Tag: Housing

Alaska’s ‘upside down economics’ keep supply low, demand high for new homes

Alaska’s ‘upside down economics’ keep supply low, demand high for new homes

by Robert Woolsey, KCAW | Dec 8, 2023 | ,

While many other states are quickly adding new housing to meet rising demand, Alaska is not. A perfect storm of scarce land and high materials costs are keeping prices up for existing housing, and limiting the availability of new homes. UAA's Nolan Klouda explains "The Upside Down Economics of Alaska's Housing Market" for the Sitka Chamber of Commerce. Read More
Restrictions on new short-term rental permits now in effect

Restrictions on new short-term rental permits now in effect

by Katherine Rose | Sep 16, 2022 |

Sitka is cracking down on short-term rentals run by non-resident owners. When the Sitka Assembly met on Tuesday (9-13-22), it adopted new rules for vacation rentals that require owners to reside on the same property for at least six months of the year. And all permits for short-term rentals will sunset when a property changes hands. Read More
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