Ski town struggles to fill 6-figure job because candidates can't afford housing
CBSN
Steamboat Springs, Colorado, has a problem that's prevalent among all resort communities where housing costs far exceed local incomes: recruiting staff. That's because job candidates say they can't afford to live there.
While home prices and rents have soared across the country over the past year, rent and real estate prices in uber-wealthy enclaves are in a league of their own. The median listing price for homes currently available in Steamboat Springs, for example, is $2 million, according to Realtor.com. Median rent is roughly $4,000 a month according to Zillow.com. The high prices put area housing out of reach, even for those earning above-average salaries.
Steamboat Springs city manager Gary Suiter told CBS MoneyWatch that the city government has struggled to recruit a human resources director, a management-level position with a six-figure salary to match, NBC first reported.