by ReverseEngineer » Wed 03 Dec 2008, 03:06:18
$this->bbcode_second_pass_quote('Homesteader', 'T')he Mat-Su is a wonderful location, I'm envious. I peruse the over-priced real estate in the Talkeetna area every so often to escape into a pleasant dream.
Real Estate prices here are dropping like a stone, like everywhere else. There are also plenty of folks looking to sell out because they are in financial trouble. I have friends who are trying to unload a cabin in Peters Creek as they are currently underwater on their mortgage on their primary home. Too far from work for me though, and besides I think the real estate market has a good ways to still fall. Quite a ways off even dirt roads though, you gotta get there by snow machine in the winter and 4 wheeler in the summer. When the gas runs out, cross country skis, off road bicycle or horseback to get there.
Rentals are abundant and dirt cheap though, I rent my place for $650 including NG heat. I spend all of around $20/mo on my electric bill from the energy coop I am a member of.
Its going to be interesting to see how it plays out up here when TS REALLY HTF. As I have written in other posts, most folks I know have quite a bit of stored food themselves, anybody who hunts and fishes has a freezer full of meat going into the winter. You end up giving most of it away going into the next hunting season these days, as who really wants to eat 2 year old meat if you don't have to? However, that abundance is only because in reality most food is shipped up here. If we actually had to subsist on this stuff, I really don't know how many people it can support. Similar with our local farms, there is a decent amount of produce coming out of them but its by no means the main source of produce, most is either shipped from CA, WA or Mexico.
Far as energy goes, the Slope still has oil, but Tesoro as a refiner is very marginal. I imagine they will be Nationalized however, so what their profit margin is really doesn't matter all that much.
Besides the Slope driving the total economy, the other main employer up here is the Military. Alaska is basically a modern Fort. As long as the Military gets some funding of some sort, we have an economy running. Strategically, due to the location on the Globe, Air Force bases here have access to all of Russia, Sweden, Norway and Finland over the Polar Route. Geopolitically, Alaska is a very valuable piece of real estate because of that.
I'm lucky to be here, I didn't plan it because of Peak Oil, it just turned out that way. I honestly cannot think of any other place I would rather be though to try to ride this thing out, including New Zealand, which would be my second choice. Still, by no means do I think its going to be a picnic up here when TSHTF. People really aren't prepared for just how tough it will be to make our area self-sustaining. How fast they adjust to it will be interesting to say the least.
Reverse Engineer