30 September 2021 (02:13-UTC-07 Tango 06) 08 Mehr 1400/22 Safar 1443/24 Ding-You(8th month) 4719
For years now, politicians and local business leaders have sworn up-and-down that Idaho’s economy was booming. One of the ‘proofs’ these exalted leaders used was the skyrocketing price of real estate, but those of use working class long term residents knew that was bogus; how can the economy be booming when most working class people are working less hours and making less money? Now it looks like reality is finally pricking the real estate bubble, will it explode or just slowly leak until nothing is left?
Incomplete list of links to recent reports about the reality of Idaho’s realty market:
29SEP2021: Pocatello family sues the city for $21-million, because the city will not allow them to develop their 380 acres farmland! It’s a scandal involving the three years old taxpayer funded Northgate project: “…has knowingly and willingly engaged in a fraudulent and illegal scheme to deprive the Rupp family trust of much of the value of the Rupp property…. its accomplices have conspired with developers including in particular a Utah company Millennial Development Partners LLC to breach an agreement based upon the original design of the intersection that would allow for sufficient access to the Rupp property….”
Reventure Consulting video using Realtor.com data which reveals that Boise leads the U.S. with 920% increase in home price cuts, predicts average house price to go down 40%!:
Idaho’s gov’na wants employers to build affordable housing for employees!!!
09SEP2021: Median price of a home drops in Boise-area
Boise-area home prices decrease for first time
07SEP2021: Four decades after lead based paint was banned from home use, the U.S. Department of Housing and Urban Development (HUD) just gave Pocatello $2.6-million to remove lead-based paint from Pocatello homes!
31AUG2021: Boise-area is the most overvalued market in the United States!
09AUG2021: Boise home prices rising faster than any other U.S. city
Housing inventory up, sales down
07JUN2021: Bannock County admits home owners are getting hit hard for property taxes!
21MAY2021: Amazingly, the ‘experts’ say prices in Boise will continue to skyrocket into 2022
My Immigrant Idaho: CHOBANI TO HIRE AFGHAN REFUGEES, PAR FOR THE COURSE FOR BIDEN, AND A TURKISH OWNED COMPANY!
More Economic Decline for Idaho, 2020: COVID-19 SHUTS DOWN 24HRS WINCO?
02FEB2020: More than 3-thousand home owners appeal outrageous property taxes imposed by Bannock County!
2019: NO MORE IDAHO SHOPKO? THERE NEVER WAS A SHOPKO IN POCATELLO!
Bannock County, Idaho…
ROAD TO NOWHERE (taxpayer funded Northgate scandal)
07JUL2019: Bannock County suddenly imposes outrageous assessments/taxes on home owners!
Idaho State Journal, 2018: Two years later, lease with Indian company amounts to nothing for abandoned Hoku
IDAHO’S CONTINUED ECONOMIC DESTRUCTION, 2017: “CLOSED INDEFINITELY” Incomplete list of economic related events in the U.S. Gem State of Idaho, 2017.
IDAHO’S ECONOMIC DESTRUCTION 2016: “WE PLAN TO SELL IT DOWN TO THE BONES.” “…IT’S CRAPPY…!”
IDAHO’S ECONOMIC DECLINE 2015: “WE’RE GOING TO GO DOWN.”
ONE FINAL LOOK AT THE IDAHO POSTAL PROCESSING CENTER MOST EAST IDAHOANS DIDN’T EVEN KNOW ABOUT!
IDAHO’S ECONOMIC DECLINE 2014: “WE’VE LOST A LOT…SINCE 2007.”
IDAHO POLITICIANS GIVE AWAY MORE THAN $18-MILLION IN IDAHO TAXES, TO OUT-O-STATE LAWYERS!
IDAHO POLITICIANS GIVE AWAY MORE THAN $1-MILLION IN IDAHO TAXES, TO FRANCE!
IDAHO, ECONOMIC DECLINE 2013: “IT WAS A BLOW, CUT US OFF AT THE KNEES.”
HEINZ PULLS STAKE, WARREN BUFFETT ABANDONS POCATELLO, IDAHO! HAPPY NEW YEAR!
700 MILLION+ DOLLAR WHITE ELEPHANT CALLED HOKU FOR SALE IN IDAHO! I’VE BEEN WARNING YOU!
A History Lesson in Economic Decline: POCATELLO’S OLD FRED MEYER & ALBERTSONS ON YELLOWSTONE AVE, DID NOT CLOSE DOWN IN THE 1990S
2010: U.S. BASED HOKU TURNING TO CHINA TO HELP FINISH POCATELLO, IDAHO, PLANT