Demand for housing continues to grow with the state’s healthy economy and high birthrate. At the same time, homebuilding costs are also being pushed up by a variety of factors, such as escalating prices for key building materials like lumber and steel, construction labor shortages and dwindling supplies of undeveloped land in more populated areas.
Combined, these trends — and the possibility they could begin to slow Utah’s economic growth — have recently put affordable housing near the top of many political agendas, capturing the attention of homebuilders, business leaders, City Halls across the state and policymakers on Utah’s Capitol Hill.
And regular Utahns are increasingly worried about the issue as well, according to an October 2018 poll by the nonprofit Utah Foundation.
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