Boom bust is the story of Alaska.  I feel sorry for the young people that have mortgages.   They will soon learn a lesson in investing in Alaska.  We only have 365,000 working Alaskans.  There is no way that small of  population can support the current size of state governemnt spending. We had a good 35 years with the oil money but now it looks like we are going back to the pre oil days.  We are probably the only state where outsiders think they own us and where they they think they have a right to control our resources.  They are bankrupting us and there is little we can do about it.  If Alaskans could manage our resources we could make it, but with the out of state environmentalists locking up our resources we are doomed.