Wednesday, November 28, 2007

Affordable Housing in Utah

by Sara McCormick, MPA and Tricia Jack, MPA, CPPA Research Associates

Home ownership is becoming increasingly difficult for Utah families. While the median income for Utah is almost $58,000, to purchase an average priced home (currently over $245,000 excluding Park City), a Utah family must make almost $80,000 per year. In his remarks at the Utah Intergovernmental Roundtable recently, Governor Huntsman said three years ago no one mentioned housing, but now everywhere he goes, people are sharing their concerns. The concerns even extend to areas that most would not expect.
[FULL STORY]

No comments: