A New Concern
Updated May 2020
OUR NEIGHBORHOODS ARE BEING TRANSFORMED
Several residents expressed grave concern last year (2019) that our neighborhoods are being threatened by faceless corporations buying up homes for profit and transforming them into rental housing. The cumulative impact on our community of multitudes of homes being converted into residential homes for rent and limiting home ownership opportunities is unknown.
One of the few positive outcomes of the COVID-19 has been the slow down in housing transactions that threatened to rapidly transform our neighborhoods. However as we slowly return to normal, the radical transformation of our neighborhoods could be made permanent. We need to carefully study how we want our community to look like and how our future neighborhoods will develop instead of allowing outside investors through their corporations to control what our cities will become.
HOUSING COSTS CONTINUE TO SKYROCKET
"Utah saw the second highest increase in home prices in the nation last year (2018)," Utah Stories (October 8, 2019). Our state's "changing demographics, a strong job market, and a robust economy have contributed to the rising housing costs," according to James Wood, an Ivory-Boyer senior fellow at the Kem C. Gardner Policy Institute, Deseret News (January 17, 2020). Yet at the same time our strong job market is so strong that only two workers are available for every three jobs open in our State, The Salt Lake Tribune (January 14, 2020).
Perhaps it's time to recognize that Utah experienced an over-heated economic market contributing to housing over-development, excessive housing costs, congested traffic, and unacceptable pollution. With the Corona Virus economic recession, Utah now has time to carefully reassess how ravenous economic development has negatively impacted our housing prices and neighborhoods. It may be time for a state representative who cares about:
The Utah Legislature's obsession with the homeless population in the major business section of Salt Lake City has led to the neglect of family shelters in other communities according to a shelter employee interviewed last year (2019). Homelessness isn't just a problem confined to Salt Lake City and primarily to single men. There are many other families, single mothers who also deserve a decent place to live who reside outside of our Capitol City.
Instead of all the focus of our state legislators on improving the business environment for the luxury retail and commercial industry, perhaps it's now time to focus attention on the actual single mothers and families experiencing homelessness in ALL our communities.