Earlier it was the teachers who were shying away from North Nevada as home prices skyrocketed and buying a home for middle to low income groups became more and more difficult.

Now it the turn of students. Lower enrollments at schools indicate that if the teachers are finding it difficult to buy affordable homes the parents are not faring any better.

The home prices are reaching ridiculous levels for example in Douglas County’s Minden-Gardnerville area located 15 miles south of Carson City, median price for a single family home is $415,000 in the Lake Tahoe area it has reached $1,185,000, and in Reno and Carson City this fall, it was $330,000.

Housing has simply become too expensive for young families with school going children and this is reflected in the lower enrolment at the schools. Are the authorities listening?

This entry was posted on Tuesday, January 10th, 2006 at 3:29 pm and is filed under News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.