The Yellowstone Effect: How a TV Show Reshaped Bozeman’s Boom and Housing Fight

Bozeman, Montana, has transformed from a quiet western town into a booming, expensive hub as pandemic-era migration and out-of-state money push up home prices and rents; locals struggle to afford housing while developers, private clubs, and tourism reshape downtown; a grassroots rent strike in mobile-home parks and a new generation of local leaders highlight a widening divide between residents and wealthier outsiders.