Wall Street Journalのインスタグラム(wsj) - 8月23日 20時17分
These American ranches have sprawling mountainous landscapes, forests, meadows, rivers and fisheries. But the John Wayne-loving baby boomers who own them—or their children who have inherited them—are having a tough time selling the trophy properties, priced here from $22 million to $70 million.⠀
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A generational changing of the guard has led to an oversupply of ultraluxury ranches in states like Colorado. "If you look back in the day to the '70s and '80s, there were these guys...raised with this mythology of the West," says local ranch broker Ken Mirr. But for the children of ranchers, the Wild West doesn't always have the same draw. "Sometimes the kids just see cows and think 'What should I do with this?'"⠀
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Ranch operations are labor intensive, and keeping up with costs can be a struggle. And grandchildren would often rather play videogames and hang out with their friends than go fly-fishing in the wilderness.⠀
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Some ranches have sat on the market for years, with the surge in supply leading to a lack of urgency from buyers. So for many sellers, it is a waiting game.⠀
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Read more at the link in our bio. ⠀
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📷: @rebeccastumpf/@toniaxelrod/@brentbinghamphoto for @wsjrealestate
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