As Home Prices Soar, Utah Lawmakers Want To Help Low-Income Residents Pay Their Rent
A housing affordability crisis is sweeping cities across the U.S. And it’s not just San Francisco and New York.
A housing affordability crisis is sweeping cities across the U.S.
It’s not just San Francisco and New York — other urban areas, such as midsize cities in Utah, Montana and New Mexico, are also taking a hit.
The most salient issue in the current housing market is the lack of supply, says Chris Herbert, managing director of the Joint Center for Housing Studies at Harvard University.
After the recession, household growth and housing construction slowed. But in the past five years, he says, the rate at which people are looking for housing has dramatically increased. In the
