- Jun 4, 2004
- NEK by Birth
What seasonal workers? With J-1 visas being shut off, a lot of foreign workers ain't coming.I've literally just begun my apartment search the past couple days and have found numerous places sub $1,100 rent studio/1 bedroom. On the bus route in Sandy/Midvale and even a couple in Cottonwood Heights. I find it surprising given we're 2-3 months from ski season and I'm sure I'm not alone in looking for apartments in these locations.
I have a question, does the market cool off after the Christmas holidays, once all the resort workers are settled? Right now my emergency back-up plan is staying in an extended stay, running me $1800 a month. I couldn't do it sustained month-month but I can see myself doing it if the market does in fact cool down after the influx of seasonal workers is over. Maybe I'm overthinking it... but my micro-econ brain is telling me thousands upon thousands of seasonal workers flooding the area would raise rates in the fall and then drop in December for whatever inventory is remaining.
For the PC areas, most would try to be in Heber. For the SLC areas, there are a lot of locals that are already here and work year round.
I would not say that there is any sort of seasonal rush. We're just really short on housing at a time when there is a lot of demand for other reasons.