Why We Should Never Close The Door Behind Us. 

A resort community’s permanent  population is generally a mix of working people and those who are retired. The working population always wants more economic activity as it is their only way of making a living and on the other hand, retirees many times want less economic activity and less tourists as increased tourism ads to the congestion and sometimes unwanted side effects. 

For the most part, all of the infrastructure we have in both Red River and Angel Fire was funded by tourism based economic activity. All of the current infrastructure and businesses you see were funded almost 100 percent from tourism dollars. Without the dollars the tourism industry provides, both of these communities would have very little to offer. Red River has been building for over 100 years and Angel Fire for over 50 years, so everything you see and enjoy in these communities took a long time and a lot of money to come to fruition. 

With that said, unfettered tourism for the sake of generating income should never be the goal. The goal should always be to use economic activity to improve the lives and well being of the community members to include both the working population and retirees. Achieving this balance can take patience and a willingness to compromise on both sides. 

All of this matters to real estate due to the fact that without our thriving towns the real estate values would be considerably less. For example, a home in the forest outside of a thriving resort community generally has about half the value of those within proximity of a resort destination, so it’s not a little difference, it is a major difference. 

Everyone does not directly benefit from everything, but everyone does benefit indirectly as all of this economic activity continues to build additional infrastructure boosting property values, keeping our businesses open, maintaining our water, sewer and parks and subsequently improving the quality of all of our lives. 

 

Real Estate questions or concerns? 

Rob Swan, Qualifying Broker, Swan Realty

rob@swanrealtyinc.com

575-613-4243