Workers in the Catskills Can’t Find Housing. Bosses Are Trying to Help.
Workers in the Catskills Can’t Find Housing. Bosses Are Trying to Help.
Abstract
In January 2019, Ulster County, roughly at the center of the region, had 1,052 homes for sale. This past May, that figure was 538. Greene County’s inventory also fell from 595 to 213 in the same time period, and Dutchess County's fell from 1,577 to 957. Many rentals in the area are multifamily houses, not units inside large apartment complexes. The sudden bidding wars have driven up and rents. The impact on the market is considerable. Theudden bidding wars has driven up home prices and rents and prices. There was always some push-and-pull between locals and the city day-trippers and country-home weekenders, a boost for the economy as long as the visitors were in moderation.