Airbnb Collapse & The Lakes Region?

dickiej · 06-29-2023, 11:42 AM

Somewhat related I guess…I sell advertising for our local newspaper out here in Hood River, OR, a thriving tourist town in the Columbia River Gorge. Real estate prices and rents are through the roof…just about everywhere I go, businesses owners tell me the same thing, “I don’t want to advertise because if I get any busier, I will have to hire more employees and no one can afford to live here.”
Our newspaper has an opening for a reporter…four candidates have been offered the position, but all four have turned it down because it doesn’t pay enough to afford an apartment. We have a lot of air bnb and vrbo rental property. I guess short term rentals have severely diminished the amount of long term rentals.

06-29-2023, 11:42 AM	#10
dickiej Senior Member Join Date: Oct 2013 Location: White Salmon, WA Posts: 301 Thanks: 21 Thanked 171 Times in 93 Posts	Somewhat related I guess…I sell advertising for our local newspaper out here in Hood River, OR, a thriving tourist town in the Columbia River Gorge. Real estate prices and rents are through the roof…just about everywhere I go, businesses owners tell me the same thing, “I don’t want to advertise because if I get any busier, I will have to hire more employees and no one can afford to live here.” Our newspaper has an opening for a reporter…four candidates have been offered the position, but all four have turned it down because it doesn’t pay enough to afford an apartment. We have a lot of air bnb and vrbo rental property. I guess short term rentals have severely diminished the amount of long term rentals.