High rents have finally crashed landed in Idaho Falls (Boise: 2014, rental)

[nowhereman427]

Originally Posted by Squidlo

Man I hear ya. In the preliminary stages of planing pre-retirement.

I don't want to end up in a town that will turn into what I left in Portland. The Californication is nearly complete in the town of my birth. This thread startled me. I never thought that Idaho would be attractive to large amounts of people that did not understand (or plan to live within) the general flavor of the region. Minimal state interference in your day to day life and a pride in self reliance, this what I draw from the "inter mountain" region.

You are correct the California transplants are invading Idaho which is a good reason to avoid going there.

[nowhereman427]

Originally Posted by banjomike

Yup. Whenever I go out into the county, I'm always amazed at the new construction now. The latest construction I noticed were all multi-unit dwellings- apartment houses and possible town homes.

I like that idea quite a lot. More of them will keep down the sprawl, but I'm sure the primary reason why they're being built now is because they may be the wave of the future.

The younger generations that followed the boomers don't want the same housing the boomers and the older generations wanted. Home ownership, with all its expense, is not aspirational to them. They want a home that is smaller, easier to take care of, and one that won't tie them down if they decide to move.

Many of them don't believe they will ever be able to afford a McMansion either, so instead of aiming for a goal they see cannot be achieved, they save their money to buy things other than a house.

For contractors, apartments make far more profit than houses now, with far less risk. I'm sure we will see many, many more rising in this decade.

The McMansion craze began due to the profit margin. Building a large fancy home isn't that much more expensive for the contractors, but the McMansions sure put the U.S. into a bucket of trouble when it cause the Great Recession. The kids felt the sting of that the most, so that's part of the reason they don't want that burden now.

Tiny homes may become an alternate way of building profitable housing if they are well planned as an addition. The Millennials like to hang out in groups, and I can see how they would like living in a tiny house, if there was a big community gathering space in the middle of a subdivision. It works for townhouses, so I'm sure it would for tiny houses.

With all of that building of new homes and especially multi-units comes congestion. Don't want it or need it.

[tmp4]

I guess I'm just not seeing it. Yes, there are a lot of new houses going up around Bonneville County, but I'm not seeing an invasion.

[Schrodinger's Kittens]

Originally Posted by Marie Joseph

It is kind of mixed what happened with Colorado. It's good that there was growth but it got out of hand with the gentrification. I know several people from there who moved out and said it was because stuff just got too spendy and crowded. Seems like kind of a shame since it sounds like it's a beautiful state.

A lot of areas in Idaho seem to be blowing up as well. I'm on the job hunt and have had recruiters calling me about opportunities in Idaho. Pretty much all of the Mountain West is seeing growth/migration from other areas of the country. I promise though I won't be one of them and will stay put here

If you really want to move to Idaho, then go for it. Californians aren't bad

I was born in Colorado, grew up and went to school there, but moved away for my career. It was a great place to grow up but now when I visit family there I'm like "what happened?!" The old house that I bought for $103K in a starter neighborhood in 1998 and thought I made a killing when I moved and sold it for $165K in 2003 is now worth $480K! They're building McMansions right up to the fenceline of Rocky Flats, a former nuclear weapons plant, and it's just...too different.

And TBH, while there is a bit of truth behind the complaints, Californians are just an easy scapegoat - the newcomers are from everywhere. I'm learning you can never go home again. History is an angel being blown backwards into the future, and all that.

But I need to get back out west, even if it's not Colorado, because that's where I belong. Good luck with your job hunt!

[BillyBobJoeBobWilly]

Let's look at this from another angle... when viewing economic data and reports, what is it that everyone is looking for...

Growth.. Growth = Good... no growth = bad.



If there's no growth in the real estate sector.. bad.



Local governments like growth because it increases tax base.



Influx of ppl = good for local governments. Some ppl get rich because of this.



So, policies of state and local governments have created this mess by their policies or lack their of.


As a Florida native I lived many years in the Orlando/Kissimmee area and IMV has become a miserable pit. Uncontrolled/poorly managed growth has ruined the area. Florida itself has gotten so bad I have absolutely no inclination to return.



I also lived 6 years in Socal (Newport Beach/Costa Mesa line) and I had to leave it was so costly to live.



I would love to live in an area with mountains, rivers, lakes streams and was thinking of Idaho and Idaho Falls..



Sigh, But if it's that bad, with huge influxes of ppl... Not interested... I tend to move in the opposite direction.

[nowhereman427]

Originally Posted by BillyBobJoeBobWilly

Let's look at this from another angle... when viewing economic data and reports, what is it that everyone is looking for...

Growth.. Growth = Good... no growth = bad.



If there's no growth in the real estate sector.. bad.



Local governments like growth because it increases tax base.



Influx of ppl = good for local governments. Some ppl get rich because of this.



So, policies of state and local governments have created this mess by their policies or lack their of.


As a Florida native I lived many years in the Orlando/Kissimmee area and IMV has become a miserable pit. Uncontrolled/poorly managed growth has ruined the area. Florida itself has gotten so bad I have absolutely no inclination to return.



I also lived 6 years in Socal (Newport Beach/Costa Mesa line) and I had to leave it was so costly to live.



I would love to live in an area with mountains, rivers, lakes streams and was thinking of Idaho and Idaho Falls..



Sigh, But if it's that bad, with huge influxes of ppl... Not interested... I tend to move in the opposite direction.

Me too I go the opposite way

[Henry10]

Originally Posted by nowhereman427

Me too I go the opposite way

People leave a place because it is not desirable. So one would have to like or not mind things that most people do mind.

For example, many rustbelt towns have negative population growth. But they have bad weather, high taxes, shuttered storefronts, feel of despair, etc. So it's not simple as to say -- "oh, that's where I want to move to."

[nowhereman427]

Originally Posted by Henry10

People leave a place because it is not desirable. So one would have to like or not mind things that most people do mind.

For example, many rustbelt towns have negative population growth. But they have bad weather, high taxes, shuttered storefronts, feel of despair, etc. So it's not simple as to say -- "oh, that's where I want to move to."

ok

[the topper]

Not so fast: boom has mainly remained on the westside of Idaho. Not to advertise!!!! People are moving in droves from California to different places and luckily, these places have absorbed enough growth to keep Idaho Falls in check in terms of rents. This locale has dogged a bullet for now. Doesn't mean you hurry up and move there. just tell as it is.

[gojurick]

I bet the former owners of the house we bought that sat on the market for 10 months are glad we're moving from California. :-)