NYT: Can Affluence and Affordable Housing Coexist in Colorado’s Rockies?
August 17, 2023 The article delves into the housing affordability crisis gripping Colorado’s mountain towns, where picturesque landscapes and outdoor recreation coexist with soaring rents and acute understaffing. Despite two peak seasons attracting tourists, many workers struggle to afford living close to their jobs, with rental prices in towns like Frisco reaching exorbitant levels. Gentrification fueled by remote workers and second-home buyers exacerbates inequality, prompting local governments to consider measures like deed restrictions, though critics argue these are insufficient. The debate over development intensifies, balancing the need for housing with concerns about preserving the area’s character. Personal narratives, like that of Nancy Leatham, underscore the human toll of being priced out of the local housing market despite higher incomes. Overall, the article illuminates the complex challenges facing residents in maintaining their mountain lifestyles amidst a housing crisis. https://www.nytimes.com/2023/08/17/business/economy/colorado-rocky-mountain-housing.html