Private jets flock to Montana - but locals can't afford the trailer park
Summary
Bozeman, Montana, has seen a big population rise since the pandemic, driven by people moving in from other states. This has caused housing prices and rents to jump, making it hard for longtime residents to afford living there.Key Facts
- Bozeman’s population grew about 20% since 2019, reaching over 50,000 people.
- Many newcomers are from the East and West Coasts, attracted by Montana’s low taxes and lifestyle.
- Housing prices in Bozeman increased about 40% in two years.
- Private jets frequently arrive at the local airport, bringing wealthy visitors to exclusive clubs nearby.
- Local rents have doubled or tripled, causing strain on longtime residents, including those in mobile home parks.
- Businesses in downtown Bozeman have shifted from small shops to high-end stores and restaurants.
- The TV show "Yellowstone" boosted Montana’s appeal and influenced the housing market.
- Local officials and grassroots groups are trying to address affordable housing challenges caused by this rapid change.
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