Solutions for Utah's Housing Crisis

Rapid growth has pushed Utah's housing market to a breaking point, but that's not the only factor making real estate unaffordable. On this episode of Utah's favorite political podcast, host Jason Perry leads a discussion about what's causing the Utah's housing crisis. Plus, what policies and solutions are on the table to secure the state's housing future?

THE DEEPER DIVE:
• Utah is expected to add 2 million more residents over the next 40 years. That's on top of the 18.4% growth the state has seen over the past decade. How does this impact housing affordability? And how should the state respond?
• The median price of homes in Utah is 6X that of the median income. That's double the number economists recommend as a healthy balance. With the cost of homes continuing to outpace wage growth, what can be done to make Utah more affordable?
• The median age of a first-time home buyer is much higher now than the historical average. We explore what this means for young people and their ability to accumulate generational wealth.
• Are zoning policies throughout the state to blame for the housing shortage? Our experts discuss the various barriers to increasing supply, and how the state government may get involved.
• ️ Construction costs grew quickly during the COVID-19 pandemic and never really returned to pre-2020 levels. What further impact do tariffs and immigration policies have on the cost of building housing?

️ FEATURING:
• Steve Waldrip – Senior Advisor for Housing Strategy to Utah Gov. Spencer Cox
• Natalie Gochnour – Director of the Kem C. Gardner Policy Institute at the University of Utah
• Steven Bond – Founder of the Utah-based non-profit HomeOwnership4U.org

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