A real estate startup that has sparked controversy in other resort communities has landed in Jackson Hole. Some Jacksonites are worried.

“I am very concerned about it,” Jackson Vice Mayor Arne Jorgensen said. “It’s another mechanism that puts upward pressure on our market, and that’s not good for community housing.”

Arne Jorgensen

Arne Jorgensen

Pacaso home

This is a shot of the $9.5 million home Pacaso bought on East Gros Ventre Butte.

Matt Faupel

Matt Faupel

Contact Billy Arnold at 732-7063 or barnold@jhnewsandguide.com.

Environmental Reporter

Billy Arnold has been covering the Greater Yellowstone Ecosystem and the people who manage it since January 2022. He previously spent two years covering Teton County government, and a year editing Scene. Tips welcomed.

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(1) comment

Judd Grossman

There should be no "low wage" jobs in a town where employees are very much in demand. The government shouldn't step in and provide housing for rich people's employees. The real estate transfer tax will quickly move from "taxing the rich" to taxing everyone. Better to keep government out of the equation and let rich people pay what it really costs to get their house cleaned or their yard mowed.

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