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Is downtown Salt Lake City overbuilt with rental units?

Downtown Salt Lake City is seeing an unprecedented boom in apartment development, according to a new study released by the Kem C. Gardner Policy Institute. In 2010, after 100 years of development, the number of downtown rental units in Salt Lake City totaled 5,200. By 2020, that number is expected to double to 10,000 units and the downtown population will grow to an estimated [...]

2016-11-01T11:06:31-06:00November 1st, 2016|
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Rising Rents and Sluggish Incomes Squeeze Renters

Editor's note: Our Kem C. Gardner Policy Institute, with the mission to develop and share economic, demographic and public policy data and research that help individuals and the community make informed decisions, frequently investigates the housing market in Utah. Below is information about the increase in renters and rental pricing.  For some time, increases in rental rates have outpaced gains in renter’s income.  Rental rates [...]

2016-04-15T11:01:32-06:00April 15th, 2016|
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