Montana Jones

Seven per day

L_:

That's how many people are moving into the Flathead right now.

P_:

Yes, well, no wonder real estate is so crazy here. Do you know what I learned this morning?

Me:

Yeah, the same thing I have been learning all year. Our money is no good.

L_:

And so those seven people per day all move here and get all this great property for a quarter million or a half million or whatever. And then after they get all settled in and after they sold the old place wherever they came from, that's when they find out that you can't get a job here that pays more than $10.00 per hour.

P_:

Oh, yes. I just can't believe how expensive property is here. I don't know how anyone can afford it.

L_:

And so you have a whole bunch of people moving here and getting what looks like a good deal compared to wherever they are coming from and uprooting and suddenly they can't support themselves living on these half million lot's they are buying.

P_:

And then they will have to sell low to bail out.

L_:

Or sell out high. Or… hell, there are a million ways to screw the economy from there. You know, I am old enough to remember the post Vietnam economy. I remember how bad things got right after Vietnam. People can't afford to live like they are accustomed to. We are not even close to being out of Iraq yet and I can already see it coming.

Posted by: Montana Jones / 8:29 AM