Yeah that’s all very true. Our place has tripled in value. People are selling comparable places for a ridiculous amount of money. I purchased cheap in 2012 after the market sank and I was sick of paying rent… my rent payments were about the same as a mortgage payment so why not?
Now we could sell for what I think is an obscene price for what we have, but where do we go? If I did not make the decision back then to just go for it, there’s no way I live in this town right now.
And you are right that in VT there are a lot of jobs like teaching, law enforcement, EMT, etc that are now actually way behind the curve… the service industry was forced into high wages if they wanted to continue to operate. The same can’t be said for some other professions. I know a local teacher who’s 17 year old son makes more money than she does bussing tables in the evenings.