Utah has jobs. It has population growth. It has new construction. And it continues to attract people who want the lifestyle, economy and opportunities the state has to offer. But Utah also has a serious problem: The overwhelming majority of its renters can’t afford to buy a typical home. A new housing report from the University of Utah’s Kem C. Gardner Policy Institute found that approximately 91% of Utah renters cannot afford the estimated payment required to purchase a median-priced…
MarketSalt Lake City
Utah’s Homeownership Problem: 91% of Renters Can’t Afford the Typical Home
Utah has jobs. It has population growth. It has new construction. And it continues to attract people who want the lifestyle, economy and opportunities the state has to offer. But Utah also has a serious problem: The overwhelming majority of its renters can’t afford to buy a typic
