Thursday, December 8, 2022

The “Yellowstone” housing crisis - The Hustle

Last updated Wednesday, June 8, 2022 08:46 ET , Source: NewsService

Are you a founder? Are you willing to hand over your receipts and let us dig through them for others to learn from? If so, we want to feature you in our Founder’s Wallet series where we break down the inner workings of financing a business. Let’s talk.

In today’s email:

  • Has “Yellowstone” created a housing crisis?
  • Chart: Expert witnesses make bank.
  • Taco Bell’s drive-thru of the future.
  • Around the web: Ancient cave art, grilling for vegetarians, a cute kingdom-building game, and more cool internet finds.

On the go? Listen to today’s special podcast: An hourlong chat with billionaire investor Ray Dalio. We cover the decline of the US empire, wealth inequality, the impending recession, cryptocurrency, and… chicken nuggets.

The big idea

The ‘Yellowstone’ housing crisis, explained

“Leverage is knowing that if someone had all the money in the world, this is what they’d buy,” professes John Dutton, the Montana mega-rancher played by Kevin Costner in “Yellowstone.”

Ain’t that the truth. As Paramount’s hit show has soared, so have Montana’s housing prices.

And while not a direct cause and effect, Montana’s TV allure may well have heightened a dire crisis in America’s third fastest-growing state.

First, some context

The season four finale of “Yellowstone” in January was the most-watched show on cable since “The Walking Dead” season three premiere in October 2017. It grabbed ~9.3m viewers, a 81% jump over season three.

  • The success...

Read Full Story: https://thehustle.co/%F0%9F%90%B4-the-yellowstone-housing-crisis/

Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.