Corporate consolidation is killing ski towns. A video by Sam Denby of Wendover Productions. Mr. Denby lives in in Aspen, Colorado, so he should know.
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Wealthy Americans are leaving Coronavirus-ravaged U.S, cities for their second homes in coastal and ski resorts. Year-round residents of these rural areas are concerned that these rich refugees have brought COVID-19 with them and will overwhelm local grocery stores, pharmacies, and the limited medical resources of their small towns.
More:
“This Pandemic Is Not Your Vacation,” Anne Helen Petersen, BuzzFeed News
“Locals are petitioning to close the bridges into Cape Cod to keep out the influx of second-homeowners fleeing the coronavirus,” Dominic-Madori Davis, Business Insider
“‘We should blow up the bridges’ — coronavirus leads to class warfare in Hamptons,” Maureen Callahan, New York Post
“A plea from rural America: Urban covid-19 refugees, please stay home,” David Yamamoto, Washington Post
“Luxury resorts face coronavirus crisis as the 1% flee cities for holiday hideaways,” Amanda Holpuch, The Guardian
“In Epidemics, the Wealthy Have Always Fled,” Allison C. Meier, JSTOR Daily
Updates:
“New York man fleeing pandemic pays almost $2m to rent Hamptons hideout,” Adam Gabbatt, The Guardian
“Private jet full of super-rich holidaymakers is sent back to London after the group landed in France and tried to get to their villa by helicopter during coronavirus lockdown,” Peter Allen, Daily Mail
“Where the Very Rich Fly to Hide,” Justin Farrell, New York Times
“Tourist Towns Ban Short-Term Rentals to Prevent Virus Spread,” Andrea Noble, Route Fifty
“Vacation Mecca Wants Visitors to Stay Away — For Now,” Bruce DePuyt, Maryland Matter
“Weekending in an Emergency,” Robert Rubsam, The Baffler
“‘It’s beyond frustrating’: tensions peak as Hawaii locals urge tourists to stay out,” Nick Pachelli, The Guardian
“Billionaires’ compound with its own coronavirus testing center stokes anger on the French Riviera,” Washington Post
“Eastward, Ho! Even Art Is Leaving for the Hamptons,” Ted Loos, New York Times
Related:
“When It’s This Easy at the Top, It’s Harder for Everyone Else,” Nelson D. Schwartz, New York Times
“Why the Wealthy Fear Pandemics,” Walter Scheidel, New York Times
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Comments are welcome if they are on-topic, substantive, concise, and not boring or obscene. Comments may be edited for clarity and length.
A long-anticipated real estate deal is about to put eight prime parcels of tropical paradise on the market. White House press secretary Josh Earnest blabbed that the Obama Administration is finally ready to close down the Guantánamo Bay concentration camps detention centers on the sunny island of Cuba.
The canny Mr. Obama teased the deal back in 2009, but waited for the Cuban real estate market to take off, and it’s muy caliente after US normalization of relations with the island nation. There are already deals in the works for a dozen new luxury golf courses, and tourists from as far away as China are waiting for tee times.
The “Gitmo” detention centers now hold 116 inmates guests at a cost of more than $100 million (possibly $454 million) a year, so it’s plainly time to cash out and recoup costs during Cuba’s current resort development boom. The deal would look better without sitting tenants and since 106 of those 116 guests have never been charged or convicted of anything, it’s time to find them other accommodations. And why host the remaining 10 guests at an annual cost of at least $10 million each when the Government Accountability Office has found many alternatives?
NotionsCapital 