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This Idaho town has been ‘bought up’ by rich people. Teachers and hospital workers face homelessness

A look at the city of Ketchum, Idaho, where regular people may have to live in tents

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A photo graphic shows an outline of the state of Idaho.

“Rents have gotten so stratospheric in Ketchum, Idaho, that teachers and hospital workers — some whose families have lived here for generations — are facing homelessness,” according to The Daily Beast.

Alex Cochran, Deseret News

The Daily Beast recently offered a deep dive into the city of Ketchum, Idaho — a town that has been recently bought up by superwealthy people.

  • In fact, the superrich’s impact on Ketchum has made it so bad for regular folks, who may have to live in tents to survive.
  • “Rents have gotten so stratospheric in Ketchum, Idaho, that teachers and hospital workers — some whose families have lived here for generations — are facing homelessness,” according to The Daily Beast.
  • This has been an ongoing issue for Ketchum for decades as the rich have infiltrated the area, The Daily Beast reports.

(Head over to The Daily Beast to read more.)

Wealthy towns in Idaho

But Ketchum isn’t the only wealthy area in Idaho. In fact, there are multiple locations in the state that seem to catch the eye of the wealthy and affluent. Idaho, in many ways, has become an attractive area for home buyers. As I wrote for the Deseret News, Sun Valley — which is near Ketchum — has been a celebrity play-place for quite some time.

In fact, “Sun Valley has long been a playground for the rich and famous, including Ernest Hemingway, Clint Eastwood, Arnold Schwarzenegger and the Kennedys. Actors Bruce Willis and Demi Moore raised their three daughters in nearby Hailey,” according to the Idaho Statesman.

The town of McCall is like Sun Valley, though it has less glitz and glamour.

In a similar light, Snake River has seen some celebrities stay over for some fishing trips. And Lake Coeur d’Alene has welcomed celebrity guests such as Kim Kardashian and Shaquille O’Neal in the past, too, The Idaho Statesman reports.

Correction: This article previously said McCall was a nearby town of Ketchum. The two are four hours apart so this article has been changed to reflect that information.