City officials in mountain communities are worried rising home prices are pricing the workforce out of the market.
“We’re really at risk of creating the modern era-ghost town in our mountain towns, where the lights are on and no one has a home to live in,” Hunter Mortensen, the mayor of Frisco, told 9NEWS.
Keaton is a manager at the Dunraven restaurant, while his wife works remotely for a nonprofit. Combined, they make about $100,000 a year before taxes, and they have found that is not enough to afford a home in the community.
“A lot of our friends too are people who were born in Estes and were raised here and they can’t even afford to live as adults in the place where they grew up,” Candace said.
“If people who are coming to visit and recreate and do everything that we depend on have terrible service, or there aren’t restaurants, or there aren’t the services they depend on because no one can afford to work here or live here, then where do we end up? We’ve got a community and an economic problem that are intertwined in a way that could be potentially really devastating.”
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