Re: “Sky-high rent in the Summit,” June 18:
A full article on why it is pricey to rent in Summit County and no mention of 1) Price manipulation of market values/for sale prices by real estate agents and their high commissions? 2) Disparity between property estimator valuations and property tax valuations? 3) High fees and residual profits by mortgage bankers? 4) High fees of title companies? 5) High cost of property and yard maintenance by local service companies? 6) High HOA dues? Why not write an article on how these services compare in price with other comparable communities, ultimately inflating costs for owners and resulting in those higher rents? Or should property owners just charge less for renters to live in their property than it actually costs to own, operate and repair?
Multiple home owner Frisco & Silverthorne