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Its the economy, stupid- Jackson Hole's Recession

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Uploaded by on Dec 8, 2008

Jackson Hole's economy, including the real estate market, is taking a beating from the recession, but not nearly as bad as what's happening nationally. Learn more: http://www.22local.com/2008/12/08/jackson_hole_recessionjackson_hole_recession/

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  • Yeah, one would think that after a huge bubble, the home prices would drop (they went up in my area as much as 700% from 1999-2005), but nobody who bought in when it was high wants to lose that much money, so I guess I am gonna have to wait for wage inflation someday to make home-ownership possible. Current wages preclude that.

  • The ending was good.

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