by Peter Parker
There is no question that our Eagle County’s Economic engine is now firmly in the hands of Vail – at least for the short-term. Construction (except for re-models) is at a virtual stand still this summer – compared to years past.
The Cordillera Real Estate sales train derailed by lawsuits – virtually stopped dead in its tracks.
Down Valley – Eagle/Gypsum – continues to absorb the brunt of the County’s home foreclosure rate. County Property values continue to drop (thankfully at a slower rate) due to the fact our County continues to experience a net job loss.
Your County Commissioners endless addiction to spending millions more of your tax money on their so-called “open space” purchases along with their fascination with new (less restrictive) regulations for “medical marijuana stores” – stores, the ECT will remind you are still illegal under Federal Drug Law (Click Here) – proves nothing will improve economically in Eagle County – due to our Commissioners catatonic awareness and chronic inaction.
The Bright Economic Spot? Vail. Summer Activity is up, in part due to recently improved weather. Folks need a break from all this imperfect news and are happy to share a nice day – or Vail’s Hot Summer Nite Concert (photo) – with friends centered on free/public activities in Vail.
Keep up the good work Vail – whether folks realized it or not – the rest of us are counting on your locomotive engine to help pull us out of our economic doldrums. All Aboard!