Wealth concentrates in upper classes

VAIL – Real estate construction for vacation and retirement homes has been the big story for 10 to 20 years in Aspen, Vail and Jackson Hole, and it continues to get even bigger. In an extended series on this phenomenon, theVail Daily notes the increasing concentration of wealth.

Peter Francese, a demographic trends analyst for Ogilvy Mather, explains it this way: “The top 20 percent of income households take home 50 percent of all the money earned in this country.”

Mick Ireland, a Pitkin County commissioner, further explains that the bottom 60 to 80 percent of the population has seen little or no growth in income, while the top wage-earners have 20 times more wealth than they had 20 years ago.

One problem with this new real-estate based economy is that it has elevated real estate prices but not necessarily wages to correspond. Thus, affordable housing has become a pressing, even desperate need. But Ireland warns that, at least in Colorado, the answer cannot be found by importing workers on a daily basis. The state highway treasury is nearly empty.

But a more far-reaching problem is being talked about by various individuals: when this new boom ends. “In 10 or 15 years, there will come a time when the boomers are going to say it’s time to cash in and retire,” said Francese. “I’d hate to be the last guy to have bought a million-dollar condo in Vail, because when they move on, they do so with a vengeance.”

Water grabs threaten Gunnison Basin

CRESTED BUTTE – Water continues to be in the news in the Gunnison Valley, where Crested Butte is located. As they have now for decades, the locals continue to worry about interlopers from both the east and the west.

To the east is Colorado’s Front Range urban corridor, where both farms and cities began outstripping the native water supplies 125 years ago. Whether any water in the Gunnison Valley is legally available to feed the large and growing population of the Front Range remains disputed. Just the same, locals are wary of penetration by those who may be less than resolute in their opposition.

That became apparent when the top candidate for a job as manager of a local water district was the director for a Front Range district that depends upon transmountain diversions. The candidate apparently didn’t share the resident “not one drop” belief, although board members for the Upper Gunnison River Water Conservancy District told theCrested Butte News they are confident that the manager, if hired, will learn to espouse that philosophy.

Meanwhile, to the west, the locals see threats from the down-valley states, particularly Arizona. Scott Balcomb, who represents Colorado in inter-state negotiations, recently told a gathering of Western Slope representatives that what happens downstream in Las Vegas, Los Angeles and Phoenix could ultimately affect water supplies in ski and mountain towns in Colorado.

Telluride tries to save mining icon

TELLURIDE – In a sense, the history of mining is all around in Telluride. The magnificent homes and attractive storefronts are a testament to the wondrous mineral wealth that was extracted during the late 19th century.

Still, a visitor to Telluride could be excused for not understanding the source of this Victorian architecture. The icons of the industrial activity are all outside of the town and even so steadily disappearing. To that end, Telluride and San Miguel County are debating about what can be saved of the old Pandora Mill that remains at the end of the box-end canyon.

A permit was issued in 2003 for demolition of the old mill, which is a “very dangerous” place, in the words of a county commissioner, Art Goodtimes. It is home to some asbestos and showing the strains of eight decades of heavy snows.

But Johnnie Stevens, who grew up in a house next to the mill (his father was superintendent) before he eventually headed ski area operations, is among those calling for its preservation. Just how it can be preserved, and more importantly, on whose dime, have yet to be worked out, reportsThe Telluride Watch. However, the Idarado Mining Co. remains agreeable to at least studying the options.

Cops idle in Utah’s Summit County

PARK CITY, Utah – It’s a no-no in Park City for police officers to leave their cars idling while taking breaks. Not so in unincorporated Summit County, even if gas is more than $3 per gallon.

“When your husband’s kicking the crap out of you, and you’re dialing 911 while he’s ripping the phone out of the wall, which happens pretty much on a weekly basis in Summit County … those are the people that don’t care that our vehicles idle,” explained Dave Booth, the chief sheriff’s deputy.

“People want cops there now, they want them there three minutes ago,” he went on to tellThe Park Record.

High-tech gear further explains the policy. Police use lap-top computers to provide directions in the fast-growing valley. Leaving the computers on while shutting down the motor draws down car batteries. Booting up the computers takes five to 10 minutes.

Telluride man perishes on Salmon River

TELLURIDE – In mid-May, Jim Stewart was rafting a tributary of Idaho’s Salmon River when his boat capsized and he was killed by blunt trauma, from either a rock or the boat’s rowing frame.

A native of Nebraska, Stewart had had a broad and diverse background: education in music (specializing on the trombone) in Iowa, graduate studies at the Wharton School of Business, and then two decades in international investment banking before he moved to Telluride full time in 2000. While in Telluride, he was involved in many and varied pursuits, among them historic and architectural preservation.

One of his fellow board members, Chance Leoff, toldThe Telluride Watch that he finds it distasteful to exaggerate a person’s virtues after his or her death. “That won’t be necessary in his case,” he said. “He really was an honorable, terrific guy. No one’s going to have to lie about him. It’s a big loss, it really is.”

‘Chinatown’ resonates in Fraser Valley

FRASER – The 1974 film “Chinatown” resonates broadly in the West, but perhaps no place so urgently as Colorado’s Fraser Valley, where Winter Park is located. That film examines the machinations behind development of Los Angeles in the 1930s and that city’s reach into the distant Owens Valley, on the far side of the Sierra Nevada, to get the necessary water.

The Fraser Valley has had a similar relationship with Denver that dates to the late 1920s. Located at the very headwaters of the Colorado River, the valley exports 60 percent of its water to Denver and its suburbs. But Denver still retains rights for substantially more water and wants to exercise those property rights. The effect would be to take up to 80 percent of the valley’s water.

With these parallels in mind, a group called Friends of the Fraser River recently showed “Chinatown” at a local library followed by a discussion among 40 people. While the film ends in murder, the local activists are confident of a more peaceful resolution of their disagreement with Denver.

Resort counties lead in contributions

JACKSON HOLE, Wyo. – The election campaign season is well under way. Not quite half of all political campaign contributions for the November elections have already been made. And again, as in the past, Wyoming’s Teton County (i.e. Jackson Hole) heads the pack – not only among resort counties in the West, but the entire nation.

Jonathan Schecther, who crunches numbers for theJackson Hole News & Guide, reports that Teton County residents have given $39.40 per capita. No. 2 in the nation is Colorado’s Pitkin County, where Aspen/Snowmass residents have given an average per capita of $29.01.

Far behind is Colorado’s Eagle County (Vail and Beaver Creek), followed by the usual suspects: Massachusset’s Nantucket, Utah’s Summit County (Park City), Idaho’s Blaine County (Sun Valley/Ketchum), Colorado’ San Miguel County (Telluride), Colorado’s Routt County (Steamboat), and then Colorado’s Summit County (Breckenridge, etc.)

Officers infiltrate Jackson Hole kegger

JACKSON HOLE, Wyo. – On the eve of senior skip day, some 76 people gathered in a canyon in Jackson Hole for a kegger. Based on a tip from a parent, so did night-vision-goggled officers from the Jackson Police Department and the Wyoming Highway Patrol.

TheJackson Hole News & Guide reports that the cops administered Breathalyzer tests to the students, and some 51 minors tested positive. A number of them – those under 18 or who had readings of .08 or greater – were taken to jail.

Fried marmot disrupts Steamboat life

STEAMBOAT SPRINGS – A marmot made the ultimate sacrifice recently in Steamboat Springs. The critter got past a chain-link fence and a second barrier before climbing a transformer. There, it caused a high-voltage fuse to blow, causing a loss of power for several hours in portions of Steamboat. The community seems to have survived the interruption without major consequence, reportsThe Steamboat Pilot. As for the marmot’s life-transforming attraction to electricity, no theory was offered.

–compiled by Allen Best

In this week's issue...

January 25, 2024
Bagging it

State plastic bag ban is in full effect, but enforcement varies

January 26, 2024
Paper chase

The Sneer is back – and no we’re not talking about Billy Idol’s comeback tour.

January 11, 2024
High and dry

New state climate report projects continued warming, declining streamflows