Do you see how they gaslight homebuyers? Saying the prices aren't unfair, there are just too many buyers? The housing market has been weaponized by coordinated cross-corporate pricing schemes, and is hostile to consumers.
This is the real answer, and it's so obvious to anyone who isn't economically benefiting from these laws. Notice that at no point in the video did he actually try to answer WHY Alaska is overcrowded, he just did a lot of hand-wringing and circular talk about the fact that it is overcrowded.
@@aknature1575 I am not talking about mundane building codes. I am talking about zoning, permitting, and environmental laws that severely limit what can be build. Those have absolutely nothing to do with safety.
I was in Alaska late July-early August 1996, and encountered few mosquitoes except in one remote area N of Fairbanks. People in Alaska told me it was a "good" year in that mosquitoes were less abundant. I'll be going back this coming July. I experienced more mosquitoes near Laramie, WY and the Everglades in FL than during my first trip to Alaska.
@@Just_a_Tool It depends on where in Georgia one lives. In the northern part there are relatively few mosquitos. I suspect the southern part, with its swamps, has many more.
Sounds like NJ. When every home built in the past 20 years comes at an 800k price tag, it’s no wonder the overwhelming majority of people can’t afford to own a home. There is no home shortage, just an abundance of greed.
No homes are being built is why homes are expensive. The materials cost for building homes has gone up with inflation. Alaska has plenty of space to build homes, and making more houses would lower their cost since there would be a larger supply of them. It'd just have to be in one of the towns of Alaska that isn't large. But no one seems to be too interested in moving to the wilderness of Alaska in a community of 200 - 1300 people. Alaska is basically the last frontier of the wild west in the parts of the state where a city is several hours away.
@@Just_a_ToolWhile supply and demand plays a role, If middle class homes cost 800k in new Jersey then it's more of a greed craze than anything else. NIMBYs,house flippers, rich foreigners buying expensive real estate, land speculators, developers prefetc.ering to build luxury condos than low income housing. Let's not pretend it's not greed.
@beyondborderfilms4352 Greed is the reasoning people use when they don't want to think about it for too long. Never settle for the answer being, "Well, because these people are evil and greedy is why." I forgot to mention in a state like Jersey, a lot of the land is occupied with zoning laws not allowing new houses to be built, leaving not many new homes being made and the majority of the houses on the market just being there to be flipped because everyone knows there aren't many other choices a buyer would have. Inflation obviously doesn't help either.
42 year Alaska resident here. its only going to continue to get worse as long as short term rentals are still a thing, people make a killing in the summer renting out places , so any thing that used to be affordable is now a rental property of some sort. they are building a lot of affordable housing out in the Valley in the last couple of years, but ultimately i dont think that will make a huge difference
I’ve lived in the valley 45 years and where I live there has been some building until the interest rates went up. There is a house up the road from us for sale for $700K and a duplex for about 600k. We are finishing a small duplex with one bedroom units. I might go the short term rental route as I can make good money in the summer.
@@Chris_at_Home That's the traitorous critic fallacy. My country is just as much mine as it is everyone else's. We need to engage the problem, not dodge it.
Fairbanks resident here: you're right. But also, you are running out of room down there. You could really use that bridge from downtown across Knik over to Big Lake.
Few places in the US are overcrowded. Not only are there vast spaces between cities in the US, but much of the "cities" in the US are suburbs tightly ringing a downtown. Ffs, even NYC is too spread out when one considers Staten Island and Queens.
Never really got the entitlement of people moving to big cities and complaining there's no houses. Like what do you expect when everyone is moving to bigger cities ofc there be a home shortage. But I do think rent and housing is unaffordable as hell even with unpopular cities.
@@Smile200-z4yCapitalism leads to more and more capital being concentrated in one place. When motivated by profit only, a businessman will build 10 factories in 1 city rather than 10 factories spread out. There may be too many factories for the workers, but who cares, they'll all move to the city anyway, and the infrastructure investment will go solely to the city, worsening the problem. Blame the system, not the people.
Alaska is not over crowded, sure maybe it’s having a housing shortage but those are completely different things. Plus when look across the Bering sea, Siberia has cities that are further north that are larger and growing faster than Anchorage. City (latitude): 2023 / 2020 (change %) Yakutsk (62°01′48″N): 361,154 / 322,987 (+11.8%) Anchorage (61°13′00″N): 286,075 / 291,247 (−1.8%)
Also as an urban planner who has worked in affordable housing... luxury construction doesn't instantly provide affordability, but it still addresses demand. As an example, when New Orleans became a hotspot of filmmaking in 2012-15, this created a higher demand for housing. But it wasn't like these new employees just WEREN'T going to move to New Orleans if there wasn't a new apartment. They would rent/buy the older houses that most New Orleans residents live in. Fortunately, historic tax credits allowed New Orleans to renovate a lot of units downtown where the actors and workers wanted to live, and this took pressure of the "normal" neighborhoods. Most people are in a city cause they want to or have to, and in either case, if there isn't a nice luxury apartment available, they WILL take the next tier down. You can compare cities which have made it easier to build housing in general, such as Chicago, with those that have made it nearly impossible, like San Francisco, and see that the former has more affodable housing. Housing is to a large degree fungible. Let's build more fucking places to live
@@agricola Yes, but not Petropavlovsk, Murmansk, and Magadan. Petropavlovsk-Kamchatskiy was Russia’s largest eastern port before the Crimean War - after that Vladivostok became it’s largest port in the east. Magadan was also a port in the east. Norilsk and Surgut were mineral extraction hubs, yes. Some other towns were made for military purposes. I think maybe Oymyakon? Or Omolon? I get those two confused - but one of them had an airport and was a hub for Lend-Lease.
*Homes in Alaska sounds like a death sentence. Or atrocious energy bills. With density, you have neighbores themselves heating, and the capacity of building communal heating systems way more effectivs :3
@@marcbuisson2463 That's dumb, people have been living there without that for a long time. What you need is a good fireplace in a smaller home because that requires less wood to heat.
@@alaskanmooseman5975 In 1970 the average yearly wage was $10k and average house price 17k. Today the average yearly wage is 53k, and average house price is 375k. Housing, 4%/year on the money. Wages, not so much. If wages increased to keep up with housing, the average Joe would make a cool 200k per year. Even if there were no restrictions at all, profit would still be impossible. It will never be profitable, because today's "lower income" is destitute compared to the past and more so yearly, as long as average wage growth remains stagnant.
We bought our home in Anchorage for 240,000 in 2006. We sold that same home last week for 500,000. there are no affordable single-family homes for middle-class families in Alaska. If you didn’t buy your home before 2010 you were price out of the market.
Alaska's not overcrowded, It does have some political, geographical, infrastructural reasons that limit its growth. To me, there are places that are genuinely overcrowded like Tokyo or New York City to give it example, I genuinely would say most places aren't overcrowded. But I wouldn't say majority of that is the case for the world. However, spreading " urban sprawl" out the way that human beings tend to prefer is that once a city gets filled up or the growth is limited whether by natural means, by zoning, or technological limitations. Sprawl isn't good either. For the environment. So we have to find ways to enjoy our urban environments more. A lot of Alaskan cities face just like any other American cities poor urbanism. But that's a different subject.
@@milliedragon4418 Americans build dysfunctional cities. You guys manage to build 25k pop cities with horrendous traffic, ugly as fuck road and urbanism, no main streets nearly no public services, roads and water infrastructure taking 90% of your taxes, than wonder why you live in a hellscape, and it feels like even if you pay taxes, it goes nowhere.
My brother owned a house construction company and his experience in attempting to make affordable houses was hell on earth. Between regulations, crews, and codes he found it nearly impossible to balance it (though admittedly he isn't a finance guy.) When prices jumped extreme a couple years back he found it even more difficult adapt and went bankrupt. There is more to building affordable homes than "construction companies following trends." A lot more.
The problem with affordable housing is that the problem isn't (just) the housing. You can't make affordable housing for people who can't afford anything. The biggest problem, for housing but also almost every other blight on our people, is nobody has money. That's 95% of it. Real wage values have been steadily decreasing by inflation, and the true worth of what most people are getting paid is shifting into poverty levels. There will never be affordable housing as long as the average person is not at least doubling their earnings every decade, because that's the rate the value of housing increases.
@ I agree the wealth is to concentrated. Never mind the currency we use. The wealth itself is centralized making everything much more costly. Raw land in Wyoming is expensive. Even Kansas!
The issue is that it lacks multistory homes and Appartment buildings. The issue is like in many places within remote areas like in popular Rocky Mountain retreats that they lack simple cheap and affordable housing. 1 bed one bath or 2 bed one bath units or evem Studios.
Apartments would be both more affordable and significantly more efficient to heat and cool AND would moderate urban/suburban sprawl from encroaching on wild spaces (which the state) relies on economically). But unfortunately luxury McMansions is all anyone wants to build.
I think you are missing a key side of the solution, which is by growing the construction labor market. More consistent workforce is a cornerstone for any economic development especially the real estate market
Dear Alaskans, your state looks so pretty and like you have a lot of nature. I live in Florida and love nature, but also love city amenities so I’ve thought of anchorage in the past. But, do y’all know any Florida people who have survived the winters there? I’ve never seen snow, so I don’t know if I’d survive LOL
@@wallcouldtalk that makes sense. I guess the positive unlike here, is you can always add more layers. You can only take so many off before you are arrested around here 😂
Hey bro I'm from Anchorage and I lived in cocoa Beach Florida for a few years I loved it there . Being from Alaska it was very hot for me especially summer. Winter was nice. I got into surfing there I'm a lifelong skateboarder so just kinda made sense. Anyways I got acclimated and used to Florida and you can do the same here. Anchorage is about 400,000 metro area with eagle river, girdwood, and the valley pretty much being suburbs. You will get acclimated here. It's a dry cold and heat here so not very humid like Florida so much more tolerable. We are on a golf stream as well as on the Pacific Ocean and surrounded by mountains so it's actually not near as cold as you think. Think of maybe Minnesota or Chicago or New York in comparison honestly. Roughly 6 months of winter 6 months of no snow. Summer is May through August September and. October are kind of fall. It snows late October every year sometimes early November. Anchorage is a very beautiful city lots of. Outdoor stuff it's a good. International food scene and the job industry here is very good lots of high paying jobs with a low unemployment rate. Visit sometime. Maybe come in summer first. Florida was a good change for me. Maybe Alaska would be a good change for you. It's good to try the exact opposite sometimes. 😊
I mean, if a place is developed the “american way” with little research done for feasability, it does make sense. A consideration in mind could be researching more what can be done to improve the infrastructure in so many aspects that specify for arctic regions, in the scope of developing for the people, not the cars/transport
Alaskan here, i will say that we prefer to drive newcomers out so other Alaskans can get a house. We also dont like it when yall go balistic over patch of river shore because “ i saw a 5 inch trout” BOY THATS TINY AF A SMALL TROUT IS A 9incher
@@IHaveTheSchwartzhe said its the most northern populous city in North America. He didn’t say its more northern and more populous than Edmonton, he just said of all the cities which can be considered populous (ie prob above 100,000 if I had to guess), Anchorage is the most northern one. He is not factually incorrect, you just fail to comprehend what he said.
first minor solution: rent being locked to a set price that actually allows people to afford the apartments, the fact that our society is so hyper focused on ever increasing profits, and not, well human lives is stupid
The advent and proliferation of using affordable single family homes as short-term rentals is a scourge for locals the world over whether you live in Anchorage, Fairbanks, Florida, Portugal, or Palma de Mallorca. …and the additional upward pressure that corporate landlords investing institutional money put on rents and new purchases sight unseen doesn’t help either. As a former Alaskan myself, it was nice to see various parts of the state but I couldn’t help but chuckle as this Outside narrator mispronounced various names - CoconoPhillips (really, now that’s just careless). Go ‘nooks!
I moved out of Fairbanks 2 years ago. The borough council arbitrarily decided everyone's homes were now worth twice as much. Couldn't afford the taxes on a house that expensive. So we finally left after 23 years there. Also, have you ever tried to use a roundabout that's covered in ice?
This problem is everywhere in the US. only high value housing being built. because politician keep trying to raise property value. Henry George's single tax would help with the issue. also with relaxing zoning laws. I Think small archology like building would be good especially with the winter cold. but politicians would lose funding and votes if they devalued people housing investments.
This is the dumbest thing I've ever seen. I've lived in Alaska my entire life, the closest city/town to mine (im considering anything that has more than 5 roads a "city") is 350 miles away. And there is NOT a housing crisis, at least not in Fairbanks (where I live), and I have never heard of that being an issue anywhere else in the state. This is laughable. Where do you do your research? DO YOU do research?? Also if youre going to do a video on Alaska, at least pronounce Wasilla and Sitka correctly, I mean cmon.
Born and raised in Anchorage, all I can say is, we had the worst liberal politicians you’ve ever seen, from the sierra club to special interest in the oil companies that’s what screwed everything up here
Let’s see people are basically living on a coastal shelf when they live in in Anchorage Fairbanks is in a fertile valley. That is a growing season. That’s like two months. There is that much Habitable space So many cases, you have very limited space, long supply chains, and climate conditions Over 300,000 people a large city and the large city in Alaska is about right I think Fairbanks says maybe 40,000 people I read people in Alaska, hunt and forge for food as a way of supplement either grocery bills
Content and overall direction good, but receives only a D+ due too clearly mispronouncing and misrepresenting almost all basic local information. Keep trying to improve.
61.3% of that land is owned by the federal government. Maybe they should relinquish some of their claims so the people of Alaska can actually build towns
Alaska has no statewide income or sales tax, so it depends where exactly, but the average state and local taxes combined is 1.76%. The cost of living is expensive upon first glance, but there are other factors of living there that are cheaper that can even it out. My research on this is still ongoing, but it seems where groceries are more expensive, you also aren't having as much of your money taken through taxes. Alaska and NJ are similar. It's just one feigns lower prices because people don't connect they're also being taxed hard.
Do you see how they gaslight homebuyers? Saying the prices aren't unfair, there are just too many buyers?
The housing market has been weaponized by coordinated cross-corporate pricing schemes, and is hostile to consumers.
It’s only artificially overcrowded. It’s laws that make it difficult to build housing.
This is a problem for any city in the US
This is the real answer, and it's so obvious to anyone who isn't economically benefiting from these laws. Notice that at no point in the video did he actually try to answer WHY Alaska is overcrowded, he just did a lot of hand-wringing and circular talk about the fact that it is overcrowded.
Well I doubt you’d prefer having your house fall on top of you in a earthquake, or having all your water pipes burst because of bad insulation, etc.
@@aknature1575 I am not talking about mundane building codes. I am talking about zoning, permitting, and environmental laws that severely limit what can be build. Those have absolutely nothing to do with safety.
1 year ago: why no one lives in Alaska
Now: how Alaska got so overcrowded
Damn
I visited Alaska when it wasn’t winter. It was beautiful but the mosquitoes made me never want to go back 😂
I was in Alaska late July-early August 1996, and encountered few mosquitoes except in one remote area N of Fairbanks. People in Alaska told me it was a "good" year in that mosquitoes were less abundant. I'll be going back this coming July. I experienced more mosquitoes near Laramie, WY and the Everglades in FL than during my first trip to Alaska.
Always confuses me when people complain about mosquitos, here in ireland we dont have any
@@socire72LUCKY!!! You're living the dream then LOL!!
Mosquitoes are Alaska's state bird as stated by someone who moved there from Georgia.
@@Just_a_Tool It depends on where in Georgia one lives. In the northern part there are relatively few mosquitos. I suspect the southern part, with its swamps, has many more.
Bru it ain’t even overcrowded tho there’s like a biggish city and then a mid size city lol and then tiny towns scattered across the massive state
the whole point of the video is that the overcrowding comes from the lack of affordable housing, not lack of space to build said housing
Sounds like NJ. When every home built in the past 20 years comes at an 800k price tag, it’s no wonder the overwhelming majority of people can’t afford to own a home. There is no home shortage, just an abundance of greed.
No homes are being built is why homes are expensive. The materials cost for building homes has gone up with inflation. Alaska has plenty of space to build homes, and making more houses would lower their cost since there would be a larger supply of them. It'd just have to be in one of the towns of Alaska that isn't large.
But no one seems to be too interested in moving to the wilderness of Alaska in a community of 200 - 1300 people. Alaska is basically the last frontier of the wild west in the parts of the state where a city is several hours away.
@@Just_a_ToolWhile supply and demand plays a role, If middle class homes cost 800k in new Jersey then it's more of a greed craze than anything else. NIMBYs,house flippers, rich foreigners buying expensive real estate, land speculators, developers prefetc.ering to build luxury condos than low income housing. Let's not pretend it's not greed.
@beyondborderfilms4352 Greed is the reasoning people use when they don't want to think about it for too long. Never settle for the answer being, "Well, because these people are evil and greedy is why."
I forgot to mention in a state like Jersey, a lot of the land is occupied with zoning laws not allowing new houses to be built, leaving not many new homes being made and the majority of the houses on the market just being there to be flipped because everyone knows there aren't many other choices a buyer would have. Inflation obviously doesn't help either.
42 year Alaska resident here. its only going to continue to get worse as long as short term rentals are still a thing, people make a killing in the summer renting out places , so any thing that used to be affordable is now a rental property of some sort. they are building a lot of affordable housing out in the Valley in the last couple of years, but ultimately i dont think that will make a huge difference
I’ve lived in the valley 45 years and where I live there has been some building until the interest rates went up. There is a house up the road from us for sale for $700K and a duplex for about 600k. We are finishing a small duplex with one bedroom units. I might go the short term rental route as I can make good money in the summer.
housing should not be a commodity to be bought or sold. its a basic human need.
@@socire72 Just move somewhere where that will be taken care of for you. I am sure there is a country that will accommodate you.
@@Chris_at_Home That's the traitorous critic fallacy. My country is just as much mine as it is everyone else's. We need to engage the problem, not dodge it.
@@socire72 Karl Marx is in hell where he belongs
As an Alaskan, I can confirm we try our best to keep people out of our state :)
Hahaha, good one!
It’s still a great place to live
Nice cope 🤡
you wouldn't be an Alaskan if other people didn't come to your state.
I agree. I’ve live just north of Wasilla since 79 I’ve seen big changes The Mat -Su had about 17,000 people then and now it’s about 115,000.
Anchorage resident here: the city makes it stupidly difficult, lengthy, and expensive to build new housing. That's the primary reason in Anchorage.
Alaska’s municipal governments are all run like suburban municipalities in the lower 48. Extreme NIMBYism and no initiative.
Fairbanks resident here: you're right. But also, you are running out of room down there. You could really use that bridge from downtown across Knik over to Big Lake.
@@timpalmer7934 space isn’t the issue, the issue is restrictive zoning that won’t let the neighborhoods around down town densify
@@Hahlen exactly, we oughta develop huge parking lots before building out
Few places in the US are overcrowded. Not only are there vast spaces between cities in the US, but much of the "cities" in the US are suburbs tightly ringing a downtown. Ffs, even NYC is too spread out when one considers Staten Island and Queens.
Its just clickbait.
Never really got the entitlement of people moving to big cities and complaining there's no houses. Like what do you expect when everyone is moving to bigger cities ofc there be a home shortage. But I do think rent and housing is unaffordable as hell even with unpopular cities.
Its just when everyone moves to the big cities, the smaller towns get kicked to the side
@@Smile200-z4yCapitalism leads to more and more capital being concentrated in one place. When motivated by profit only, a businessman will build 10 factories in 1 city rather than 10 factories spread out. There may be too many factories for the workers, but who cares, they'll all move to the city anyway, and the infrastructure investment will go solely to the city, worsening the problem.
Blame the system, not the people.
How funny. This exact situation happened in USSR. But there you couldn’t freely move to city from village.
Alaska is not over crowded, sure maybe it’s having a housing shortage but those are completely different things. Plus when look across the Bering sea, Siberia has cities that are further north that are larger and growing faster than Anchorage.
City (latitude): 2023 / 2020 (change %)
Yakutsk (62°01′48″N): 361,154 / 322,987 (+11.8%)
Anchorage (61°13′00″N): 286,075 / 291,247 (−1.8%)
Norilsk, Murmansk, Petropavlovsk-Kamchatksiy, Magadan, and Surgut are some other examples
Also as an urban planner who has worked in affordable housing... luxury construction doesn't instantly provide affordability, but it still addresses demand. As an example, when New Orleans became a hotspot of filmmaking in 2012-15, this created a higher demand for housing. But it wasn't like these new employees just WEREN'T going to move to New Orleans if there wasn't a new apartment. They would rent/buy the older houses that most New Orleans residents live in. Fortunately, historic tax credits allowed New Orleans to renovate a lot of units downtown where the actors and workers wanted to live, and this took pressure of the "normal" neighborhoods. Most people are in a city cause they want to or have to, and in either case, if there isn't a nice luxury apartment available, they WILL take the next tier down. You can compare cities which have made it easier to build housing in general, such as Chicago, with those that have made it nearly impossible, like San Francisco, and see that the former has more affodable housing. Housing is to a large degree fungible. Let's build more fucking places to live
@@socire72 those are mineral extraction hubs that wouldn’t exist otherwise
@@agricola Yes, but not Petropavlovsk, Murmansk, and Magadan. Petropavlovsk-Kamchatskiy was Russia’s largest eastern port before the Crimean War - after that Vladivostok became it’s largest port in the east. Magadan was also a port in the east. Norilsk and Surgut were mineral extraction hubs, yes.
Some other towns were made for military purposes. I think maybe Oymyakon? Or Omolon? I get those two confused - but one of them had an airport and was a hub for Lend-Lease.
Thank you for watching my video on the housing crisis in Alaska
tiny homes in alaska sounds like a death sentence
what is wrong with tiny homes?
@@LucasDimoveo why arent they just called trailers
*Homes in Alaska sounds like a death sentence. Or atrocious energy bills. With density, you have neighbores themselves heating, and the capacity of building communal heating systems way more effectivs :3
@@marcbuisson2463 That's dumb, people have been living there without that for a long time. What you need is a good fireplace in a smaller home because that requires less wood to heat.
@@LordDoof it aint dumb, its just another way of heating
when construction companies only build luxury or semi-luxury housing for 20 years straight this is what we get. Not only in Alaska but the entire U.S
The restrictions on building make it unprofitable to build lower income units.
@@alaskanmooseman5975 In 1970 the average yearly wage was $10k and average house price 17k. Today the average yearly wage is 53k, and average house price is 375k. Housing, 4%/year on the money. Wages, not so much. If wages increased to keep up with housing, the average Joe would make a cool 200k per year.
Even if there were no restrictions at all, profit would still be impossible. It will never be profitable, because today's "lower income" is destitute compared to the past and more so yearly, as long as average wage growth remains stagnant.
We bought our home in Anchorage for 240,000 in 2006. We sold that same home last week for 500,000. there are no affordable single-family homes for middle-class families in Alaska. If you didn’t buy your home before 2010 you were price out of the market.
That literally the same every where nowadays though
Imagine the profits if you would’ve bought during 2007/2008 during the crash instead!!
how did the people buy your home then. what are u saying
@@sich-b7i They're saying that the people who bought their home weren't middle-class, by deductive reasoning.
Alaska's not overcrowded, It does have some political, geographical, infrastructural reasons that limit its growth.
To me, there are places that are genuinely overcrowded like Tokyo or New York City to give it example, I genuinely would say most places aren't overcrowded.
But I wouldn't say majority of that is the case for the world. However, spreading " urban sprawl" out the way that human beings tend to prefer is that once a city gets filled up or the growth is limited whether by natural means, by zoning, or technological limitations.
Sprawl isn't good either. For the environment. So we have to find ways to enjoy our urban environments more. A lot of Alaskan cities face just like any other American cities poor urbanism. But that's a different subject.
I wouldn't even consider NYC to be overcrowded
That's pretty cool, then you can still see the potential growth, some would say even a town of over pop 25k is too much. 😂
@@milliedragon4418 Americans build dysfunctional cities. You guys manage to build 25k pop cities with horrendous traffic, ugly as fuck road and urbanism, no main streets nearly no public services, roads and water infrastructure taking 90% of your taxes, than wonder why you live in a hellscape, and it feels like even if you pay taxes, it goes nowhere.
NYC or Tokyo is still like 1% of the extreme density found in areas of India and China
@@YandereDevSings and 0.1 % of the crowding in cities of Philippines and Indonesia .
As a long time Alaska resident…this video is SO FALSE
Excuse... please, I just want to ask One thing... As a tourist... Is it right, I can't get from Juneau to other places , thus only by plane?
Good video...7:08 that company's name is pronounced Con-no-co, not Co-cone-no.
Alaska and Overcrowded. Two words I thought I’d never hear in a sentence 😂
Oslo and Stockholm are dense transit oriented cities. Anchorage can be too.
My brother owned a house construction company and his experience in attempting to make affordable houses was hell on earth. Between regulations, crews, and codes he found it nearly impossible to balance it (though admittedly he isn't a finance guy.) When prices jumped extreme a couple years back he found it even more difficult adapt and went bankrupt. There is more to building affordable homes than "construction companies following trends." A lot more.
The problem with affordable housing is that the problem isn't (just) the housing. You can't make affordable housing for people who can't afford anything. The biggest problem, for housing but also almost every other blight on our people, is nobody has money. That's 95% of it.
Real wage values have been steadily decreasing by inflation, and the true worth of what most people are getting paid is shifting into poverty levels. There will never be affordable housing as long as the average person is not at least doubling their earnings every decade, because that's the rate the value of housing increases.
@ I agree the wealth is to concentrated. Never mind the currency we use. The wealth itself is centralized making everything much more costly. Raw land in Wyoming is expensive. Even Kansas!
The issue is that it lacks multistory homes and Appartment buildings.
The issue is like in many places within remote areas like in popular Rocky Mountain retreats that they lack simple cheap and affordable housing.
1 bed one bath or 2 bed one bath units or evem Studios.
Apartments would be both more affordable and significantly more efficient to heat and cool AND would moderate urban/suburban sprawl from encroaching on wild spaces (which the state) relies on economically). But unfortunately luxury McMansions is all anyone wants to build.
I think you are missing a key side of the solution, which is by growing the construction labor market. More consistent workforce is a cornerstone for any economic development especially the real estate market
Dear Alaskans, your state looks so pretty and like you have a lot of nature. I live in Florida and love nature, but also love city amenities so I’ve thought of anchorage in the past. But, do y’all know any Florida people who have survived the winters there? I’ve never seen snow, so I don’t know if I’d survive LOL
Around half of the people I've met in Alaska are from somewhere else. As long as you dress for it, it's fine.
@@wallcouldtalk that makes sense. I guess the positive unlike here, is you can always add more layers. You can only take so many off before you are arrested around here 😂
Hey bro I'm from Anchorage and I lived in cocoa Beach Florida for a few years I loved it there . Being from Alaska it was very hot for me especially summer. Winter was nice. I got into surfing there I'm a lifelong skateboarder so just kinda made sense. Anyways I got acclimated and used to Florida and you can do the same here. Anchorage is about 400,000 metro area with eagle river, girdwood, and the valley pretty much being suburbs. You will get acclimated here. It's a dry cold and heat here so not very humid like Florida so much more tolerable. We are on a golf stream as well as on the Pacific Ocean and surrounded by mountains so it's actually not near as cold as you think. Think of maybe Minnesota or Chicago or New York in comparison honestly. Roughly 6 months of winter 6 months of no snow. Summer is May through August September and. October are kind of fall. It snows late October every year sometimes early November. Anchorage is a very beautiful city lots of. Outdoor stuff it's a good. International food scene and the job industry here is very good lots of high paying jobs with a low unemployment rate. Visit sometime. Maybe come in summer first. Florida was a good change for me. Maybe Alaska would be a good change for you. It's good to try the exact opposite sometimes. 😊
I always enjoy your videos. ❤
Thank you so much!
I mean, if a place is developed the “american way” with little research done for feasability, it does make sense. A consideration in mind could be researching more what can be done to improve the infrastructure in so many aspects that specify for arctic regions, in the scope of developing for the people, not the cars/transport
Never expected to see this title
How did you make a video where you repeat the same thing in different words for 9 mins?
Think the real estate decide to do things like the diamond inflation strategy?
Alaskan here, i will say that we prefer to drive newcomers out so other Alaskans can get a house. We also dont like it when yall go balistic over patch of river shore because “ i saw a 5 inch trout” BOY THATS TINY AF A SMALL TROUT IS A 9incher
Such a good video!
Edmonton is bigger than Anchorage... Canada is still in North America.
He said "most northern". Besides, Canada is insignificant here.
@@hawkingdawking4572 Much as my country may be nothing, he's still factually incorrect.
@@IHaveTheSchwartz
Anchorage is more northern in latitude than Edmonton.
@@IHaveTheSchwartzhe said its the most northern populous city in North America. He didn’t say its more northern and more populous than Edmonton, he just said of all the cities which can be considered populous (ie prob above 100,000 if I had to guess), Anchorage is the most northern one. He is not factually incorrect, you just fail to comprehend what he said.
@@tescomealdeals4613 Then it's not THE most. It's 'one of'...
Anchorage is one of the least dense cities in the us, it's not a space problem it's a political and economic problem
first minor solution: rent being locked to a set price that actually allows people to afford the apartments, the fact that our society is so hyper focused on ever increasing profits, and not, well human lives is stupid
The advent and proliferation of using affordable single family homes as short-term rentals is a scourge for locals the world over whether you live in Anchorage, Fairbanks, Florida, Portugal, or Palma de Mallorca. …and the additional upward pressure that corporate landlords investing institutional money put on rents and new purchases sight unseen doesn’t help either.
As a former Alaskan myself, it was nice to see various parts of the state but I couldn’t help but chuckle as this Outside narrator mispronounced various names - CoconoPhillips (really, now that’s just careless). Go ‘nooks!
I moved out of Fairbanks 2 years ago. The borough council arbitrarily decided everyone's homes were now worth twice as much. Couldn't afford the taxes on a house that expensive. So we finally left after 23 years there. Also, have you ever tried to use a roundabout that's covered in ice?
"have you ever tried to use a roundabout that's covered in ice" hahahaha YES
In Alaska, just like everywhere else in the U.S., the only long term fix to the housing crisis is zoning reform.
Anchorage is not overcrowded just not made to have as many people as it has
Under resources?
If the feds stopped controlling Alaska's housing market and just let them be free to innovate, it wouldn't be an issue.
I think it depends on the context. Alaska is far from overcrowded geographically, but infrastructure wise? Totally.
There are two videos on my time line, one titled "Why Alaska is overcrowded" and the other "why no one lives in Alaska" 🤔🤔🤔🤔
This problem is everywhere in the US. only high value housing being built. because politician keep trying to raise property value. Henry George's single tax would help with the issue. also with relaxing zoning laws. I Think small archology like building would be good especially with the winter cold. but politicians would lose funding and votes if they devalued people housing investments.
This is the dumbest thing I've ever seen. I've lived in Alaska my entire life, the closest city/town to mine (im considering anything that has more than 5 roads a "city") is 350 miles away. And there is NOT a housing crisis, at least not in Fairbanks (where I live), and I have never heard of that being an issue anywhere else in the state. This is laughable. Where do you do your research? DO YOU do research??
Also if youre going to do a video on Alaska, at least pronounce Wasilla and Sitka correctly, I mean cmon.
Born and raised in Anchorage, all I can say is, we had the worst liberal politicians you’ve ever seen, from the sierra club to special interest in the oil companies that’s what screwed everything up here
*Surburban sprawl wastes America's best space*
Anchorage perhaps is overcrowded, but that most definitely does not apply to Alaska as a whole. What a crappy, deceptive, click-baity, title line.
Wrong St. Petersburg lol it’s a small town, no castles. I worked in a cannery there.
Lack of housing is because nobody wants to invest, because there's not enough people to warrant investment...
Just ban second houses and corporate owner housing
You had me until you pronounced wasilla and sitka
Yep.
Lol yeah..
Wait they have a canes? Aight we can go to Alaska now.
😂
cool
Let’s see people are basically living on a coastal shelf when they live in in Anchorage
Fairbanks is in a fertile valley. That is a growing season. That’s like two months.
There is that much Habitable space
So many cases, you have very limited space, long supply chains, and climate conditions
Over 300,000 people a large city and the large city in Alaska is about right
I think Fairbanks says maybe 40,000 people
I read people in Alaska, hunt and forge for food as a way of supplement either grocery bills
Waseeella and Seetka 😂.
اريد ترجمه رجاءا
Use a UA-cam transcription website, and then a translation website or application
Overcrowded? LMAO
Content and overall direction good, but receives only a D+ due too clearly mispronouncing and misrepresenting almost all basic local information. Keep trying to improve.
Hey I live there
*MORE PEOPLE NEED TO MOVE TO ALASKA THERE IS SO MUCH LAND AND HOUSING THERE OMG, CANNOT WAIT UNTIL MIGRANTS GET TO GO THERE FOR FREE!*
Migrants won’t move there, nothing to steal without getting shot and no jobs that fit them.
How is Alaska overcrowded?! Largest state in the union
It has very little housing
@@SomethingDifferentFilms That has nothing to do with overcrowding. This is a bad idea for a video, or at the very least a misleading title.
make more homes
Too many people moving to Alaska.
Under supplying housing isn’t the same as overcrowding. Terrible video title.
61.3% of that land is owned by the federal government. Maybe they should relinquish some of their claims so the people of Alaska can actually build towns
This is probably the most educated comment in this entire comment section. This right here.
And most of that is empty useless frozen wilderness, there's plenty of land in anchorge, just no one wants to build anything.
1/5 names pronounced correctly. Terrible. Would not recommend as creditable!
🇺🇸
No it's not.
You don't even know how to pronounce Wasilla. How am I supposed to consider you an expert on Alaska?
its full of ticks lol
Wrong
What? Lived here in the wilderness my whole life and never encountered a tick.
Sounds like an absolute failure of Capitalism not Gov't!
The primary reason new housing doesn't get built in Anchorage is because of government restrictions making it unprofitable to do so.
Govt is always the problem
😂 sounds like you don’t understand, capitalism means free markets. We have no free market when it comes to housing,
This has got to be one of the most ridiculous titles of any video.
You did watch the video right?
Lying in title is wrong
Alaska belongs to Russia 😅😅
...but was sold to the US in 1867. So it belongs to the US now
Russia has no realistic or real claim on Alaska anymore lol
It was sold to the US, so it doesn't belong to Russia anymore.
No it doesn't, it was sold to the U.S.
Bot
Alaska has no statewide income or sales tax, so it depends where exactly, but the average state and local taxes combined is 1.76%.
The cost of living is expensive upon first glance, but there are other factors of living there that are cheaper that can even it out.
My research on this is still ongoing, but it seems where groceries are more expensive, you also aren't having as much of your money taken through taxes.
Alaska and NJ are similar. It's just one feigns lower prices because people don't connect they're also being taxed hard.