An article written in the Utah Business Magazine featured a
story called “Where should Park City Employees live?” written by Jennifer
Alsever. The topic should be read by all of us who live around and love Bear
Lake. Some of the questions we should address are: how much should our workers
here be paid to live at the lake? There are not affordable rentals in Garden
City for enough employees. You can buy a townhouse for $269,000, but you have
to qualify. Who will certify that a person making $16.00 an hour is a candidate
to purchase a house? Is there someone who is altruistic who could buy a town
home and then sell to a person making $16-$20 and hour? We could tax the
developers, we could put a stipend on an empty house, or we could ask
developers to help finance affordable houses. Who will help? This is our
community can we step up?
You can download Jennifer’s complete article at https://www.utahbusiness.com/park-city-real-estate-prices-are-causing-problems/
(She has also written books and I am ready to read them.)
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