Ski Magazine 2017-18 Eastern Resort Rankings - Page 4

AlpineZone

Page 4 of 9 FirstFirst ... 23456 ... LastLast
Results 31 to 40 of 84
  1. #31
    Smellytele's Avatar
    Join Date
    Jan 2006
    Location
    Right where I want to be
    Posts
    5,632
    Quote Originally Posted by benski View Post
    Your obsessed with this Vermont tax thing. This has nothing to do with Vermont taxes.
    I agree because it is claimed they are just moving down the road to Sugarbush.

    2010/11 - 30days 2011/12 - 29days 2012/13 - 40 days 2013/14 - 39 days 2014/15 - 42 days
    2015/2016 -27 days 2016/17 - 51 days

  2. #32
    Quote Originally Posted by benski View Post
    Your obsessed with this Vermont tax thing. This has nothing to do with Vermont taxes.
    Well, I'm certainly not "obsessed" with taxation in Vermont, but economics is one of my favorite things, and taxation plays a huge part in economics. That said, if you really don't think property taxes in Vermont are extremely high and have a negative effect on 2nd home purchases, you're just not paying attention.

    New Jersey property taxes are the highest in all of America, but Vermont's have skyrocketed so much in the last 15 years that Vermont's are one of the worst in America now too. When you take things like median income into account, Vermont's probably even worse than its' ranking suggests. Just eyeballing figures, property taxes have gotta' be getting painful on the average Vermonter I would think.

    https://www.attomdata.com/news/heat-...-tax-analysis/

    Quote Originally Posted by Smellytele View Post
    I agree because it is claimed they are just moving down the road to Sugarbush.
    I took it to mean that's where they now ski, but obviously if someone sells a Stowe 2nd home and then immediately buys a Waitsfield 2nd home taxes werent the key driver as they're not saving all that much.
    President - Bicknell's Thrush Extermination Solutions (BTES), LLC



  3. #33
    This survey is all about who pays the most for their ranking. The mountain and terrain didn't change.

    Taxes are brutal in VT. 2nd homeowners are taxed more than full time residents, very frustrating.

  4. #34
    Quote Originally Posted by BenedictGomez View Post
    Well, I'm certainly not "obsessed" with taxation in Vermont, but economics is one of my favorite things, and taxation plays a huge part in economics. That said, if you really don't think property taxes in Vermont are extremely high and have a negative effect on 2nd home purchases, you're just not paying attention.

    New Jersey property taxes are the highest in all of America, but Vermont's have skyrocketed so much in the last 15 years that Vermont's are one of the worst in America now too. When you take things like median income into account, Vermont's probably even worse than its' ranking suggests. Just eyeballing figures, property taxes have gotta' be getting painful on the average Vermonter I would think.

    https://www.attomdata.com/news/heat-...-tax-analysis/
    While the tax rates may be high in Vermont (as is most of the northeast pretty much), real estate values in VT are lower than NJ, so ultimately you're still paying less taxes for a comparable home. Also for someone purchasing a second home, I don't see tax rates playing a big role in the decision. If you decide you want a vacation home in VT, you're not going to look at the rates and say "screw that, Colorado is much lower, I'll buy one there instead". Overall cost is a factor, sure, but most people would sooner look for a slightly less expensive house before they decide to buy a second home in a completely different state just to save on taxes.

  5. #35
    Quote Originally Posted by tumbler View Post
    This survey is all about who pays the most for their ranking. The mountain and terrain didn't change.

    Taxes are brutal in VT. 2nd homeowners are taxed more than full time residents, very frustrating.
    It varies year to year and town to town. In Warren and Waitsfield, the non-resident rate this year is slightly less than the resident rate (and in Warren has been this way for a couple years now if I remember correctly from my tax bill).

  6. #36

    Join Date
    Nov 2016
    Location
    Mad River Valley / MA
    Posts
    168
    Quote Originally Posted by cdskier View Post
    Sugarbush #2? How did they pull that off (don't get me wrong, I love the place as it is my home mountain, just surprised they made it that high).
    I think you have it. They just sampled some of the "Green" mountain product with them. HA

  7. #37
    These ski magazines are no better than reading something you pulled off the rack while unloading your grocery cart.

    Anything mentioning ski areas, resorts is either subsidized or written by 50% cosmopolitans and the other 50% self-professed "ski bums", aka graduates of a self-designed major at Weed University (with a required core of 20 units in gender studies).

    As long as they fail to mention the actual best places to hit on a powder day...

    In reality these are lifestyle magazines and for richfags who hop a plane to see some snow, written by SJWs who lament the influence of capitalism on their sacred mountains.

    Ski Magazine said my ski is a 3.72 and yours is only a 3.43 ... SUCK IT
    Last edited by bdfreetuna; Sep 25, 2017 at 12:47 PM.
    2016/2017: * = powder day
    Berkshire East [January 16, February 10]
    Bolton Valley [January 1, February 5*, February 19]
    Burke [December 17*, January 28*]
    Heavenly [March 5*, March 11]
    Jay Peak [January 29*, April 9]
    Jiminy Peak [November 26]
    Killington [December 4, December 10, April 8*, April 15]
    Kirkwood [March 8]
    Mad River Glen [February 25]
    Magic [February 13*]
    Mt Rose [March 7*]
    Mountain Snow [April 3]
    Northstar [March 10]
    Okemo [November 23]
    Pico [January 7*, February 18, March 19]
    Smuggler’s Notch [January 22]
    Stratton [February 4]
    Stowe [January 21]
    Sugarbush [January 2]
    Telluride [March 27, March 28*]
    Whiteface [February 12]

  8. #38
    Quote Originally Posted by BenedictGomez View Post
    Wow. That's interesting, and not good.

    What about the taxes though, in the last 10 or 15 years Vermont has begun to punish those people like they're human rights abusers. I imagine that's gotta' be hurting the 2nd home purchase market as well.
    The real penalties for second home owners came with Act 60 back in the 90s. While I'm sure it's gotten worse since, that was the big jump. My folks 1350 sqft second home in Ludlow saw it's taxes jump from $2k to $4.5k+ basically overnight when Act 60 went live.

    As for these Stowe folks leaving, the motivation is the increased traffic in town and overall change in feel over the past 15 years. The benefit is they probably can get the same quality property in the MRV for less than half the cost and much lower taxes.

    Sent from my XT1565 using AlpineZone mobile app

  9. #39
    Quote Originally Posted by Hawk View Post
    I think you have it. They just sampled some of the "Green" mountain product with them. HA
    LOL! Sure could be!

  10. #40
    Quote Originally Posted by cdskier View Post
    real estate values in VT are lower than NJ, so ultimately you're still paying less taxes for a comparable home.
    Not really. Very slightly. That's where 'effective tax rate' comes into play, and Vermont's is one of the worst in the nation. Better than NJ, but still pretty bad.

    Quote Originally Posted by cdskier View Post
    If you decide you want a vacation home in VT, you're not going to look at the rates and say "screw that, Colorado is much lower, I'll buy one there instead".
    You sure? That's DEFINITELY something I'd think about. Taxes, price appreciation of asset, etc... all of that. Cost would be a huge factor in my decision. For some people who are buying solely for every weekend trips, well then sure, because they cant fly every week. But if you're only making it on say 3 ski trips a year, that CO home you mention sounds pretty nice.

    Quote Originally Posted by deadheadskier View Post
    As for these Stowe folks leaving, the motivation is the increased traffic in town and overall change in feel over the past 15 years. The benefit is they probably can get the same quality property in the MRV for less than half the cost and much lower taxes.
    Sounds good to me. Stowe > Sugarbush, but money is money. And if Stowe traffic truly is becoming a nightmare it probably makes those savings look even sweeter.
    President - Bicknell's Thrush Extermination Solutions (BTES), LLC



Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
All times are GMT -5. The time now is 5:46 AM.