Comments on: We have “cheap” houses, but you probably can’t buy one.

By: jared roy

jared roy — Wed, 06 Jun 2007 16:08:25 +0000

Even at deed-restricted prices, the houses are out of reach for most locals. We recently moved here from Minnesota and lived in a very popular neighborhood with young professionals and families. We sold our 2000 sq ft, 3-bedroom, 2.5 car garage with a nice yard for $250,000. The only thing we could afford when we moved here was a 1,000 sq ft, 2-bedroom duplex, 1 car garage with a tiny yard and it was more expensive then the house we sold in Minnesota.To get into a similar house in Summit County, at a deed restricted price, is around $400,000.

By: Job hunting in Summit County, CO | Summit County Colorado Real Estate - Breckenridge, Frisco, Copper Mountain Realtor - The Best of Mountain Living

Sun, 21 Oct 2007 03:26:38 +0000

[…] to find a place to live and have to turn it down. For those who can buy a home, there are deed restricted housing units designated specifically for people who work in the County 30 hours a week or more. They are […]

By: cacia

cacia — Sun, 25 Nov 2007 00:45:25 +0000

I feel Breckenridge Resort Program for students all around the world, is missing something, its not right to sell a dream, to a place with no facilities to rent, The authorities of the county should do something, these are young people who will arrive to work and enjoy.Every place is just for very GOOD POCKETS, my sons are looking for a decent place to stay for 4 months and of course the rent is too high, so what they do now? they can’t drop the job, did you know that to have a working contract each student invests more than U$ 1,000 (besides ticket plane), the issue of the Visa at the Embassy is U$ 100, and of course money for the first 20 days to live, and eat, sure they just give you the job, kids traveling in this way are from well educated families, everyone is checked at the embassy for no police background, good average notes, and of course they all come from private universities, because other locals couldn’ t afford to invest so much money. What do authorities do ? The principal employees giving the job offer should advice from a start to a final accomodation for the one traveling, don’t you think, someone should be responsible.

By: Meredith Hanson

Meredith Hanson — Mon, 03 Dec 2007 17:46:59 +0000

Most of the ski resorts offer some type of employee housing at more affordable prices. They do fill up quickly leaving many new employees scrounging to find a place to live. The county realizes there are issues with affordable housing and feels it is their responsibility to create more affordable housing and not the employers. One way the county is working on this issue is, as mentioned in the blog, a developer can “…often get density bonuses that allow them to build a market priced unit for each restricted unit and therefore can get more units than the zoning would otherwise allow…” Unfortunately, the deed restricted housing is only a solution for the full time, Summit County resident. For locals needing rentals visit the Summit Housing Authority’s website http://www.summithousing.us/rentalinfo.html for some complexes that offer reduced rates based on income. As housing prices continue to rise I agree that this will become more and more of an issue.