A study of housing in Truckee and north Tahoe released this week reveals some troubling realities about the region.
The results of the Truckee-North Tahoe regional housing study, commissioned by the Truckee-Tahoe Community Foundation, are unsurprising to locals: A third of Tahoe residents spend more than half their income on housing, and close to 65 percent of houses in the region are vacation homes.
After adjusting for inflation, the study found that since 1999 north Tahoe communities have experienced a decline in household purchasing power as incomes have decreased while housing costs rise. Read the complete study here.
The culmination of an initiative that began in 2014, the Truckee-North Tahoe regional housing study is meant to inform policy discussions around workforce housing solutions for the region.