enjoyed it and now just accept that it has been stolen by the corporations?...Wow...thought your generation stood for something...Enjoy your nap.
What do you mean with the "Cheers!" ?? Cheers to what? About what??
@@aracelimalone1167 Population probably has something to do with the problems.
4 billion population worldwide in the 1970's
8 billion today
Buy a governor much? Governors for sale, highest offer! Any state in America !
vote Republican it's for what's best of the Oligarchy!
@aceous99 would you rather have multiple independent wealthy civilians or just a government that owns everything??
What would offer you better opportunities??
@@GynJitsuRonin sarcasm seems a bit much for you.
#UnionizeAmerica
@@glassicblaster Sarcasm..? sounds like I must have missed something..??
Thank you & bless your time. 🙂
Welcome to idaho
There's a thin line between capitalism and corporate fascism.
One thing the video didn't address was water. I live in Bozeman and in the Gallatin Valley for most of my life. Bozeman's water supply is fed by a reservoir and now since the population has grown so much, the water supply is not enough. WE KNEW THIS COULD HAPPEN OVER 20 YEARS AGO! I am so sick and tired seeing ads promoting how beautiful Bozeman is and then passing by 100's of campers on streets unable to afford housing. It really seems like everyone in power; from the governor to the local city council, are profiting from the injustice that has plagued the state as a whole.
You see this in little beach towns along the Oregon Coast. Everything is turned into short term rentals, the houses, apartments, everything. No one can afford to live there... And so the local businesses can't find enough people to work in the shops or restaurants.
This isn't tenable. We need national rent control. People need a place to live.
It's all up and down the east coast too and it fucking disgusts me.
Someone finally figured out water and real estate are the real money makers and have been buying them up as fast as possible preparing for this to be the case.
That scene in Ready Player One where The Stacks are just RVs and Conex containers stacked 20 high, I'm increasingly afraid that that's a real future here.
Living in oregon I approve of this message 😅😅
The west coast & east coast has always been the worst of inflation 🤦♀️
How many places can the 1% short term stay in? I mean they stay in Bozeman, SoCal, Oregon Coast, Monaco. How much time they have?
California and Washington, too.
@@MbisonBalrog However long each private flight halfway around the world takes. They apparently have to hit all 30 of them once a month.
Love this channel so much for highlighting these issues
You wanted unregulated Capitalism, you got it! 👌
It's not unregulated just because rich people exist.
You're too much of a communist to know that this is not really capitalism
@@gorkyd7912they were able to buy PUBLIC land. That was MY land and YOUR land, too.
Exactly
Exactly capitalism has turned into wall st greed. That's not even debatable...
I’ll say it again: the measure of success for a gov you vote for shouldn’t be the color or “owning the other side”. It should be: am I better today than I was when this gov came in? If the answer is no -> vote them out!
I spoke to an older guy from Kentucky that was working with me boat repair/cleaning in Florida. My conversation with him was very odd bc I was a 20 year old kid with a different world view. I kept asking him why do you keep repeating the same patterns in these communities (voting for the same people often against your own interests, doing the same thing your parents did as a profession, making the same mistakes over and over). And all he could say is “the libs are a bunch of idiots and are gonna sink this country”. Never understood that mentality where you much rather be a modern day slave than perhaps have a better future for the next generations to come. I’m not saying that “voting liberal or conservative” is gonna do that, but if you are worse off than your parents or grandparents were… then change it up buddy.
Membership now costs $600,000 requires you to buy a house in the club or land with a plan within X amount of years to have a house built. On top of that the yearly fees are about $25,000-$100,000 more a year. I work in the club fairly frequently and the stuff you see up there is insane money means nothing to them.
The billionaires are pushing out the millionaires, right? The ultra rich running around the Big Sky area don't care how much anything costs. They just want to know how fast you can get it for them.
Sounds like a HOA……
It's a world of rather obscene perversions when it comes to money. The members never ask the price, just "When can I have it?" for anything they want.
This all happens behind gates and fences. Wouldn't want the Great Unwashed to see how we conduct ourselves, would we?
I'm from Rhode Island and i can barley pay rent. Apartment are 2k a month utilities not included and house that normally would sell for 250-300,000 are now selling for like 500-750,000 and these are tiny places some under 1,000 sq ft. Its insane everywhere in the US. The rich need to be taxed and private equity should not be able to buy up properties and jack prices up.
Rhode Island has cheaper housing and higher wages than Bozeman. It’s bad everywhere, but Bozeman is the worst.
Well unfortunately the US just voted for making the rich even richer yet 😳
@melanieearly3450 yup now we all have to pay for the stupidity of Americans
@@melanieearly3450no, no that's not what we voted for. We voted for common sense, I can see why that bothers you. Seeing as how you have none of it.
@@Truthseeker-cv2mvp Bahahaha you voted for exactly that. You just don’t understand it yet. But enjoy the oligarchy 😂
Funny thing is, some of the ones who complain, about rising costs, are the same ones who sold high. My family lives across from a woman who wanted to sell a piece that's next to us which our road easement runs through. The realtor told her she could get 90k for it, she offered it to us for 80. 13 acres, 2 acres usable, no house, no utilities, 80k. No one in our family could afford it. She sold it to rich out of staters from Pennsylvania, nice folks. but just saying, before you blame the rich out of staters buying up land, look whose selling it to them. They don't have to sell it at that price to people out of state, they could sell it lower to people who live and work in state, but no-one will. Because just like big corporations, everyone wants more money.
Do you want more money? You could sell your items for less I’m sure right? Tell your boss tomorrow that you would like to work for a dollar less an hour and have him donate that to your favorite local charity. You won’t…
I would love to sell my home to locals and at a reasonable price the problem is I need to sell as high as possible to pay all the taxes and still have enough to cover buying a place to live somewhere else. And I’m not talking a brand new home with all the bells and whistles. I have several people who want to buy it but I can’t afford to buy another place to stop the cycle. It’s not about greed, I need an affordable place to live too.
I was stationed in California. I’m originally from Texas. I want to go back home and can’t find a decent place to live! I’m not selling my nice house for peanuts so I can go live in a shack somewhere else.
She tried to sell it for a lower price to someone local.
@@keirfarnum6811 😆😂🤣🤣🤣😂 Yeah right…
This is a great documentary. Thank you for shedding light on such a sensitive issue. I love passing through Montana on summer trips and have been very surprised how much just a night of stay.
Why cut taxes for the rich when they can afford to pay more? Twenty five % for the ultra wealthy is much different than 25% for someone who makes less than 75k. I am terrible at math, but even I can crunch those numbers. People are barely hanging on while holding 2 or 3 part time jobs. They can't afford healthcare and they can't afford to get sick or injured.
Also, I would like to know more about the life cycle of Superfund sites. From what little I know, it's essentially the safety net for polluting companies to protect their profits by externalizing cleanup costs and making the American tax payer cover it. There should be some basic requirements, money put into escrow for the cost of cleanup, regardless if the company closes shop and moves o or goes bankrupt.
socialism for the rich, rugged capitalism for the poor.
If anything they should make the rich pay the highest taxes for everything.
@@toddrobinson9170you’re missing the point, low taxes is what draws them in the first place
By the People; for the People.
By the Few, for no one else, make us some more money would you? Nahhh u don't need that. Back to work.
Don’t most people in Montana dislike regulations… isn’t this why regulations are necessary
Yes. And it takes an incredibly strong progressive government to have a prayer to take them on.
It's what backhoes are for.
@@lukerlunker ...And progressives don't believe in the power of prayer....so no luck there.
Absolutely true. More $$$$ doesn’t make people smarter or have empathy. It makes them greedy
So they're voting and getting exactly what they're voting for... correct?
yeah well, this is happening everywhere, and its disgusting. this is what we get with ridiculous wealth concentration. meanwhile the Native Americans are laughing at capitalism eating itself, while also mourning the destruction of what used to be sustainably managed land. welcome to the new gilded age kids.
True. We need a Gandhi-like uprising. Instead of making our own cotton, we need to grow our own food andlive in community with each other to make housing cheaper. Screw the elite and corporate interests. Let's take our country back.
😂😂😂
All these years, I've listened to stories with that narrator. It's nice to finally place a voice with a face. Good story/report.
Private equity markets need to be heavily regulated and penalized
they own the politicians, until Citizens United is overturned, it will never happen.
You should do a piece about places like Aberdeen, WA where a single ultra wealthy person (Emmert) bought a majority of the commercial real estate in the economic opportunity zone just to hike up rents and force local small businesses out just to have the properties sit empty while they are used as tax shelters. At least half of buildings in downtown Aberdeen are empty. This man owns about 40 properties in the county and most are empty.
That is so very disheartening. Does this person live in the area? Why would this be acceptable?
This is so tragic to hear. It isn't like Aberdeen has people lined up to
move to this wet side of Washington state. Loss of retail businesses in
small towns causes such an economic slump.
Sickening!
You are exactly right. Can the Aberdeen City Council/mayor or Chamber DO anything about this dismal situation? (I own a house here)
“If you can’t afford to live here, live somewhere else”
Also Karen:
“Why is there a such a long line for coffee?”
Truth 🤣🤣. The odds that she's rude and a crapy tipper are also high.
Thank you for covering this. A born and raised Montanan.
Capitalism prioritizes profits and corporate growth above the well-being of people and the planet.
The priorities of policies, regulations, and laws matter.
This isn’t a result of true free market capitalism. This is a result of cronyism.
Capitalism has raised more people out of poverty than any other system in history. It's the reason you have your phone, computer, medicine, hospital, automobile, and a thousand other amazing things that make life better than ever before.
Unfortunately our government does what the big corporations want. Taxes, regulations, permits etc are to help the big corporations and hurt the mom and pop businesses.
We need to go back to a family based economy instead of a corporate based economy. In a free market there are no corporations because the government doesn’t charter corporations in a free market.
@jl8942
I agree. The only reason capitalism has not already collapsed this country is because after the stock market crash in 1929 people back then were smart enough to realize why it happened and set up strict regulations to keep it from happening again. Then shortly after the recovery was happening WWll started. When the war ended the middle class was strong and thriving because of those regulations on capitalism such as tax codes made it virtually impossible for billionaires to exist. It is estimated that during that time there were only about 6 billionaires and their money came from inheritance. Fast forward to the mid 1970's when the regulations started being loosened slightly due to the laws being changed where politicians could start accepting money from corporations and the rich. Then came ronald reagan who engaged in large scale Union busting, deregulated almost everything and normalized politicians being legally bribed. Then citizens united in 2010 which is one of the most deceptive names ever allowed for politicians to completely sell themselves for legalized bribes. After that it has been a free for all for everyone who can afford to bribe politicians. Wall Street, banks, private equity, corporations, and every other ultra wealthy person has been able to do pretty much whatever they want since then.
Now there are 801 billionaires with combined wealth of $6.22 TRILLION dollars. All of that accumulated wealth in the hands of so few has been taken directly from working class and poor Americans through unregulated capitalism and it will not end until they have it all and we have nothing.
@@wadebuck69 You need to get a refund from your Marxist professors. They are the unmerited wealthy who robbed the poor and working class (you). Worthless university professors who make nothing and contribute nothing and couldn't nail two pieces of wood together. They have no value outside of the fake candyland world of the university campus. They pillaged you good. Capitalism WITH LESS REGULATIONS is the solution because wealth is created, not just redistributed. It is possible and common to gain wealth by enlarging the economy and nothing is taken from anyone. If you hate capitalism so much, please do the right thing and stop using your phone, computer, automobile, wi-fi, and medication and travel immediately to one of the Third World sh*tholes that follows your logic.
Iam not from America but almost all major cities in India this is what already happened.... Locals simply lost everything except their clothes on their own body....
Well in India asset class and investment pool is far less so it's understandable that wealthy prefers real estate in proper location to park their cash but in US there's so much avenues so I don't know maybe QE is responsible for this widening gap and endless encroachment in housing to land to water and what not...
@@hibudy slightly u r correct bcz asset class is always there in India.... They come from politics, old dynasties and bollywood and their peripherals .... I agree these class dont invent anything like many done in west but they multiply their assets largely these ways. U cant buy a house in Mumbai but u can buy a house in Athens... Thats the inequality in India...
It seems to be worldwide. I read about people in places like Germany, Australia, and the UK commenting about housing costs and who owns it all.
Happening in beach towns all along the east coast of Australia as well
America is 50 plantations filled with wage slave tax cattle. If you are not a millionaire at least, you are a servant in the servant based economy. No home, just rent. No car, take a bus. No family, cant afford children. No future : only slavery & the grave.
I was in home depot last week in Kalispell. A lady in line was complaining about the wait to buy items and said that “big mountain residents should have theyre own line”. I could not believe what i heard.
Some of these people dont care. They believe that the money they have should afford them the ability to be above the rest.
I too would like to become ultra wealthy and cannot wait to continue living like a regular human being.
We all bleed red 👀
Oh, so y'all getting the Black folks treatment? Not much fun, huh?
BS. It's 250 miles away. what a load of crap.
Whitefish has been that way for almost 20 years now. Crazy to think I grew up there and wouldn’t have a pot to piss in if I had stayed
I am very surprised that you could "not believe" it and I imagine at some point that special line will appear. Here in my mountain town, the local Urgent Care Center has a $400 per year "jump the line" so that the part-timers from Texas and Arizona don't have to wait in a first-come-first-serve situation when here to ski or for the summer "mark-up" season. Gotta say...money talks and your ass waits.
There was a lady on the shuttle at Glacier who was staying in Whitefish and she was the most insufferable person to have on the ride. While everyone else was appreciating the views she spent the whole ride yapping about her school system in texas.
Excellent commentary,. Meaningful and insightful. Appreciated the fact that you avoided soft drivel. Thanks, Ted.
Republicans have been in power for decades in Montana. I hope the residents don’t fall for the “it’s the democrats fault “
First of all, you're wrong. The previous governor was Democrat. Bozeman's leadership is Democrat. The current Senator since 2007 is a Democrat. Secondly, what's happening to Montana is people are moving there because it's a great place to live. If you prefer Detroit just go to Detroit.
It’s most always the lefty’s fault. Lefties love to give more power to the government, not understanding that the government makes back door deals with these developers and gives privileges to the mega corporations that are gobbling everything up. You can bring a corporation to its knees by choosing not to buy its products. But there’s nothing you can do once the force of government gets involved. Then the government uses the corporations to do its bidding. Get government OUT and most problems will be solve d
@@gorkyd7912 California elects Republican governors and mayors and town councils (etc.), too.
Still a bit of a stretch to go from "people from X party get can elected" to disproving that there's a party in power.
(Also, states have two senators, right now it's Tester (D) and Daines (R) in Montana, and Tester's probably out for another R, Sheehy).
Here's another way to look at it:
How many times, in the last two decades, has Montana cast their electoral votes for a D candidate? (It's Zero). Three decades? (Still Zero).
Gotta go back to 1992, all the way to Bill Clinton, and then before him, Johnson in 1964. 60 years ago.
It's pretty "red" overall.
Actually, there are 2 senators and one is Republican so the split vote buries us. The house was Democrat for a very short time otherwise we are Red. Deeply red. There is a tendency for urban dwellers to vote blue so we are getting a little more of that in the bigger towns, but those blues who can afford the bigger towns are RICH (some are ecologically blue, but haven't figured out the fiscal blue part) so they are not concerned with the have-nots. They know they can always buy their security.
It'd hard to vote Democrat when these bullonares are liberal
"If Bozeman is too expensive to live in, chose another place to live". This has Marie-Antoinette's "let them eat cake" energy, when she told the starving population of France to simply eat cake.
Pretty sure it was in response to Bozeman passing a 30 day urban camping permit. $25 and you can camp on any city right-of-way. The Bozeman way don't solve the housing issue just make money off it.
And I am guessing that she employs “help” ? Where are they supposed to live ?
They voted out the guy on their side in Congress and voted in the guys on the side of the rich. Wecome to a nightmare of your own making.
stupid is as stupid does
Why are red states freaking out when red ideals get executed?
Were they really foolish enough to think it wouldn't happen?
Exactly this. It’s hard to feel bad for people that vote against their own interests.
He wasn't on our side either, they're both liars.
@@dukelawrI totally understand your point but I do wanna say that the majority of Montanan cities voted in favor of Tester. It’s incredibly tough when roughly 1/2 of your population lives in rural communities where issues like this are virtually non existent its obviously hard for them to relate to our struggles, your damned if you do and damned if you don’t in this state, you either have to appeal to the city folks or the rural communities and there’s always been a huge disconnect between the two politically. Not to mention the huge influx of conservatives who moved here from around the country post Covid, which totally screwed us. I can assure you those of us who are facing the brunt of the gentrification voted overwhelmingly for tester, but unfortunately our votes were suppressed by the previously mentioned conservative out of staters & the rural communities. I get that It’s really easy to say “they voted for it so idgaf” but your completely overlooking the 45% of us who voted for tester, the election was relatively close with tester losing by 7% or 44k votes. I promise you most generational Montanans didn’t want this outcome but unfortunately the rich out of staters overshadowed us.
I’m so glad to see SOMEONE talking about this. I live in a different state now but grew up in Bozeman. I’m seeing tons of people who lived there my whole life having to move because they just can’t afford to live where they’re from anymore. It’s so sad.
Class colonization.
Imagine how the Indians felt?
Plenty of empty buildings in Philidelphia, send Montana poor people there.
@@SeaJay_Oceans ha, well…nobody really wants to live there, right? Housing instability is a real problem: even up here in snowy Canada - people sleeping in tents in parks, under bridges, wherever. ALL lower income rentals are being bought up and torn down and redeveloped by foreigners and foreign capital. Reverse colonization, tbh. The wheels just turn and turn.
@@SeaJay_Oceanswhy? Why would you remove people from THEIR land? Are you insane? Seize the properties from the rich, they can go invest where it's really needed
@@SeaJay_Oceans the rich deserve NOTHING
Workers of the world unite
got nothing to lose but the chains
Whaaat? And have the gullible and brainwashed call us socialist and communists? Not going to happen when the wealthy know the secret of finger pointing and blame shifting.
For real
They won’t you gringos are too scared of change scared of a new way to do things scared to stand up to republicans or democrats if you gringos ever stand up and have a Conscious Revolution I’ll love to see it cause they had one in Mexico and took effect in 2018 and it’s continuing now
Four legs good, two legs bad
One of the few MPU vids showing solutions:
1. raise the resort tax and tax on 1%
2. Tax short term rentals
3. Raise property taxes on second homes
All of that raises money for govt, but no guarantee of it going to help anyone. All of that extra tax money should get channeled to creating affordable housing in the resort towns that requires that you work there
4. Overturn Citizens united
@@JamesZeroSixClarence Thomas ...says no !
4. State seizes all non-resident property for redistribution.
@@SeaJay_Oceans I've wondered about this issue. I'm from a mostly-rural community that's a tourists' playground. For nearly a decade I've wondered about some properties that have collapsed homes on them, no one ever seems to use the land. I doubt developers would want it because it's not near the lakes / town. So why do people sit on these forever? Working class people can't afford the new builds, but redistributed land (or something along those lines) could help people build something that suits them. Or even something like a cottage court community of friends/family. I heard a town in Canada did this because they realized they'd get new tax payers, entrepreneurs, local homes for people already working in the community. If I recall correctly, the rule was you had to live there for something like 80% of the year and couldn't sell for five years. I hope all people who benefitted from the 'nearly free lot' lottery actually stay there for longer.
Taylor Sheridan, has brought to the world the amazing beauty and cultures of Montana and Texas. His shows will be watched worldwide for generations…..
Taylor, you’re unsurpassed in bringing attention of both of these great states to the world?
Thought I’d save you some time by letting you know WE HAVE NO COWBOYS IN VERMONT and you may own more horses than we may have in our state. A series about Ben and Jerry would be interesting but not as much to the world as your focus on Texas and Montana has created😉
Keep up the Good work!
I live in Reno NV in a HUD complex owned by USA Multi-family Housing. They are based out of Roseville California. They own 18 HUD complexes in Nevada. I am a disabled senior whose yearly income isn't even $12k yet they are charging me over 50 percent of my monthly income for rent. I've been here over 3 years. My rent should be $300 a month. Please complain about this incompetent company who is abusing seniors! Thank you!
You need to start organizing your community to vote for progressive policies that will cap the price of rent. Red states always leave the people to suffer open your eyes!
Report to your Attorney General.
You need to pass a law : no foreign & no out of state ownership...
If California developers own your Azz, everyone will be charged $6900 a month rent.
Gentrification. Instead of kings and castles we have private equity firms and bought land.
The rich get richer while the poor get poorer, not just in Montana either.
Interesting how similar it is up here across the line in Fernie, British Columbia. ✌️
As a Montanan, thank you for bringing this more light
This is happening all over America. We need people in power who will work for us!
We need to replace the people in power WITH us!!
As soon as they get elected, they get bought. We need strict laws against corporate lobbying in government.
Wake up. No one in their right mind will do anything for you.
You want it done, step up.
LOL, you white folks never vote for those sorts of people
Affordable housing for workers in sought after locations has been
an issue across the country. The only way people in power can help
is for them to back subsidized housing.
I live in Montana and am glad to see this covered.
Nothing will happen
@@jdc8352especially now that everyone has voted against their own best interest. There isn’t a single republican who gives a shit about this problem and that’s a fact.
Welcome to every mountain/ski town in the US. Same here in Tahoe but its bay area techies driving the hollowing out of neighborhoods. Just saw half a dumpy duplex for $2200/month + deposit + utilities. Once the problem starts, it MUST be handled with local laws but easier said than done. Because the people who ARE the problem insert themselves into local politics and game the system.
The local realtors, bankers, developers and politicians will sell out the interests of the community and long term residents every damn time.
Yes! Here in Miami I once had a local guy running for a city position talk to me. He owned a contstruction company. He said there were too many regulations for developers! Guy straight telling me why he wants to get into the city government to change the rules in his favor!!!!!
Okay... so you own this duplex and a realtor approaches you with an offer about twice what it's worth... for cash, so no Closing Costs. You sell it and become an instant millionaire. Who wouldn't do that if they could?
Some of this could be fixed with income and property tax revision, but where is the commission to study the problem and recommend solutions? Montana is All Red Everywhere now, so not fixing it belongs to the Republican Party. I believe it will be a cold day in Hell before the Montana State Legislature does anything to fix the tax problem - or at least the part of it that originates at the state level. A huge part of the property tax dilemma is the fault of the cities and counties.
@@Movieman1965 That's pretty typical for who wants to get into city politics.
Can't find any housing, and any new ones on the market are going to private auction.
As someone who lives in Colorado, I feel Montana's pain very deeply
Luigi gonna start Luigi-ing in Montana -
This is the direct result of vilifying unions. they are not perfect, but that doesn't mean abolishing them.
Unions don’t change anything when the problem is out of staters coming in and buying up as much property as they can.
😂🤣😂🤣 unions???? You’re kidding right, all they do is make things even worse. Think it’s expensive now, just wait.
Reminds me of Park City and Moab Utah. What I find crazy about these places is how shallow and ugly rich tourist playgrounds are. There's the bones of an elegant functional city in there, but they're built upon and surrounded by the most soulless suburban-style buildings, stores, and people, folks with waaaaay more money than taste.
Yeah Park City sucks. rofl. Delusonal people like you are why Trump won. Wake the hell up man.
Born and raised in Montana since 80,, this was happening in the mid 90s as the rich Californias moved up and starting building big houses and completely changing the real estate and eventually the local economy. Aka, if you didn't have money to afford a home by 2010 you left Montana. I left in 2013 and never going back
I have noticed people living in trailers around ski areas all over the West, and in small towns in Utah. I am really happy that you covered this.
At Mammoth ski area, I heard middle aged ski instructors talking about living in the forest in winter.
Same story in Jackson hole Wyoming. I work as an electrician in that area and most people commute ove the pass from idaho and typically from a city thats already a hour and a half away from the pass, which is a half hour drive already.
that's the problem right there.... would love to see what would happen to JH if people refused to do that work
Head north to the Canada-US border...drive another 300 miles (500Km) to Calgary. We got the same sh*t, different piles...literally!
When i was a kid, everyone could afford a decent home on a few acres, now, I couldn't rent a studio apartment for less than $1500