Idaho
Related: About this forumMillion-Dollar Lake Homes in Montana and Idaho Sell For Double What They Did Two Years Ago
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Million-Dollar Lake Homes in Montana and Idaho Sell For Double What They Did Two Years Ago
Demand is high for luxury homes in northwestern lake regions, which have experienced an influx of buyers from everywhere around the world
By Amy Gamerman | Photographs by Rebecca Stumpf for The Wall Street Journal
Apr. 28, 2022 12:00 pm ET
This week, The Wall Street Journals Mansion section is rolling out stories from our special waterfront issue. Be sure to check out this one on homeowners trading beaches for lagoons, why you should consider getting a special inspection for your waterfront home and more.
Jordana Woodland, an entrepreneur and designer, spent more than a decade jetting between Los Angeles, where she owned a sprawling boutique on La Cienega Boulevard, and her Montana vacation home near Whitefish Lake, a glacial lake wedged between two mountain ranges. The two places were a study in contrasts: West Hollywood glitz versus Western rustic, with deers popping out of walls and wood-everything, Ms. Woodland recalled.
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snowybirdie
(5,632 posts)is taken away. Housing prices are likely close to the top now. Nowhere to go but down. In 2010, we bought our home at less than $100,000 in a very desirable area. Previous owner needed to bring over that same amount to the closing. His mortgage was upside down. He'd bought in the go go market of the early 2000s, and couldn't sell without lowering price drastically. I'm thinking the same thing will happen soon again. I'm afraid many will fall victim to the seductive lure of rising prices again.
cbabe
(4,166 posts)yonder
(10,002 posts)state-owned endowment lands around west-central Idaho's Payette Lake area for less desirable property elsewhere.
These development efforts have been going on for years and will likely be eventually successful despite (or because of?) red-state Idaho's long time, bottom of the barrel standing in public education metrics which endowment lands are constitutionally required to support.
Also constitutionally required is equal, per pupil funding for Idaho's schoolkids but every year that is conveniently overlooked by Idaho's extreme right legislature. You know, taxes. You can bet though, they will use the constitutional, best-bang-for-the-buck endowment lands argument when it comes to satisfying hungry development interests.
So it is profit for the wealthy few while keeping Idaho school kids wallowing at the bottom.
SWBTATTReg
(24,103 posts)going to live at? Pricing out everybody else in the meantime. Nice. Really nice. A way of live is disappearing.