ACCUSED THE POSTAL SERVICE FOR
SABOTAGING THE UPCOMING
ELECTION.
NOW AT 5:30, A REAL ESTATE
CRUNCH ON CAPE COD.
IF YOU THINK PRICES ARE TOO
HIGH RIGHT NOW, JUST WAIT.
OFFICIALS SAY AFTER THE
PANDEMIC IT MAY BECOME EVEN
MORE UNAFFORDABLE.
GOOD EVENING, EVERYBODY.
I AM PAULA EBBEN.
Reporter: TUCKED AWAY IN A
SLEEPY NEIGHBORHOOD ARE ROWS OF
RANCH-STYLE HOMES.
60% OF THE UNITS THAT CAME
ON TO BE SOLD IN THE MONTH OF
JULY ARE ALREADY UNDER CONTRACT.
Reporter: THAT IS BECAUSE
THE PANDEMIC IS FEELING THE
PRESSURE.
WITH THE PANDEMIC, I WORRY
IT IS EXACERBATING THE
INEQUITIES WE HAVE IN OUR
COMMUNITY.
Reporter: A RECENT CAPE COD
COMMISSION REPORT DOWN THE
INCOME NEEDED TO AFFORDABLY OWN
IS JUST OVER $89,000. HEAD TO
THE OUTER CAPE AND THAT NUMBER
ALMOST DOUBLES.
THE GUIDE IS WIDENING.
Reporter: SHE SAID THE
PROBLEM IS A DOUBLE EDGED
SWORD.
ON ONE HAND IT IS GOOD FOR
THE ECONOMY AND IT IS GOOD FOR
PROPERTY OWNERS.
ON THE OTHER HAND, IT FURTHER
AND DANGEROUS WORKING FAMILIES
WHO WANT TO REMAIN HERE, RAISE
THEIR KIDS HERE BUT NEED A
HOUSE TO DO THAT.
Reporter: THAT IS WHY SIERRA
IS PUSHING FOR HOUSING
LEGISLATION THAT WILL ALLOW
SEASONAL COMMUNITIES TO LOWER
THE BURDEN OF PROPERTY TAXES ON
YEAR-ROUND RENTALS AND LOW
INCOME HOUSEHOLDS AND DRIVE UP
ACCESS TO RENTAL UNITS.
IT IS REALLY IMPORTANT THAT
WE KEEP THE CURRENT RENTALS
THAT WE HAVE, THE CURRENT
AFFORDABLE RENTALS WE HAVE HERE
WE HAVE GOT TO BE REALLY
FOCUSED ON MAKING SURE THAT
