Hi this is Brian Zehnder, your current Utah state senator. You know sometimes there are good problems to have and sometimes there are just problems to have. And with the growth in Utah, over the next 30 years, it's going to be more and more difficult for people to find an affordable house. That's just the reality of what's happening with our great state, the secret has gotten out. Clark Ivory, the president and CEO of Utah's largest home builder does say housing affordability is the key to economic development. And so having a difficult time getting a house is probably not a surprise for many of you. Housing prices are now currently exceeding the growth in people's incomes, so it's becoming more and more difficult for people to find an affordable house. What are some of the solutions?
Some of the ideas come include a greater mix of housing types in neighborhoods, the use of accessory dwelling units in some homes, avoiding large-lot zoning, exercising restraint in impact and permit fee increases, and increasing the use of public transportation. One idea, and I love innovation, this comes from the University of Utah and they're coming up with a new initiative to address the housing affordability. It's called Design and Build Salt Lake.
Students are actually taking a plot of land, measuring about 20,000 square feet, and they're dividing it up into three lots and they're coming up with some design ideas to make it much more affordable and more cost efficient and more energy efficient. They'll be building three 1500 square foot single family residences on a vacant lot in West Salt Lake. "It's an important partnership that will encourage "the next generation of housing innovations," says Todd Reader.
They're taking small and odd-shaped lots from the city inventory and coming up with housing solutions, and that's not only going to improve the access to housing opportunities, but it will also advance design standards in the community. So there are some neat ideas that are coming our way. There are a lot of things to be thinking about. I'd love to hear your ideas on what should be done. So please send me an email or comment on this post today.
So thanks again for tuning in. This is Brian Zehnder. Have a wonderful day, take care, bye bye.