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Affordable Housing in Sedona Remains an Issue

Posted By Wally Reule @ Apr 27th 2017 2:40pm In: Sedona Real Estate Market News

Affordable housing, or a lack thereof, has been an issue for many years, and the shortage has only increased with the change in the law to allow short term rentals. Many homes that had long term tenants have been converted to vacation rentals, which has driven up average rental rates. That , in turn, makes it more difficult for businesses to find employees, as there is not enough housing available for the local workforce. An informal group started by Linda and Ron Martinez is exploring options, with support from the city administration. For an interesting read on this subject, click on this Red Rock News article.

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