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TexasTowelie

(117,358 posts)
Sun Jun 6, 2021, 11:16 AM Jun 2021

Santa Fe getting 5,000 new dwellings, but is it enough?

It’s the typical Santa Fe story: A family preparing to move to the City Different searches for a home, only to find housing options sorely lacking or too far out of their price range.

For more than two decades, Santa Fe has experienced one of the tightest housing markets in the country, with a rental vacancy rate close to zero and an inflated homebuying market out of reach for midlevel buyers.

The issue is particularly concerning for renters.

According to the Santa Fe Association of Realtors’ 2020 housing report, there is a shortage of about 7,343 rental units in the Santa Fe area, with an average rental cost of about $1,000.

Read more: https://www.santafenewmexican.com/news/local_news/santa-fe-getting-5-000-new-dwellings-but-is-it-enough/article_9fdea124-b1db-11eb-af92-fba6306e1c3d.html

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Santa Fe getting 5,000 new dwellings, but is it enough? (Original Post) TexasTowelie Jun 2021 OP
Santa Fe is so beautiful Bayard Jun 2021 #1

Bayard

(24,145 posts)
1. Santa Fe is so beautiful
Sun Jun 6, 2021, 11:54 AM
Jun 2021

I can totally understand people wanting to live there. The Native street fairs and the art shops were amazing too. I can understand the locals not wanting it to grow that much.


I almost moved to NM. Probably would have been much better than the move to CA.....

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