Steamboat Springs, a remote Colorado community known for training Olympic athletes and surrounded by ranches, is facing a housing affordability crisis that has made it impossible for the city to fill a crucial head of human resources position, despite offering a salary of $167,000. Two people turned down the position due to the high cost of living. The situation in vacation areas like Steamboat Springs and Park City, where workers serving the luxury clientele are also being priced out, reflects a broader trend in 2024 where home prices in vacation destinations are becoming increasingly unaffordable.
In this Colorado ski town, even a six-figure salary isn’t enough to buy a home. Out-of-town buyers turning homes into short-term rentals have left many residents with hotel rooms as their only housing option. https://t.co/UgYqNAViV3
A COLORADO SKI TOWN CAN'T FILL A JOB WITH A $167,000 SALARY BECAUSE POTENTIAL CANDIDATES CAN'T AFFORD TO LIVE THERE (MSN) In Steamboat Springs, Colorado, even high-earners are being priced out, NBC reported. The city manager said two people turned down a six-figure job after… https://t.co/hvjRa4HcK7
Home prices in vacation areas make no sense in 2024 https://t.co/iYjaBalCvt
Park City reckons with how to house its priced-out workers serving luxury clientele https://t.co/piks0Y0MJH
Despite offering a salary of $167,000, the city of Steamboat Springs can’t find a head of human resources who can afford a place to live in the remote Colorado community surrounded by ranches and famous for training Olympic athletes. https://t.co/pkxvEtgaLa