Cities Must Take the Lead on Improving Housing Supply and Costs
“Utah faces a looming housing crisis. We see more new families formed each year than homes built to house them, creating the current housing gap of 50,000 more family units than home units in the state of Utah.
“The Kem C. Gardner Institute indicates that the average home price in Utah will be $730,000 in just 24 years if we maintain our current trajectory. Simply put, we need to build more houses to increase supply while also reducing onerous regulations to stop prices from spiraling out of control. It is up to those who regulate the bulk of our housing marketing, the cities and counties, to address this issue head on…”
Read the rest of the article here: https://www.sltrib.com/opinion/commentary/2021/02/01/trent-staggs-cities-must/