Challenges of Living in Steamboat Springs, Colorado

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Questions and Answers

What is the primary source of funding proposed for building more than 2,200 housing units in Steamboat?

  • Private donations from local residents
  • Revenue generated from short-term rentals
  • Funds allocated from the city's general budget
  • State and federal grants (correct)

What has caused a divide among residents in mountain and resort communities when it comes to addressing the housing problem?

  • Concerns about the impact of housing developments on local wildlife
  • Opposition to the construction of affordable housing units
  • Disagreement on the effectiveness of short-term rental restrictions
  • Debate over funding sources for housing projects (correct)

What is the main predicament faced by mountain and resort communities in terms of housing?

  • Lack of interest from wealthy individuals in buying properties
  • Inadequate infrastructure to support housing developments
  • Unaffordability of housing for the majority of residents (correct)
  • Limited availability of land for housing development

What restrictions are proposed for the sale and rental of properties in the Brown Ranch development?

<p>Residents must meet a certain income threshold, work locally, and live in the unit full-time (B)</p> Signup and view all the answers

What was the outcome of the city council vote regarding the Brown Ranch plan in Steamboat?

<p>Approved the plan despite opposition from local residents (B)</p> Signup and view all the answers

What action did opponents of the Brown Ranch project take after the city council's approval?

<p>Collected signatures to get the development placed on a ballot for voter decision (B)</p> Signup and view all the answers

What has caused home prices to nearly double in Steamboat and other mountain towns?

<p>Pandemic-fueled real estate boom driven by remote workers, second-home buyers, and short-term rental investors (A)</p> Signup and view all the answers

Why have some positions in Steamboat gone unfilled for more than two years?

<p>Housing costs making it difficult for employees to find accommodation (B)</p> Signup and view all the answers

What has the local ski resort resorted to in order to provide housing for its employees?

<p>Leasing a hotel (A)</p> Signup and view all the answers

Why are high-income professionals also struggling to find housing in small, rural communities?

<p>Real estate boom driven by remote workers and second-home buyers (C)</p> Signup and view all the answers

What has been the trend with housing in Steamboat according to Loryn Duke?

<p>Houses are now for guests and hotels are for employee housing (C)</p> Signup and view all the answers

What challenge are employees in Steamboat facing when it comes to finding accommodation?

<p>Not receiving sufficient salary to afford homes in the community (C)</p> Signup and view all the answers

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