The answer to more Affordable housing…. Move out of Utah.

Close the border might be helpful

Is there information on HOW our support will do these things? The “Drink the Kool-Aid” approach doesn’t cut it for me.

By affordable housing, do you mean more apartments, townhomes, and condos to rent, or do you mean actual houses to buy? And what do you consider affordable housing? Because it’s different for everyone, and what kind of work they do.

All it does is bring down everyone's values

We need affordable decent housing. Wages also must increase, and we need an easy way for people to qualify for loans.

What's affordable? More apartments? We have more than enough of that here.

I think those that can't afford houses might consider a more affordable city as most property owners will want to get the going rate for their properties and I feel like you can not blame an owner for not wanting to take lower than fair market prices as most owners have high notes , upkeep , repairs etc. that they have to pay for before they make any profit

The crisis in housing in SLC is way too many apartments, and way too many in the pipeline coming in the future. More apartments don’t make housing affordable, they just create more people using the same amount of space and resources. Just put up a sign that says “Utah is at maximum occupancy capacity, stay out”. If it’s not “for sale”, don’t build it. Utah needs zero more apartments to be built for tenant occupancy.

Look around it'd out of control

Lol. Wall Street laughs.

Utah‘s housing situation has become so toxic . Particularly in corporate rental units. It needs to be reigned in completely and the members legislature need to get out of the construction and real estate businesses. OR RECUSE THEMSELVES when property laws are being debated and voted upon

We need no more people

How about a tax on empty properties? Like anything empty for over 3 months gets a big fee.... because I know more than a few places sit empty rather than lower prices.

Oh brilliant, drive down housing prices so no one can sell their house without taking a big hit. Yeah that will do wonders for the market.

AGREE SLC IS ON THE SAME PATH THAT MAJOR CALIFORNIA CITIES WERE 25 YEARS AGO AND IF SOMETHING IS NOT DONE TO CHANGE COURSE SLC WILL END UP LIKE CALIFORNIA A THIRD WORLD COUNTRY

The solution is to let the market crash and return to market equilibrium flushing all the speculator investors out of the market, and returning to homeowners. The Realtor's solution is more dense "affordable" housing that no one wants, who wants to raise a family in a 1,200 SF townhome?

Simple. Stop investor equity groups from buying up single family homes and single condos/ townhouses to the lease out at inflated prices. The always pay at least 30k to 100k over asking to get the property. Then the rest of us schlubbs are priced out due to an aggregated overinflation of values. I get the free market and all that... but something has to change in all this madness. California prices for Utah homes...crazy.

We're now overdeveloped in Salt Lake. Hopefully, rental prices will go down.

It should be noted that architects have over the past forty years redesigned American housing to make it more expensive. And the realtors have been perfectly happy to inflate the prices and pocket the profits.

Seems to me that realtor commissions have been a significant contributor to the rise in cost.

You can only add so many toothpicks to a hole before it's filled and it won't take any more That's how you talk is getting!

What most people really need is better paying jobs. In order to keep up with today’s economy. Home prices aren’t really the problem here. We had purchased our 1st home 8 years ago for $160K. Even for that price I thought it was too much money. Why, because I was only making $15 per hour. But we did it anyway. We didn’t want to rent. Now fast forward to 2023. Pretty much everything falls into same category. Job wages are $15-$22 for most people. Yes house prices for the most part doubled, from 8 years ago. But the wages didn’t! In my opinion I would say you’re barking at the wrong tree. We should really be concerned about pay rates and not housing costs. And I personally wouldn’t want my home value to go down, just because someone didn’t want to (take a chance) in buying a home 4,5,7 years ago because they thought it was too expensive or not affordable.

With all the work from home why can't we make apartments out of several floors on the office buildings