James Wood,Senior Fellow at the University of Utah's Kem C. Gardner Policy Institute recently wrote:
"Rent for a typical 2-bedroom apartment in SL County increased by $100 last year to $1,294.month. To afford such rent, an income of $51,000 would be required.
For 5 years, vacancy rates have been below 5%, leaving renters with few options if they cannot afford rent hikes.
In the last 5 years, rents have jumped by 41% in Ogden, 31% in Layton, 28% in Salt Lake City and 24% in Orem according to Utah Rent Report."
The Census Bureau says almost
20,000 Utahans are very or somewhat likely to lose their homes or face evictions in the next 3 months.
That is equivalent to all the people in Brigham City. This is a CRISIS!