The economic ignorance displayed in this post is mind boggling.....why only $15 an hour...if we are going to ask the wish fairy for the economically impossible let's just pay them all like NFL super stars. We'll give them all contracts like Peyton Manning he gets a lot more than 4 weeks of vacation and substantially more than 15 an hour so why not??
Do you actually believe that Vail Resorts sets the prices of their real estate? Real estate prices in the market are set by the buyers and what they are willing and able to pay.....no one forces them to buy real estate at some predetermined price.
Sorry end thread hijack
Why is it thread hijack to discuss economic impact on ski area after acquisition?
I noticed that some of "regulars" here are fast to issue "warnings" and stern little blue faces on every post not to their liking.
Regarding wages of $15/hr. (at least, I said), why not? I am a union member and look on companies not as "enemies" but as partners. Their job is to make profits for investors - fine, unions are trying to improve conditions and living wages for employees. I also hold stock in MTN. You do not think that $15 wage is economically feasible, I happen to think it is and yet I am not issuing little blue faces and it is not "mind boggling" to me that people have different perspective on economic issues.
Regarding the real estate comment, it is more of a "style" to finish comments on a cynical note aimed at VR's reputation as a real estate development company. I know, some of you don't get this - also fine with me. Thanks for a little primer how real estate market works - now I get it!
Again, nothing wrong with the fact that Vail acquired these properties, it might be good or bad. Other than improvements to infrastructure and services, I would also like to see improvements in working conditions and wages of employees that work very hard to provide us with great skiing experience and make our ski vacationing special and memorable. Everywhere you look, one of the biggest issues for seasonal VR employees is low pay.
I am withdrawing from any further discussion on this matter, do not want to make anybody upset with voicing opinions that are different than their own.
And, by the way Peyton Manning sucks - how about that for a thread hijack?