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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Snowshoe who wrote (1983)2/27/2002 9:55:03 PM
From: David JonesRead Replies (1) | Respond to of 306849
 
I'm skeptical of that bit of numbers and forecasting. Alaska is looking at a short fall in their budget. They don't have taxes like most reading this post. The North slope has been subsidizing public works for years keeping property taxes to a fraction of the norm. Plus tourism is way off here in Calif second only to Hawaii. Reason being is both are feed by air travail. I would guess Alaska is also. All in all if they don't get more access to reserved lands. Oil money and jobs will continue to fade. And the public will be asked to foot more of the states bills.
Maybe Anchorage is reaping the benefits of migration form out laying areas?
On the other hand if they do get the reserves opened, even part, then oil will move back in and they be living in a frozen wonderland again.