We returned to Telluride, Colorado in May after a 12 year hiatus.
In many ways it’s the same town I lived in for 13 years before we moved, just more expensive.
Many of the houses are beautifully renovated. They’re so nicely renovated that the renovations could only be afforded to be done by wealthy folks. They’re second homeowners in Telluride because they need to live somewhere else most of the time so they can make enough dough to afford to have a house here.
The result is that some of the neighborhoods are very quiet. You can see lots of stars at night when you walk around because there aren’t many lights on.
There’s always a lead/lag going on with housing and the people interested in living in a beautiful spot. So we’ll have to see how long this predicament goes on. Maybe billionaires will chase out the millionaires. One thing making Telluride so appealing is it’s small size, but the inability to grow also drives up the real estate market.
Telluride is still a great place to live, and we’ll be back next summer.