Taking Equity out of Home to Go on Guided Hunts

Anyone with a basic understanding of wealth demographics knows this is simply not happening.

We are only at the tip of the iceberg of the biggest generational wealth transfer the country has ever seen.
Were also well into the curve of the largest reduction in numbers of people hunting this country has ever seen.
 
Were also well into the curve of the largest reduction in numbers of people hunting this country has ever seen.

You will kill a 200” sheep on your $140 tag before there is any meaningful reduction in sheep hunt pricing.


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My favorite was a buddy’s roommate, asked him if he was into hunting, he said “I’m a sheep hunter, don’t care about deer and elk hunting” I asked him how many sheep hunts he has been on, his reply “0”


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People laugh, this is HIGHLY RELATABLE. I dont have enough hands to count how many people show up at the indoor 3d shoots of the local archery club, with very expensive archery and optics set ups for shooting 15-35 yards on 3d targets. And many of these guys talk about $20k deer hunts in new zealand, african hunts, caribou hunts in alaska. And they all RUN when anyone brings out a picture of a wyoming hunt they just killed an animal on. Alaska fishing trips combined with multi animal hunts. One guy in particular stands out. He always makes statements about : "his guide charges this much for a caribou" "his guide charges this much for a moose, but throws in a bear tag and some fishing" "his guide charges this much for a sheep" "his guide is this much compared to the price of a particular african hunt in the year 2018". Low and behold, the guy has never actually gone on any of these hunts, even once. He just likes to talk about them like he bought them, without ever actually stating he took them. Ive shown him big horn sheep i have seen while antelope hunting, antelope, elk and deer I have shot here in wyoming. Always told me wyoming is too crowded with too many hunters and none of the animals are big enough for him to shoot. The $20k new zealand deer guy is a real trip. He thinks its too difficult to hunt here in wyoming without a guide, but says if hes going to pay for a guide he might as well do it in new zealand.

Were deffinitely in the phase of "more money than skill" that is going to quickly fade away in the next 10 years.
 
You will kill a 200” sheep on your $140 tag before there is any meaningful reduction in sheep hunt pricing.

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Your sure right about that. Ive found them. Just need to draw the tag.
Sorry the picture quality is not better. I cane over a ridge and they were 40 yards from me. I wanted to get a cell phone picture and get back behind the ridge before they spooked.
 

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Were deffinitely in the phase of "more money than skill" that is going to quickly fade away in the next 10 years.

I hope you're right. But spend some time in Texas and I think the "more money than skill" guys are growing exponentially. A giant stock market crash might stabilize prices, but I don't see them ever coming down. Just too many damn people.
 
I hope you're right. But spend some time in Texas and I think the "more money than skill" guys are growing exponentially. A giant stock market crash might stabilize prices, but I don't see them ever coming down. Just too many damn people.
A lot of the big money spending on hunting is people in their last few years of hunting, and people who do it because their friends do. When the fads die, things will change a lot. Look at all the other fad recreation hobbies. Number of hunters has been declining since the 1960s. Steep decline since the 90s. Both the actual number of hunters and the percent of the adult population hunting have declined.
 
A lot of the big money spending on hunting is people in their last few years of hunting, and people who do it because their friends do. When the fads die, things will change a lot. Look at all the other fad recreation hobbies. Number of hunters has been declining since the 1960s. Steep decline since the 90s. Both the actual number of hunters and the percent of the adult population hunting have declined.
The genie isn't going back in the bottle. While there may be a few less hunters than at peak, say in the 1980s, hunting isn't the same. That's lumping all hunters together as well. Deer hunters used to hunt the back 40 that the neighbor owned. Now the game is to buy up 1000 acres as a NR and hunt it a few weeks a year. The name of the game is land development, cameras, leases, and large tracts. Supply of resources has been consolidated for something like deer, and the supply of something like a sheep is flat or declining.

And at the same time the demographic of the hunting community has changed just as much. Slightly fewer, but wealthier hunters consuming more of the resource.

How many sheep get killed on all tags in all places in a year? A couple thousand(I'm guessing)? It takes a very small percentage of the hunting community to consume that supply. If even 1% of the hunting community pursued sheep hunts the supply is already toast 10 times over.

Hunter numbers aren't going down because people suddenly lost interest. The barriers to entry have gotten too great for many people, be it for deer, a western elk, or a sheep. We get told by states that we need to recruit, we get told by conservation orgs like WSF(I'm a member) that we need to recruit. We get told by influencers that we need to recruit. Just in the past 10 years alone, the collective resource of wild game has been squeezed at an alarming rate. Pick your favorite animal and the story is the same.

I get told hunter numbers are down. Then I see 2 point a year creep on elk tags and sheep prices doubling in 3 years. It doesn't wash when all factors are considered.
 
A lot of the big money spending on hunting is people in their last few years of hunting, and people who do it because their friends do. When the fads die, things will change a lot. Look at all the other fad recreation hobbies. Number of hunters has been declining since the 1960s. Steep decline since the 90s. Both the actual number of hunters and the percent of the adult population hunting have declined.
I dont know if that first statement is so true. I went on my sheep hunt at 43. There was a another guy in camp who was only 10 years older than me. There was also quite a few other guys who were mid 50s also. I met lots of other hunters in the airports and hotel who were mid 50s to mid 60s. I dont think anyone of those guys is in the last couple of years of their hunting careers. While there was one guy who flew into camp while we were getting flown out who was in his 80s, that seemed to be the exception. I know this is a small sample, but it seems to hold true. Look at the vast majority of guys on this site who are sheep hunting. Most dont seem to be aging out of hunting anytime soon.

I hope like hell sheep prices come down, I really want to take my boys when they are old enough, but I'm not holding my breath.
 
A lot of the big money spending on hunting is people in their last few years of hunting, and people who do it because their friends do. When the fads die, things will change a lot. Look at all the other fad recreation hobbies. Number of hunters has been declining since the 1960s. Steep decline since the 90s. Both the actual number of hunters and the percent of the adult population hunting have declined.
Most recent report by the US FWS says otherwise. In 2022 they released their report with ~14.4 million hunters in the US. That's an increase of about 10% since the turn of the century and a ~25% increase from their previous survey done in 2016.

By any account, since you mentioned a decline since the 60's, USFWS reported 13.6 million hunters in 1965, in 2016 there was a record low of 11.5 million hunters reported. That's a decrease of 15% in 50 years, or .3% a year. I'd be curious to see how that compares to game populations across the country, or at a minimum tag availability.
 
Most recent report by the US FWS says otherwise. In 2022 they released their report with ~14.4 million hunters in the US. That's an increase of about 10% since the turn of the century and a ~25% increase from their previous survey done in 2016.

By any account, since you mentioned a decline since the 60's, USFWS reported 13.6 million hunters in 1965, in 2016 there was a record low of 11.5 million hunters reported. That's a decrease of 15% in 50 years, or .3% a year. I'd be curious to see how that compares to game populations across the country, or at a minimum tag availability.

No, its not.
 
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