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Reply to "What's the deal with Jackson Hole WY?"
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[quote=Anonymous][i]Nevermind O.O [/i] The climb in real estate prices that usually follows such developments was more precipitous in Jackson than in other parts of the so-called New West, [b]because only 3% of its land base is in private hands.[/b] During the 1990s, the average price of a single-family home tripled, reaching a whopping $1.25 million in 2000. At the end of 2000, a 138-acre ranch sold for $40 million, setting a state record. [/quote]
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