Steamboat Springs does not have an affordable housing problem. Houses, townhouses and condominiums continue to sell briskly at today's high prices. In fact, in some cases buyers have arrived in throngs and paid over the asking price.
Someone is willing and able to pay those prices. Obviously they find the housing products to be affordable. The problem with City Council and other affordable housing myth-makers is that those willing to pay market prices apparently are, in their minds, the "wrong" people. Myth-makers say that "desirable" people cannot pay market prices. Thus government social engineering emerged in Steamboat Springs.
Government social engineering requires subsidization, which in turn leads to government confiscation of private property/wealth. If profits are artificially limited by government schemes, then infringement of private property/wealth rights occurs. If government forces land or buildings to be sold at less-than-market rates, then private property rights are negated. If government action causes construction and rental costs to artificially increase to pay for social engineering, then buyers and users pay more than they should and suffer a loss of private wealth.
If City Council members truly believe in social engineering to ensure home ownership by "desirables," let them demonstrate their commitment by selling their own personal homes to these "worthy" individuals at less-than-market rates. A price such as $100,000 for any of their homes might be a nice place to start.
James C. Makens