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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Wyätt Gwyön who wrote (38252)8/9/2005 6:08:04 PM
From: carranza2  Read Replies (1) | Respond to of 110194
 
Aspen underwent a secular change from a sleepy backwater to a playground for the rich and famous. that's a special situation.

Well, yes and no.

First off, it was bohemeian and genuinely fun at one point. Having sipped a few at the Jerome before it got renovated into the POS it is now, I am in a position to know.

Plus, the scenery is still beautiful.

Anyone with a bit of sense, easy to come in hindsight, I admit, could have seen that the fortunes being accumulated in the mid80s and the late 90s were going to be spent in places like Telluride, Aspen, etc., and that the rising tide would lift chumps like us, too.

special situations that turn out to be the next Aspen or Carmel or Jackson Hole.

Since I cannot think of the new places, I'm all ears.......

Steamboat--nah
Vail--too late
Deer Valley..too late

The trick is to find the place suited to one's likes....and pocketbook.

The best RE advice I've heard is this: "Buy in the beautiful places, the world is getting uglier."



To: Wyätt Gwyön who wrote (38252)8/9/2005 10:09:14 PM
From: NOW  Respond to of 110194
 
besides which ,like Aspen is sooo 90's.....<: