Housing costs have not been reasonable for years, but the current situation is untenable Old motels that served as a de facto reserve for affordable housing used have been purchased by investors, and those that remain now rent for $850 to $900per room per month. The impact of housing shortages
Rising prices in the city and county are due to an increase in in-commuters from La Plata County and the “zoom town” phenomenon. The housing authority in Montezuma county has an average of 45 people added to the wait list each month, around half of them indicate being homeless. Fair
Movement of Baby Boomers into the area for retirement has dramatically changed the housing market. This trend, coupled with a “wave of investors” purchasing and converting units into STRs (Short term rentals), has led to a very challenging market for workforce. These trends make sense from the investors’ perspective. Unaccounted