What Micron's $50 Billion Buildout Is Really Doing to Boise Housing

[Correction at min 20:20 - I say 2028 and 2025, I ment to say 2008 and 2005.] Boise, Idaho made the national news because of Micron's massive buildout: tens of billions of dollars, cranes everywhere, and up to 4,000 workers on site. The story the media told was about Micron millionaires driving up home prices. The data tells a different story. In this video I walk through the actual charts on the Boise housing market: 20 years of prices and affordability, the COVID surge, the 2026 sales comeback, who is actually buying (hint: not the million dollar homes), and the one number I watch above everything else, the same number that gave us a two year warning before the 2008 crash. If you don't live in Boise, stay with me anyway. These principles work in any real estate market, and I show you exactly what to look for in yours. What's inside: 0:00 Micron's buildout and what the national news got wrong 1:20 Why this matters even if you don't live in Boise 1:40 20 years of Boise prices and affordability (14% of income to 42%) 4:11 The COVID surge: 40% in one year, then three flat years 6:34 2026: sales up every single month 8:30 What $4 billion in home sales does to a local economy 9:50 Who is actually buying (it's not the millionaires) 12:00 Pending sales: up 20% in July 13:02 New business written: the leading indicator most people never see 15:24 The one chart to watch: how 2006 warned us two years before 2008 19:16 What Warren Buffett's cash pile has in common with this chart 20:26 Months of inventory: how fast a healthy market can turn 25:57 What all this data means I study the markets, from the global level down to my own zip code, and I write about what I find in my letter. Subscribe for more in-depth analysis: https://MikeTurner.Life Charts: Webb Charts (Jere Webb Publishing), data compiled from Intermountain MLS. I'm not a financial advisor and this is not financial advice. This is research, observations, and my opinion. Nothing here is a recommendation. CONNECT WITH MIKE 🌐 My Weekly Letter: https://MikeTurner.Life 🔗 Linkedin:   / miketurnerlife   📸 Instagram:   / miketurnerlife