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  1. National Review2/20/2018 min
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    National Review
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    • jeff4 years ago

      Really excellent read on the housing crisis in Aspen and across the country! Very well written and thought provoking.

      It seems so counter-intuitive that opportunity is becoming increasingly more concentrated in certain urban centers when white-collar jobs can theoretically be performed remotely from anywhere.

      While the current technology isn't quite there (I can't stand trying to work over video calls and screen sharing) it seems like we should be close to being able to solve this. Could be the killer feature for virtual or augmented reality if the fidelity and ergonomics can be improved enough.

    • SEnkey4 years ago

      The bus stops in front of a house that is for sale—not a time-share or a condo but an honest-to-goodness free-standing house, albeit a two-bedroom, one-bath affair that is less than 1,000 square feet. It is listed at . . . $3 million, making it one of the cheapest houses on the market in Aspen. The houses for sale within a few blocks range from $6 million to $31.5 million. One-bedroom condos commonly command a million bucks.

      And that is why a family earning nearly $300,000 a year with just under $1 million in assets—enough to put it well into the nation’s 98th income percentile—is, in this absurd and absurdly beautiful place, eligible for housing assistance.

      Aspen is a city that needs more affordable housing for millionaires.