Due to the strong real estate values in Palm Springs, Palm Desert, Indian Wells, Rancho Mirage and La Quinta, the housing authority and local governments of the Coachella Valley are working hard to find affordable housing in nearby areas such as Thousand Palms, Indio, Desert Hot Springs and in unincorporated areas.
Recently, there was a meeting of the minds in the Coachella Valley to determine how best to address this need. You see, the current average median housing price in many of the more elite cities such as Palm Desert, La Quinta and Indian Wells was approaching $400,000 and that made it tough for working families in the area to find suitable housing. Without that labor force, the cities would find themselves in trouble trying to service the local residences.
As you probably guessed the Indian Casinos nearby, the 5-Star Resorts, 200 Golf Courses, Restaurants, require a lot of labor, as do all the service companies, everything from auto detailers to pool maintenance people. It is a serious issue. Luckily, this are coming together fine and these critical issues are now being addressed; thanks to CVAG - Coachella Valley Association of Governments, which sponsored a huge get together, which included school administrators, hospitals, Realtors, Indian Tribe leaders, builders, developers and some 85 people in all.
The symposium took on the bigger picture as well with the sub-prime lending regulations and tightening, which would now make it tougher for working families to get into homes. Especially those with young families, trying to make ends meet. This is of interest to me personally, as I know that our Valley and the great life style we enjoy is also predicated on a strong labor pool to service all the businesses and wealth in the Valley.
Many of my clients come to retire here in the Coachella Valley and soak up some of this great weather and wonderful ambiance. The standard of living here is unmatched and it is important that everyone is able to find a home. These folks with less funds to buy a home now, will eventually save and secure property labor. There are no shortage of jobs here, anyone who wants to work can easily find a suitable job to match their abilities, skills and the amount of work they are willing or interested in taking.
Many retired individuals here choose to work part time, just to stay active, socialize. Some volunteer and that is one reason our cities here are so great. Volunteer-ism in our area has some staggering statistics. It is wonderful to see the sense of community here, it makes me smile and it is fun to shop knowing that the folks there are happy to be working.
When I saw how many people attended the CVAG meeting on housing, it made me think, how well we all work together here in the Coachella Valley, it makes me so proud to live and work here. I love helping my clients find their dream homes where they can relax and enjoy this wonderful community we have built. I welcome them all.
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