Crested Butte’s housing affordability crisis is turning into an employment crisis
“It’s not the pay or pandemic unemployment benefits that businesses blame for the worker shortage — it’s the lack of affordable housing.
Like many mountain communities, the average price of homes has been skyrocketing for years. The average home price in the town is now nearly $900,000.
‘Housing here is going for ridiculous prices. It’s still cheap compared to Aspen, but very ridiculous for us,’ Schmidt said.”