Old Economy Dying, New Too Hot
"Living in a remote mountain valley, about 90 minutes from Colorado Springs, our economy is booming. New housing construction is booked out through late 2021. Available houses are getting offers above asking prices and selling in as little as 6 days. And this is in a place with only two paved roads – the rest are dirt; only dial-up DSL internet; no traffic lights; no hospital; a tiny pharmacy that opened two weeks ago; and where jobs and homes are simply unavailable for the working classes. The economy here is booming. But only because people are abandoning the cities as fast as they can move."