What’s driving Utah’s housing crisis? It’s not what you think, says economist.

Low wages are the real culprit, he says, even as lawmakers prepare to spend millions to construct more affordable homes.

(Francisco Kjolseth | Tribune file photo) A home for sale in Salt Lake City on Tuesday, April 27, 2021. With Utah poised to spend millions on affordable housing, a top analyst says stagnating incomes are more of a driver in the state's current crisis than a lack of housing.

What’s driving Utah’s housing crisis? It’s not what you think, says economist.

Low wages are the real culprit, he says, even as lawmakers prepare to spend millions to construct more affordable homes.

RELATED STORIES

Why does lumber to build new homes in Utah cost $35K more than a year ago? Blame the coronavirus.

What may move in when Draper prison moves out? How about a central park and housing — lots of it?

How tight is Utah’s housing market? Some buyers offer $100K over asking.

Will more basement apartments help ease Utah’s housing crisis? Lawmakers think so.

Utah lawmaker sees a way to boost housing: Make mother-in-law apartments easier to build

There are ways Utah cities can boost affordable housing. But some residents may not like them.

So you’re ready to go house hunting? Here’s your guide (hint: It won’t be easy).

Sponsored Story

I do… plan to change my tax filing status