> The other issue (and we're part of this problem) is that a lot of former rental houses are being put on the market, so locals are having quite a hard time finding a place to rent, and having to end up in places like Reno, which is roughly a 45-60 minute drive away.

This has been happening for years, at least around South Lake Tahoe, due to rentals being put up on AirBnB. I've talked to numerous locals over the years while on ski trips and they've all said the same thing: if they're renting it's usually in Nevada and they drive to town every day. During big storms a lot of folks can't even make it to work at all.