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Rental housing demand still robust, points to the slow, local economy

September 21, 2012

The demand for rentals in Mono County has dropped somewhat since the recession hit the Mammoth Lakes area in 2009 but it is still high, even as the economy slowly recovers, according to county officials.

According to Mono County Supervisor Byng Hunt, who sits on a housing advisory board, the reasons might include such factors as having to move out of a foreclosed home, tight credit, unsteady finances, and still-high employment.

The number of families hoping to get into the Mammoth Lakes Housing Inc.’s workforce housing is at 33 families (at one time it was at about 80), meaning there are still many families in Mammoth struggling to find a place to live.

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