Affordable housing in the Vail Valley has been a topic of discussion since the valley became?the?VAIL Valley.? And lately, there has been a shift in focus as to what is affordable and whom the county should help acquire housing.
Under former guidelines, those that earned about 80% of the area median income were the primary focus.? New guidelines are now focussing on those that earn 110% of the area median income.? Basically, the county is asking for "more expensive homes" to be built fo those that want to buy homes here, but can't.
Think professional families that earn about $79K?a year.? Great for many parts of the country, but very difficult to afford a home here in Eagle County.
Our beautiful valley is facing a serious crunch for locals' housing.? The next few years will prove crucial to make up for the current lack, as prices seem to have finally gotten too high for many working families.
Call or email me to discuss the Vail Valley housing market in more detail.