Significant Statistics | Rents in Salt Lake area expensive from a national perspective, but not among Mountain State peers
Written by: Christopher Collard
Utah Foundation’s 2020 Utah Priorities Project found that housing affordability is a top issue to Utah voters. Previous Utah Foundation research indicated that housing affordability was of much greater concern among renters than homeowners. While the increasing cost of owning a home is potentially offset by record low interest rates, there is no such offset for renters. The U.S. Department of Housing and Urban Development uses a national survey to calculate the Fair Market Rent, … Continued