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Post by Deleted on Jun 10, 2017 19:26:16 GMT
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Post by chapeaunoir on Jun 10, 2017 20:27:55 GMT
The curious thing about online retailing hollowing out B&M retailing is that it's also hollowing out itself as more and more competition moves online.
This is why massive store closures and bankruptcies DO impact us.
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Post by labbypaws on Jun 10, 2017 22:34:46 GMT
I wonder if online item costs will rise once al the stores close. They may charge for shipping too. I think it is sabotage.
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val2525
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Post by val2525 on Jun 11, 2017 0:08:12 GMT
Well, if Ascena is closing any Catherine's stores, it won't be because of online sales. Ever since they bought the Catherines chain from Charming Shoppes, the clothing has been getting dumpier and dumpier looking. And boring. I haven't been in Lane Bryant lately, so I don't know what they did to LB. But Catherines? I used to be in there at least twice a month, and looked online weekly. I haven't done that since December. I still wear their size, too, 14W/16W. The clothes are just blah. And this is from someone who will be 60 this November. Blah.
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Post by allikat on Jun 11, 2017 0:23:53 GMT
DH is the general manager for 2 malls (one traditional mall and one strip mall) and an office building. The traditional mall is for sale, fingers crossed that it sells soon he will be glad to get rid of it. It was just renovated and reopened in the last year and they have already had stores close such as Rue 21 and several other local chains. All the mall owners/mall management companies realize that the terrain is changing. It is all about online and strip malls now, in and out quick just to store you want to be in. DH is glad that he will be retiring in 5 to 8 years because his field is shrinking and disappearing.
Other than his mall on Fridays because I go to work with him so we can get a head start on the beach trip I cannot remember the last time I was in a mall. I shop TJ Maxx/Marshalls/Home Goods, eBay and other online retailers. I used to be an avid shopper just not interested in wandering anymore.
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Post by SA on Jun 11, 2017 12:33:03 GMT
You know what would be AWESOME for these malls that are struggling? Or already abandoned?
Make them into apartments or "living/lifestyle" communities. Let the bottom floor be stores/restaurants/etc The upper level be living areas. Anything from 4 br apartments to studios.
I watched a short story/documentary on how they did this in a mall (I think in WI) and the tenants seemed to LOVE it!
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Post by allikat on Jun 11, 2017 13:22:03 GMT
One of the abandoned ones in our area is going to be made into a medical complex to consolidate all the services into one area which I thought was a great idea too.
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Post by SA on Jun 11, 2017 13:31:12 GMT
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Post by allikat on Jun 11, 2017 14:39:44 GMT
i just sent that article to DH, the apartment idea is so cool. His mall that is for sale is 5 stories and is zoned for 7 or 9 more to be built on top of mall for office space but I wonder if it could be rezoned for apartments and if this could be a selling point to new owners.
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Post by SA on Jun 11, 2017 14:50:30 GMT
Because if I were a single person or a couple without kids - I would love to live in a mall. It's like it's own little indoor living metropolis. The roof could be a park/garden/dog park/etc. Try and get life conveniences in there that would be good for tenants and other people in the community for a one stop shop: Post office, pharmacy, grocery store, restaurants, etc. The only downside is what the article printed out. There are no full kitchens because of code. Not sure what the stipulations are on all of that, etc.
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Post by chapeaunoir on Jun 11, 2017 19:35:27 GMT
DH is glad that he will be retiring in 5 to 8 years because his field is shrinking and disappearing.
I know how he feels - my field is shrinking and disappearing (documentation) and I'm honestly not up to trying into a new one at this stage of the game.
A variation on Liz's great idea - The mall south of me in north Seattle is thriving because they continue to keep it updated, and a BIG reason is that they're making it into a town center for apartment communities all around it, plus a transit center. So, you can walk a couple of blocks and be at the 'town center' with all services, stores, eateries, places to sit, coffee shops, they have art shows, etc., in the main mall, open it up for senior mall walking early a couple mornings a week (piping in music and a couple of the coffee kiosks open to serve patrons). You don't even need a car - hop on the bus and go anywhere you want because you're at the center. It works really, really well for a lot of people.
Times are changing, a generation is coming up that wants to DO and not just acquire. We had 20 years where people shopped for a pastime, that's leaving and we're going back to shopping when we need things, and having other stuff to do with our time.
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Post by Deleted on Jun 11, 2017 21:59:24 GMT
I love the mall apartment idea in that building. It's so beautiful. After living in a fifth wheel for over a year now, I'm not sure I could go that small again.
I'm glad they're making use of vacant buildings. So many big box stores and malls sit empty until a developer knocks everything down and starts fresh.
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val2525
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Post by val2525 on Jun 12, 2017 0:56:43 GMT
The only downside is what the article printed out. There are no full kitchens because of code. Not sure what the stipulations are on all of that, etc. The code will vary by city. He said he couldn't go that small and have a full kitchen due to city code, yet he needed as many units as possible on floors 2 & 3 to be profitable. He used a different code to get around it. Slick, IMO. Depending on the mall location, you might not need as many units and could have a full but small kitchen. I used to live in a really cool efficiency in downtown Baton Rouge, but I think our units were a little larger, maybe 400 sf?
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Post by SA on Jun 12, 2017 1:38:37 GMT
he mall south of me in north Seattle is thriving because they continue to keep it updated, and a BIG reason is that they're making it into a town center for apartment communities all around it, plus a transit center
Is that Northgate?
Just curious because when we went to the mall that's where we would go. And that Target.
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Post by chapeaunoir on Jun 12, 2017 5:25:44 GMT
he mall south of me in north Seattle is thriving because they continue to keep it updated, and a BIG reason is that they're making it into a town center for apartment communities all around it, plus a transit centerIs that Northgate? Just curious because when we went to the mall that's where we would go. And that Target. Yes, and if you haven't been by in a while, it's really changing. It used to be so dull. There's a lot of construction going on, infill, parks, etc. (I got stuck in it once when I was running from north of town to meet some friends there, following what I thought was a nice path which turned out to go nowhere but into this giant site lol - ooops, not quite finished yet). One complex had a danged big POOL which had tons of people floating around it, sitting, etc. They've daylighted some creeks through there, too. It's addresses the housing crisis we're having now in ways that the younger people in the high tech sector (which is where the jobs are right now) really like, which is nice but somewhat smaller and easier to keep quarters, with good restaurants and services very near, and quick transit to town. We really need affordable housing, it's getting out of control (like you guys in Denver). Converting those old malls to 'neighbourhoods' would achieve the same effect using existing structures. Plough up a lot of those gigantic parking lots and plant a park, and organize the rest for sane parking for the 'neighbourhood', though some of these malls have parking garages. And yeah, I go to that Target!
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Post by SA on Jun 12, 2017 13:10:45 GMT
I haven't been that way since we left 13 years ago. Been to downtown Seattle and driving up to the Burlington area since then, but that's it.
And I think that's why I like the idea of "living in a mall". It would help to level out the housing market.
Denver is such a stupid market. It's Denver. I really do not understand the growth beyond the "pot factor". And as much as I want to blame the industry for bringing in such an influx of people, I think that would be a reach. Too many other states offer MMJ/Rec MJ. And it's just Denver. I've been there a bunch. I do NOT see the draw. It's grown so much that it just keeps moving south. It' affected the market here in The Springs too. I've only been here 3 years and it's been rapidly growing and prices have kept climbing. I simply don't understand it. We only stayed so DS could have stability in school and DH likes his job (though there are transfer opportunities). He could make the transfer to Bellingham (or somewhere near there) but no. That market is stupid crazy. The traffic is quadruple what it is here. Here is just "fine" so I don't really see the big draw here.
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Post by Deleted on Jun 12, 2017 15:28:51 GMT
They have something similar in Branson MO at the Branson landing. It's a big outdoor mall at a pier and they have condos for rent above several stores (long term for tenancy or short term for vacations) also hotels I think, so you can live at the outdoor mall. From what I hear it stays pretty well full ever since they built it several years ago. It's really pretty down there.
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Post by Deleted on Jun 12, 2017 16:42:56 GMT
I haven't been that way since we left 13 years ago. Been to downtown Seattle and driving up to the Burlington area since then, but that's it. And I think that's why I like the idea of "living in a mall". It would help to level out the housing market. Denver is such a stupid market. It's Denver. I really do not understand the growth beyond the "pot factor". And as much as I want to blame the industry for bringing in such an influx of people, I think that would be a reach. Too many other states offer MMJ/Rec MJ. And it's just Denver. I've been there a bunch. I do NOT see the draw. It's grown so much that it just keeps moving south. It' affected the market here in The Springs too. I've only been here 3 years and it's been rapidly growing and prices have kept climbing. I simply don't understand it. We only stayed so DS could have stability in school and DH likes his job (though there are transfer opportunities). He could make the transfer to Bellingham (or somewhere near there) but no. That market is stupid crazy. The traffic is quadruple what it is here. Here is just "fine" so I don't really see the big draw here. There's so much more than weed going on in Colorado. We have growth in the financial and tech sector, manufacturing, energy, and the marijuana sector is huge. Even when oil and gas were hit with the low barrel prices (scaled back), we continued to grow. We also have construction. A lot of people say it's a bubble. It's not. Our housing market is playing catch up from the recession and a law that left multi family home builders more liable in defect lawsuits. So they stopped building. That right there was huge in creating a shortage of housing. I believe they found relief from that so they're back to building multi family units. Once they catch up, then the prices will level off. The combo of people moving out here because Colorado has SO MUCH to offer year round, and the fact that there wasn't enough mulit family and single family homes available has created our market. Colorado is a beautiful all season state. We rank high with quality of life. Companies here can attract talent because we're Colorado.
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Post by Deleted on Jun 12, 2017 16:48:19 GMT
To add: Living in Denver. You're only a few hours away from the mountains, hitting the slopes. My girlfriend and her husband were up there skiing last weekend. The hikers are out. Then we have all the mountain towns.
Denver itself - have you seen the upscale lofts being built everywhere and the 'walkability' going on? What they're creating with shops, restaurants, and lofts along the Platte is really cool. It's attracting people. That along with DCPA. They're amazing.
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Post by SA on Jun 12, 2017 17:07:26 GMT
Yeah. My son lives there. Just moved from The Highlands (he hated it there). Works at an nicer restaurant at Union Station.
I forgot about the housing laws that builders faced. I remember reading about that now.
Even with the industry and skiing I still don't "get" Denver. Probably never will.
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Post by SA on Jun 12, 2017 17:08:58 GMT
I will add that I know I'm in the minority because people are flocking here. If we didn't have a high schooler and we didn't get a good price on our house I'm sure we would be looking to move to a bigger city on one of the coasts.
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Post by Deleted on Jun 12, 2017 17:12:23 GMT
It's not just Denver they're flocking to. It's Colorado. It's all the places accessible from Denver.
I wish people would stop moving here. Have you ever seen the comments section of Denver Now or other Denver sites when they talk about how great Denver is? The traffic is crazy. The accidents are ridiculous.
I'm with you on the housing cost. I'm hoping it levels off soon so homes are in reach for entry level buyers. I'm watching prices rise in the more distant communities from us, thankfully, not like Denver. We need a healthy middle class that can grow steadily from the entry level buyers.
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Post by SA on Jun 12, 2017 17:44:36 GMT
I follow Colorado Springs pages for growth, real estate and rentals. It gets kind of crazy.
Last I checked the average 1 br apartment is close to $1k/mo here. The hotels here are so full because we have families LIVING in hotels. On top of the rent, most places will not rent to ppl with bad credit, evictions, felonies, animals and make 3x the rent. Minimum wage here is still somewhere around $9.30. Locals are struggling. Californians are moving here because it's cheap and the traffic isn't bad. People from MO, IL AND WY are moving here and having a hard time.
Some people down here blame the military. However, we've had 5 bases here for A VERY LONG TIME. Not like there have been an influx of us at one. And we pretty much don't have a say in the matter as to whether we come here or not.
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Post by Deleted on Jun 12, 2017 18:09:03 GMT
I agree, it's not the military. People are spreading out because it's less expensive, but in turn - it's raising those prices. Condos and town home prices are escalating faster than they traditionally do.
My two DD's live together, while going to school, and they're paying 2k a month for a small typical tract style house. Decent neighborhood. They're in the Thornton area. It's crazy. Occupancy rates are ridiculously high.
I'm also watching RV parks fill up with full time living tenants, and driving around I can see that many people have fifth wheels on their property. I'm guessing they're unofficially renting them out.
Anyone who moves here with low paying job skills is going to struggle. Unless they can live somewhere way outside of a city, but then they'll struggle for employment.
Aren't you guys getting hit with the overflow from the south metro area? I thought I read that more people are commuting.
It will level off once they catch up.
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Post by chapeaunoir on Jun 12, 2017 18:32:15 GMT
Last I checked the average 1 br apartment is close to $1k/mo here.
It's about 1200 - 1800 here. People live in a basement room with bathroom privileges for $800/mo. It's also nuts. We're not playing catchup, Seattle is just boom and bust - it has always been that way. Pot has made no difference that I can see. It's too easy to get many other places. The fact that it's a healthy sector just addresses an existing need. I go to a pot shop I like up in Bellingham, and the clientele is always a mix of ages with quite a few about my age (which makes sense - we're very familiar with it from youth, but also it has various uses for stuff that plagues older people), but really all ages and backgrounds. Some come from out of town - it's easy to do.
The influx has done some good things - we have a much better variety of things in town - and its added to the walkability of may communities, particularly since a lot of the people moving in aren't much interested in the car-bound lifestyle - they'd like to have choices and younger folks getting into the market with college debt don't want the money pit one involves. But then you run into the very high rents which is a money pit all its own. It's a dilemma for certain.
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Post by zoesam on Jun 12, 2017 19:22:28 GMT
I haven't been that way since we left 13 years ago. Been to downtown Seattle and driving up to the Burlington area since then, but that's it. And I think that's why I like the idea of "living in a mall". It would help to level out the housing market. Denver is such a stupid market. It's Denver. I really do not understand the growth beyond the "pot factor". And as much as I want to blame the industry for bringing in such an influx of people, I think that would be a reach. Too many other states offer MMJ/Rec MJ. And it's just Denver. I've been there a bunch. I do NOT see the draw. It's grown so much that it just keeps moving south. It' affected the market here in The Springs too. I've only been here 3 years and it's been rapidly growing and prices have kept climbing. I simply don't understand it. We only stayed so DS could have stability in school and DH likes his job (though there are transfer opportunities). He could make the transfer to Bellingham (or somewhere near there) but no. That market is stupid crazy. The traffic is quadruple what it is here. Here is just "fine" so I don't really see the big draw here. It's not the pot. This is Denver's 3rd big boom in the last 40 years or so. It made the cover of Time back in the early 90's b/c of the boom then. In fact, we considered moving there at that time, but we decided to build another house in Mpls instead. I remember it so clearly b/c after that Mountain States issue of Time in the early 90's, we thought that was it, we'd never be able to move to Denver, cuz now EVERYONE was moving there LOL. I still have some regrets, as we would have been able to live in Denver (not stuck here in the Springs), had we done in 94 like we considered, but oh well, we built an amazing house in Mpls that is still my gold standard for the perfect house & I wouldn't have had that experience had we moved to Denver. But had we done it in 94, I would be living on my red rocks property in Perry Park, that's so beautiful I cry when I go out there! We'll have to take a little field trip there sometime Liz. Half hour south of Denver & you are in another WORLD! But in the 5 years after that, when we moved here in 99, we had pretty much been priced out of Denver with the size yard that we wanted. We had a 1/2 acre in Mpls, which was on the large side of normal. In Denver, even in 99, there were only postage stamps (& I don't mean Denver proper, I mean Parker, Littleton, Lone Tree, etc). Douglas County was the fastest growing county in the country, way back then & it's stayed near the top, all this time. This is not a new phenomena b/c of pot, this has been going on for decades! Denver has a high quality of life (very similar to MSP), large percentage of college graduates, it's not an industrial city (which was important to us) & it has great weather year round (tho still 4 seasons), a good economy & great easygoing, friendly people. Plus virtually no natural disasters (that was before the fires), compared to many other places. It's everything you could want in a city! To us, it was a good climate Mpls, tho with less F100 co's HQ'd there, so it was not as good of an IT climate, as Mpls, but since DH commuted to CA anyway, it didn't matter. It's also got a lot of young people & so it's vibrant & a healthy lifestyle is popular. I'm not into beer, but I hear that some people move b/c of the craft beer alone. We had it narrowed down to PDX & DEN. The sunshine won out, though we love Portland too, that 300 days of sunshine is a HUGE draw for some of us! Esp if you come from Mpls & Cleveland, like I did. I do think it's experiencing another bubble though from my mtg broker who's based in Cherry Creek. With your son in Highlands, you know, my BFF lives in Highlands & lots are being scraped constantly for >1M homes. University Hills is experiencing some of the same, those are just 2 hoods I happen to be familiar with, but both of my friends in each, would never leave, they LOVE Denver! My Highlands friends can still walk to work downtown & yet have everything they need within minutes. They rarely drive anywhere. My friend in Univ. Hills is in his 60's & bikes to work most days, a few minutes away. I had the same thing in Mpls, I lived in a DT condo & didn't see my car except on the weekends. There's a trend to towards more urban living for families, which I get. We really struggled when we left the city for the burbs. Unfortunately, all the things that have made Denver desirable that have caused the flock there, have made it not as attractive as it once was. But Denver was like a Mpls to us, which is an amazing city, but with decent weather & spectacular beauty & hiking & mountains an hour away. Though these days, it takes more like 3-4 hrs to get to the mtns from Denver. Last time I went from Parker, we were stop & go for 4 hours all the way to the mtns & back :-( Lots of museums & concerts & hiking & plenty to do. It's a great place for those who want a healthy, active, outdoor lifestyle with culture & intelligence. We bought 3 properties out here & we don't regret moving here for a second. We do wish it had been Denver, rather than the Springs, as I hate the culture of the Springs (so glad YOU came :-) ), but it is arguably more beautiful here & it's more accessible b/c our traffic isn't so bad. We would have preferred to be in Denver b/c the culture was what we were used to in MSP & what we liked. Plus there were big city amenities. The Springs is a small city & many people prefer living in a big city b/c of all the things to do. All in all, maybe we're better off for having bought down here rather than Denver, where the traffic is truly miserable now & the yards are even smaller than when we were looking. But if we won the lottery, we'd probably be in a Denver burb or more likely Boulder, tomorrow. We still miss so many aspects of big city life! Though you're right, that the Springs is growing somewhat, most of the rental situation from what I've heard, has to do with the fires. There's' still not that many moving here who commute to Denver. More down to Monument than before, but not as much in the Springs. My mtg broker was seeing some of it, but not as much as you'd think & my experience in selling my house last year, bears that out. It still took around 4-6 months (can't remember) to sell, not the 1-7 days everyone said it would. Those really quick sales are for the very low prices, not for mid priced homes. I'm active on a forum for relocation & there's a few inquiries a week into the Springs & a few inquiries/day for Denver. Home owners are def starting to get priced out of Denver, but I don't see that in the Springs. Renters though, are a different story. Different strokes for different folks, but yeah we very much wanted Denver & chose it. I had a co-worker in Mpls, who moved out there tho', he was a single, high earning IT Sales guy, but had a ski bum personality. He hated the dry air so much, he moved back, even tho' you'd think Denver was a perfect fit for him. My DH loves the dry air so much, he doesn't miss a second of midwest humidity LOL. Different strokes. Maybe you like more culture? From being in DC? I lived outside of DC too & that's a place with world class amenities & cultural experiences. I was a kid though & couldn't appreciate it at the time . ETA: The military is not responsible for the influx. My last street was almost all military people, former military or civilian contractors. There was a lot of transiency in the hood, but in the 16 yrs I lived there, I didn't notice a change in the amount. Compared to my neighborhood in Mpls, where 1 house went up for sale in 5 years. When we went to sell our house, there was a waiting list of people wanting to get into the hood. I haven't seen that here, there always seemed to be 10-20 houses for sale in a hood of 224 homes, for the past 16 years & still now, I still drive through there all the time.
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Post by zoesam on Jun 12, 2017 19:27:47 GMT
Last I checked the average 1 br apartment is close to $1k/mo here.It's about 1200 - 1800 here. People live in a basement room with bathroom privileges for $800/mo. It's also nuts. We're not playing catchup, Seattle is just boom and bust - it has always been that way. Pot has made no difference that I can see. It's too easy to get many other places. The fact that it's a healthy sector just addresses an existing need. I go to a pot shop I like up in Bellingham, and the clientele is always a mix of ages with quite a few about my age (which makes sense - we're very familiar with it from youth, but also it has various uses for stuff that plagues older people), but really all ages and backgrounds. Some come from out of town - it's easy to do. The influx has done some good things - we have a much better variety of things in town - and its added to the walkability of may communities, particularly since a lot of the people moving in aren't much interested in the car-bound lifestyle - they'd like to have choices and younger folks getting into the market with college debt don't want the money pit one involves. But then you run into the very high rents which is a money pit all its own. It's a dilemma for certain. You've pretty much described Denver too :-) The rents in Denver are on par with what you describe Chap. I think Liz was talking about the Springs & our rents here are much higher than before, but still this is a small, small city, it can't really be compared to a large metro like Seattle or Denver.
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val2525
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Post by val2525 on Jun 12, 2017 20:52:32 GMT
Yeah. Even with the industry and skiing I still don't "get" Denver. Probably never will. I agree, Liz. I don't "get" Denver (or CO) either. Taxes are ridiculous, especially employer taxes. Cost of living is insanely high and average wages have NOT kept up. Traffic sucks and will continue to do so for at least a decade, since CO seems to be big on toll roads rather than interstate loops etc. I don't even think the weather is all that great. Sorry, CO boardies, but I don't see the attraction.
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Post by zoesam on Jun 12, 2017 21:33:56 GMT
Yeah. Even with the industry and skiing I still don't "get" Denver. Probably never will. I agree, Liz. I don't "get" Denver (or CO) either. Taxes are ridiculous, especially employer taxes. Cost of living is insanely high and average wages have NOT kept up. Traffic sucks and will continue to do so for at least a decade, since CO seems to be big on toll roads rather than interstate loops etc. I don't even think the weather is all that great. Sorry, CO boardies, but I don't see the attraction. You have to keep in mind that what the person is used to, is key. Taxes are actually very low here, compared to MSP. Same for most of the Californians. I'm not sure about employer taxes, but property taxes were almost $6K in Mpls on essentially the same house as I bought here, where they were around $1200. Now it's gone up, but it's still WELL under 2K & I imagine my old house in Minne is prolly $8K by now. MSP has VERY high tax rates. The sales tax here is just creeping up to what I was used to in Mpls (tho' they didn't tax clothes & groceries there). If you're comparing the weather to ABQ, it's pretty similar, if you're comparing it so MSP, it's FANTASTIC! There's no comparison, there's basically no winter here (compared to Minne), 300+ days of sunshine, no humidity, no months of hanging out in the tornado shelter. If someone's coming from FL though, they often think winter here is tough & cold. It's all relative to what you're used to :-) It's all cool, it's not for everyone. The roads could definitely use improvement, though I only know of 2 toll roads & there aren't any down here in the Springs. Toll roads are a trend in many areas though. ETA: Oh & I was just reading on my relo board how crime is "so high" here. I was LMAO. We have about 25 homicides a year, that's very low to me. Esp when you factor in that most are related to crimes, so don't really impact the majority of law abiding citizens. But they were comparing our murder ratio to that of LA. It's really what you're used to.
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Post by Deleted on Jun 12, 2017 21:41:12 GMT
Don't apologize, Val. I love Colorado and wish more people would stay out of here.
The Summer before I was diagnosed was the last Summer I was hitting our 14'ers. You can't go on a weekend because the traffic heading I-70 W is atrocious. I introduced my niece to one of our peaks and at the same time my DH ( in another vehicle ) was towing a camper up to a job site for a friend. He was 45 minutes West of us.
Coming down, he was behind me by two hours. Same thing in the Winter. There's the train and shuttles, but it's better to go during the middle of the week. And our parks are getting trashed, literally trashed. I don't know why people are so nasty with their habits and their pets, but it's happening. I won't blame that on people moving here, because no one knows for sure who's doing it. It's just more people, more trash.
I can't even drive to Denver anymore without getting bogged down somewhere.
Val - CDOT is in a huge financial crunch. My SIL works for them and the finances are not good. Right now I'm loving the toll roads because it's worth paying a few dollars to keep moving. I was using E-470 and loved it.
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