Where Will You Go To Ride Out Economic Collapse? North Idaho For Northwesterners? Appalachians For Southeasterners?

[sobo]

As much as I would like to try to move to North Idaho and live in Coeur d'Alene, Sandpoint, even Post Falls

Best to take CdA and Sandpoint off your list. They are infested with Leftists and 2A antis already. The city councils of both are purple already and moving to solid blue.
For northern Idaho, shift your sights to (Bonner County) Priest River, Laclede, Hope/East Hope, Clark Fork, anywhere AWAY from Sandpoint.
For Boundary County, see Bonners Ferry and Naples.
In addition to those two counties, I am considering either Clearwater or Idaho Counties cuz I spend a ton of time up in those woods and rivers for recreating...
Clearwater Co.: Orofino, Ahsahka, Elk River
Idaho Co.: Grangeville, Golden, Elk City, Red River Hot Springs area.
NOTHING south of White Bird, with the possible exception of Orogrande (since it's waaaaay off US 95)...

 

[Medic!]

Follow up to my earlier post (was on a coffee break).

Now and moving forwards amidst a depression isn't a great idea to up and relocate UNLESS one has had plans on doing such for a while anyways. Scoped out areas, housing markets, jobs & such already. IMO.

If you're thinking on relocating, IMO do so pretty gosh darned soon. Or "plan" on making the best of it wherever you are & "plan" on doing so for the long haul.

Not so fast.
Here is why you may want to wait a bit. But still buy.

If we face a depression/ recession and house values drop by half [or more].? And you have $100k-$200k saved up?
It would be a great time to sell your house and buy up.


Lets say your house is worth $400k
And you are thinking about buying a nice country place for $600k ''today''.

The difference is $200k.

But if house prices drop by 50% and your place is now worth only $200k.
Who cares about that loss? That would mean the place you wanted would be worth $300k

Only $100k difference.

So a great time to buy up!
You just need to get ready for some deals. And stock pile all the cash you can.


Hey. It's Warren Buffet's plan. And he's sitting on something like $130 Billion. Just waiting.

 

[The Heretic]

The problem is if you owe $250K on your $400K house now, if the value drops by 50% then you still owe $250K but now you are upside down with the value being $200K and you lose any equity you had before - you would be lucky to walk away from it only owing $50K.

Thing is, real estate is mostly about location. If you are able to live somewhere that there are few jobs (say you are retired like me), then selling a property in within commuting distance of say, Portland, you can sell high, then find property outside that convenient commuting distance for less.

I have 20 acres, half of logged, with a gully and most of the property can't be farmed. But it is just on the edge of commuting distance - about an 45-60 minutes into downtown PDX, 20-30 min into Hillsboro/Beaverton, and it is a nice property for people who want just enough quietude and some trees/etc.

I have seen 50+ acres another 30 miles out towards the coast, for $300-350K with a gentle south facing slope, mostly cleared (farmed for grain) with 5-10 acres of trees. I could lease the cleared land, have several acres in a garden and orchard and animals. The only problem is it has no house so I would need a mortgage and I don't have a job.

 

[Medic!]

Ya. You got to own your place.
That's true.

 

[The Heretic]

Ya. You got to own your place.
That's true.

WA county says value is $430K
Zillow says $480K
Redfin says $580K
Mortgage lender has a bot that says $590K (shot up from $440K a couple of months ago)

I don't have a lot of confidence in those numbers - they vary a lot between each other, and some of them vary a lot month to month.

Because I am selling an acre+ to my neighbor, I have to get an appraisal sometime this year (mortgage lender rules), so I will get a better idea of the value then, but I think it is maybe around $500K, so I might have about $300K equity after I sell the acre. I could raise about $100K cash to build a shop with living quarters, err, uhhh an "office" with a bathroom (zoning rules only allow one house per lot on farm acreage, but you have an office in a shop), then my kids could sell their house and build a house on the property. They can keep an eye on the property while I travel during the winter.

 

[American123]

Hide out? Heck, I'll become the "warlord" of Seattle lol

 

[4Freedom]

A) As others have said, it feela like this are accelerating too fast to move now, unless you are in a really bad spot.

B) creating your own "micro ecosystem" with friends, family and good neighbors all on the same page is more important that the macro area you are in (IMO).

As far as me Taco.. I might be royally screwed. Already, considering just living in my car and saving whatever cash I can get and use it for necessities. Maybe, even rent some land where I can grow food.. There is plenty of that here in the Southeast.

I wish I didn't have to move, but I lost my business of 15+ years due to Covid which was already struggling , now I will be living on minimal income, my landlords are raising my rent and I cannot afford to live in Nashville even if I wanted to. And, I don't want to. Today , we just got the news they are going to be closing all the bars and very likely will be closing down all restaurants and stores even as the entire city's economy is collapsing and crime is skyrocketing. Oh yeah, of course significant cuts in policing, but they will be increasing the budget for social welfare of oppressed classes , as if all Americans are not going to suffer now .

Yeah, I really miss the Northwest and I felt Northern Idaho would be a good place to go.. But, many people here have made good points about the long winters , short growing season and the fact it is pretty close to some sketchy places like Spokane. Although, I don't know how much Spokane's influence will affect Coeur d'Alene. I

After I got the news about Nashville closing and how it looks like we are giong to be going into a full shutdown, but this time with people who won't be able to pay their bills, feed their families and with a massive unemployment rate. It's ludicrous and I know we would be better off with overloaded hospitals than an economic system that collapses and will end up bankrupting our hospitals all the same. I do also see martial law being imposed if Biden comes into power. To me, it's inevitable and we will be living under strict rules and crime and hunger will be rampant.

I am thinking that I probably will stay in the Southeast. I;m not sure if I will have enough time to land a software job and my skillsets are a bit dated. Trying to get into web development, but who knows what the job market will be like in 6 months. At this point< I am open to doing Uber, working in a factory or doing any damn work that can get me some money , so I can pay rent and stockpile food. The Tri-Cities of Tennessee (not Washington) are in a very good area , with a longer growing season and lots farms around. The Appalachian people there are true survivors and have whether some of the worst times in our country. Of course, being an outsider sucks. Seeing how everyone is so isolated I don't know if I will have time to get to know people and be part of community. Wish I would have not made such bad decisions. I am pretty much all on my own, no family nearby (my parents just stick to themselves) , brothers do their own thing and I feel if SHTF everyone of us would just take care of ourselves. Unfortunate, but that's how it is. DOn't have any friends anymore as all friends i Had moved to other places. I have been a vagabond the last few years.

@sobo That's sad to hear how liberal the area has gotten ,but I usually just go by the county, not the city, itself. Although, I guess in North Idaho, the county's don't have the population like you hvae in the Southeast, where there is a very large rural population. Yeah, I want to avoid any place that goes blue. It's too bad to hear Coeur d'Alene went liberal. Wouldn't haven known in it looking at how civil the protests were and how armed people could patrol their town without all the liberals or even some of the feeble minded conservatives freaking out over it. Somehow , I feel as long as Idaho stays conservative, the local politics in these purplish cities won't be too overwhelming. I wish I had the resources to live out in rural North Idaho, but I probably would need to be in or near a town of some sort with a bit more population. I wish I was self-sufficient.

 

[Medic!]

Never seen a more important time to be debt free if possible.

I would consolidate and pay off all debt.
What you're left with is what you will be more likely to hold on to.

But to each their own. We all have our grand schemes.
The problem is many will not read the tea leaves right.

Myself included! But I will always come down on the side of caution.
I may not gain. But I won't loose.

 

[CountryGent]

1. Short term, right here. We're debt free, setup and ready.
2. Longer term (next year or so), rural Arizona in the general vicinity of Tucson. (Tired of the rain and endless governmental BS in this state. Really wanted to make Nevada our new home, but they're beginning to turn too.)

 

[4Freedom]

The problem is if you owe $250K on your $400K house now, if the value drops by 50% then you still owe $250K but now you are upside down with the value being $200K and you lose any equity you had before - you would be lucky to walk away from it only owing $50K.

Thing is, real estate is mostly about location. If you are able to live somewhere that there are few jobs (say you are retired like me), then selling a property in within commuting distance of say, Portland, you can sell high, then find property outside that convenient commuting distance for less.

I have 20 acres, half of logged, with a gully and most of the property can't be farmed. But it is just on the edge of commuting distance - about an 45-60 minutes into downtown PDX, 20-30 min into Hillsboro/Beaverton, and it is a nice property for people who want just enough quietude and some trees/etc.

I have seen 50+ acres another 30 miles out towards the coast, for $300-350K with a gentle south facing slope, mostly cleared (farmed for grain) with 5-10 acres of trees. I could lease the cleared land, have several acres in a garden and orchard and animals. The only problem is it has no house so I would need a mortgage and I don't have a job.

Only concern you will have Heretic is being in the People's Republic of Oregon.. If the armies of Antifa/BLM suddenly decide that your farm now belongs to the PEOPLE and set up an autonomous zone.. This is why I haven't returned to Oregon, in addition to many other things. I just don't feel the government can be trusted to not only protect our rights, but actually may work against us in prosecuting us for defending them. The Oregon Coast would be a perfect place if we didn't have the screwy governments in the Left Coast that seem to favor criminals , thugs, homeless people, junkies over law-abiding and respectable citizens. Of course, if we have a gun consfiscation Executive Order by the likes of Joe Biden , which could be very possible, esp if he uses Coronavirus as justification, I cannot see the state of Oregon or Washington defending its citizens from rogue federal agents who partake in this unconstitutional action. In fact, I worry a place like Oregon the government would only be to happy to assist the feds with gun confiscation. And, as we see, don't put your faith in the courts or Due Process with respect to 2nd Amendment.

 

[4Freedom]

Never seen a more important time to be debt free if possible.

I would consolidate and pay off all debt.
What you're left with is what you will be more likely to hold on to.

But to each their own. We all have our grand schemes.
The problem is many will not read the tea leaves right.

Myself included! But I will always come down on the side of caution.
I may not gain. But I won't loose.

Medic, I may have to take out a $15,000 loan to just survive.. But, that will be my debt.. Wish I had other option and hope if I can find some decent work I can get rid of that loan ASAP. Right now interest rates are super low, so if you really need a loan get one now while you can.. I predict interest rates will soon skyrocket as the financial markets get strained and economy deteriorates.

Not going to be buying any house right now with the inflated housing market.. That is playing Russian roulette with a half filled chamber in my opinion. Yeah , if you got lots of money sitting around it's one thing or want to sell and buy another quickly. However, I have heard we have a freeze on the housing market and many houses are just not selling. It's not a good time to sell , because nobody is buying and if you buy there is a good chance with the commercial real estate freeze and with the fact 30% of Americans cannot make their housing payments your housing prices will collapse. In fact, I heard the San Francisco housing market is already crashing.. Rents are plummeting. It was the first place I Could expect such a thing seeing how overvalued their market is, but I think it will hit other areas little by little.

 

[4Freedom]

Hide out? Heck, I'll become the "warlord" of Seattle lol

Kshama Sawant I hear is taking applications right now for warlord. She beat the rap with Durkan as the Council says they love her and will not remove her from the council for leading people to her house and vandalizing it.. Certainly , Warlording may be a good profession if you have the capabilities.. Raz Simone seem to have chickened out and is back in his multi-million dollar mansion.

 

[Medic!]

Only concern you will have Heretic is being in the People's Republic of Oregon.. If the armies of Antifa/BLM suddenly decide that your farm now belongs to the PEOPLE and set up an autonomous zone.. This is why I haven't returned to Oregon, in addition to many other things. I just don't feel the government can be trusted to not only protect our rights, but actually may work against us in prosecuting us for defending them. The Oregon Coast would be a perfect place if we didn't have the screwy governments in the Left Coast that seem to favor criminals , thugs, homeless people, junkies over law-abiding and respectable citizens. Of course, if we have a gun consfiscation Executive Order by the likes of Joe Biden , which could be very possible, esp if he uses Coronavirus as justification, I cannot see the state of Oregon or Washington defending its citizens from rogue federal agents who partake in this unconstitutional action. In fact, I worry a place like Oregon the government would only be to happy to assist the feds with gun confiscation. And, as we see, don't put your faith in the courts or Due Process with respect to 2nd Amendment.

I here you.
But its no better to our north or south. Even to our east, they are at a tipping point and won't last 10 years?

At least we have a growing season and water in Oregon.

 

[Tony617]

My plan is a simple three step process.


1.Neutralize all threats and opposition.

2. Become a "tough but fair" warlord.

3. Drink the tears of my enemies.

 

[Joe13]

I plan to become the King of the Suburbs

 

[CountryGent]

Even to our east, they are at a tipping point and won't last 10 years?

Is Idaho really to that point? (It has been a while since I had any reason to be over there. And even then it wasn't in Boise.)

 

[Idaho44]

North Idaho today is not the North Idaho pre-Covid 19. Outsiders are NOT welcomed once your money is gone. It has been co-opted by those from the major metro areas under the delusion that some how they are 'bugging out' to a sanctuary! If you are reading about a place to go, somebody's version of a 'top ten', remember it takes time to get to print and by the time it is printed, things have changed. Local knowledge is valuable.

 

[The Heretic]

I here you.
But its no better to our north or south. Even to our east, they are at a tipping point and won't last 10 years?

At least we have a growing season and water in Oregon.

This.

I agree that I don't think there is any escaping of politics when it comes to a socialist takeover - such a thing, if supported by the government, would go to the SCOTUS, and if it passes muster there, then no place is safe. Indeed, the bigger the producer, the bigger the target. A small farm barely producing enough to feed its occupants would not be a juicy target - probably.

 

[cigars]

We drove through Idaho last year.
I wanted to show my wife the state I lived in as a young man.

It was packed with people!
And even though the places were familiar? Their former glory was completely diminished.


So I learned a simple truth.

You can return your body to the place that you came from.
But you can never go home again.

That would take a time machine.

That's quite true, "you can never go home". That hit me years ago when I would visit family back east. All I could think was, wow this place isn't as I remembered it growing up. Thus I really haven't returned.
Regarding places being "full", well yeah we now live in a country with a third of a billion people in it. While it's nice to cling to Mayberry, the reality is that we have to live with people that are now seeking out every previously unknown corner of this great land. Hopefully they come to our parts and support the ideals we hold. As long as we continue to bring the rest of the worlds population here (for whatever reason that is), this is going to be the new norm. No place is exclusive to anyone anymore. We just have to figure out how to mitigate that blue virus.

 

[The Heretic]

The big reason I am staying local is because this is where my daughter is, and I don't think she would leave this general area, although she has expressed the desire to get out of the suburbs into the rural hinterlands. So that is good. I am not going anywhere (at least not permanently) that I can't be there to support my daughter - it was bad enough when I was living near Seattle. Now that I am back "home" this is where I will be.