In Steamboat Springs, Colorado, high earners, including doctors, struggle to afford homes due to rising prices and increased short-term rentals.
In Steamboat Springs, a 'cowboy ski town' in Colorado, high earners are struggling to afford homes despite salaries of up to $167,000. The local hospital has had positions remain unfilled for over two years, as doctors can't afford the housing prices, often outbid by out-of-town buyers. The ski resort has resorted to leasing a hotel for employee housing, as houses are increasingly turned into short-term rentals for visitors.
March 03, 2024
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