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Originally Posted by Shipping up to Boston
Just on your Colorado link....sounds like somebody might need to encourage development of workforce housing in Steamboat Springs. They’re already leasing a hotel to house said employees. Other trendy locales in the US seem to make it work.
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having to spend more money to solve an illiquid asset price issue is the result of high value exclusivity. Just tax them more to pay more for service labor. They won't miss it at all. Lots of economically stupid answers because people like cheap answers, or want govt to solve their own created issues. Everything comes with a cost, like convenience, and exclusivity. If you want it, deal with it, don't ask the govt to fix it for you.
Similar economic issue here in rural FL, lots more high paying jobs 60 minutes away in Orlando, and TV is mostly exclusive to retirees able to afford it. . . similar issues, excessive house values are not a great goal for home owners other than ego.