Tahoe & Hawaii - The Real Cost of Living in Paradise

Work with Jena to buy or sell real estate: https://jenalanini.com/ In this episode, I sit down with Jena Lanini, a Coldwell Banker real estate agent born and raised in the Lake Tahoe area, now based in Reno, Nevada. Jena grew up in Tahoe, left for opportunity, and eventually built a career in real estate spanning both the Reno and Lake Tahoe markets. Together we get into the real economic forces behind what makes vacation destinations so difficult to live and build a life in long term. We cover: Why locals get priced out of places like Lake Tahoe and Hawaii and what actually drives that. The difference between affordable housing and attainable housing in the Tahoe market. How short term rental regulations in South Lake Tahoe and Placer County actually reduced long term housing supply instead of increasing it. Why trading time for money will never get you to homeownership in a vacation destination economy. How to think strategically about income if you want to make a long term life in a high cost market. Whether buying a home is actually the right financial move for young people right now. The truth about what role realtors actually play in driving prices (and what really does). Why the American dream has shifted and what that means for people who want to live somewhere extraordinary. This episode is honest, a little controversial in spots, and worth every minute if you are serious about understanding the Tahoe or Reno real estate market or thinking about making a move to Northern Nevada. Want to work with Jena? Connect with her here: Website: https://jenalanini.com/ Facebook:   / jenalaninirealtor   Instagram:   / jenalanini   LinkedIn:   / jena-lanini2023   Phone: (530) 386-0241 Email: [email protected] #LakeTahoe #TahoeRealEstate #RenoTahoe #RenoNV #RenoRealEstate #CostOfLiving #VacationDestination #realestatemarket ____ Shay Phillips is a Top-Rated Mortgage Advisor based in the Reno-Tahoe area. Want to find out how much of a home purchase you qualify for? ► ► Reach out to find out → https://www.mortgageupside.com/ DISCLAIMER - This video is intended for educational purposes only. Shay Phillips is a Licensed Loan Originator (NMLS 1919855) with NEXA Mortgage, LLC (NMLS 1660690), an Equal Housing Lender. Mortgage Upside is not a lender, does not issue loan qualifications, and does not extend credit of any kind. This video is only for educational usage. All calculations should be verified independently. This video is not an offer to lend and should not be used directly to make decisions on home offers, purchasing decisions, or loan selections. Not guaranteed to provide accurate results, imply lending terms, qualification amounts, or real estate advice. Seek counsel from a licensed real estate agent, loan originator, financial planner, accountant, and/or attorney for real estate, legal, and/or financial advice. Not affiliated with the VA, FHA, or any other government agency. This video has not been approved by any government agency. NEXA Mortgage, LLC 3100 W Ray Road #201, Office #209 Chandler, AZ 85226 NMLS #1660690 Equal Housing Lender