According to
The Washington Post,
wealthy newcomers are forcing the middle class out of Jackson, Wyo.
But the paper downplayed one of the biggest reasons for the exodus:
Uncle Sam has virtual monopoly on property in the county.
The rich have collectively inflated real estate to prices that are
far beyond the means of those who serve them supper, take their
blood pressure or police their gated subdivisions, staff writer
Blaine Harden reported in the April 13 paper. Harden added that most
service workers professionals and blue-collar alike tend to
live in adjacent valleys and commute.
The reason for the housing crunch, the Post correspondent insisted,
is because Wyoming is the best state for the tax-averse rich to
establish residency, luring businessmen and celebrities to move to
Vice President Cheneys home state. Harden apparently did not
consider that people of all income levels would want to avoid more
taxes. The writer added that the influx of wealthy new residents has
caused simmering resentment of the rich as the real estate market
in Teton County becomes increasingly less affordable.
Yet buried in Hardens article was the real culprit in crowding out
residents: most of the land is owned by government and forbidden
from development. Federal, state and local governments own 97
percent of Teton County, the Post correspondent acknowledged near
the end of his article.
Although government owns virtually all of Teton County, Harden
failed to find any critics simmering with resentment for big
governments role in high real estate costs.
Wash. Post Ignores Uncle Sams Monopoly in Wyoming
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