Interesting NYT Article on Missoula and Other Western Cities

[Keith Miller]

Super interesting article from NYT, that focuses on the development of places like Missoula. The most interesting quote was: 

"According to the Frontier Institute, a Montana-based libertarian think tank, a city like Missoula, which is still more middle class and affordable than Bozeman, has exclusionary zoning — restrictions on town homes and multifamily units, minimum lot requirements — that make it difficult for young families and working-class newcomers to get a foothold in the city. That suggests that Missoula’s relative middle-class-ness won’t last: If I were a Silicon Valley or Seattle exile, I would already be looking there rather than Bozeman. If I were a property speculator, I’d be buying there right now."

https://www.nytimes.com/2022/07/27/opinion/yellowstone-mountain-west.html

[Michael Smythies]

This is great information, thanks Keith. We have a couple clients who have already made the move from Seattle to Missoula this year! A sign for more to come? Only time will tell. Keeping our eyes on the market there.