Jay Evensen
  • Front Page
  • Opinions
  • Second Thoughts
  • Portfolio
  • Awards
  • About

Utah is still on the road to becoming San Francisco

12/15/2020

0 Comments

 
This isn’t the first time I’ve written about the need to keep the Wasatch Front from turning into San Francisco. 
It’s not that I have anything against cable cars, picturesque piers or the ‘49ers. We’ll never get those things in Northern Utah, anyway. It’s the home prices. You don’t have to listen too hard to hear the clang, clang of them chugging relentlessly uphill.
But, to beat the cable car metaphor to death, we’re not keeping up with all the people who want to get onboard. The result of this could be disastrous.
I have a son who lives in the Bay Area. He tells me about friends who are taking advantage of pandemic work-from-home rules to move away. Anecdotally, the most sought after commodity there is a moving van. Often, the nearest available one for rent is in Reno, and it isn’t cheap.
But while anyone living in the Bay Area still would consider the Wasatch Front a far cheaper alternative, most of the rest of the nation is a far better bargain. Regardless of how Utah cities are trying to address the problem, the housing market here keeps climbing.
For the record, as 2020 comes to a close, Salt Lake County homes still cost about $1 million less than those in San Francisco. Zillow reports a median-priced San Francisco home costs $1,403,197. In Salt Lake County it’s $425,122. 
But here’s an important difference: In San Francisco, that price dropped in 2020, although by a scant 0.3%. In Salt Lake County it rose by 10%, and Zillow predicts another 8.4% in 2021. 
I should note that last year Zillow missed badly by predicting only a modest 4.2% rise in 2020. But it was natural to think things would slow down after prices rose 11.1% in 2019.
By now it should be clear. Neither pandemic, nor drought nor 5.7 earthquake will keep Utah from growing. But we’re not building fast enough to accommodate everyone.
A new research study by the Kem C. Gardner Policy Institute and the Salt Lake Chamber puts this in perspective. Over the last 11 years, Utah households have increased by 220,720, while dwelling units, or places to live, have increased by only 185,334. You don’t have to be a math major to calculate that is a deficit of 35,386, or 16% less than what is needed.
When supply falls below demand, prices go up. Rents are rising by 5% to 7% across the Wasatch Front, despite what the study says is record apartment construction.
But the most important question is, where are those 35,386 families sleeping? The answers probably vary. Some may be doubling up with family or friends. Some may be homeless. Many are likely living in basement apartments or other units that never got approval from any city planning department. Where demand exists, markets find a way. But those ways aren’t always best for renters,
A year ago, I quoted two experts at the American Enterprise Institute who said local governments should abolish single family zoning and instead allow more “light touch density” housing, defined as buildings housing two to four families each. The Gardner Policy Institute study mentions zoning as a solution, too, advocating for more high-density housing and allowing more basement apartments.
Some cities, such as Minneapolis, have abolished single-family zones all together and are letting apartments go up even in single-family subdivisions. That’s a more radical solution whose main value may be to increase attendance at City Council meetings.
As the Gardnew study notes, zoning laws didn’t exist until Los Angeles first adopted them in 1908. Utah came along in 1925. Given the current libertarian streak that exists in much of the West, I’ve wondered whether today’s politicians would have had the guts to establish them if those people hadn’t already done so. 
Of course, zoning laws do good things, such as keeping bars from popping up next to high schools or strip clubs from building next to a church. 
Unfortunately, if they’re too restrictive, they can put the Wasatch Front on a path to becoming an inland San Francisco. The study says limited housing choices harm children, affecting “their schools, social environment, health, and long-term economic opportunities.”
Zoning isn’t the only way to slow down this cable car. But it’s a big one. Given what’s at stake, Utah’s cities should use it, and anything else they can find, to keep a booming economy from turning into a housing nightmare.
0 Comments

Your comment will be posted after it is approved.


Leave a Reply.

    RSS Feed

    Search this site


    Like what you read here?

      Please subscribe below, and we'll let you know when there is a new opinion.

    Enter your email address:

    Delivered by FeedBurner

    Picture

    The author

    Jay Evensen is the Senior Editorial Columnist of the Deseret News. He has nearly 40 years experience as a reporter, editor and editorial writer in Oklahoma, New York City, Las Vegas and Salt Lake City. He also has been an adjunct journalism professor at Brigham Young and Weber State universities.

    Archives

    June 2021
    May 2021
    April 2021
    March 2021
    February 2021
    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    November 2019
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017
    October 2017
    September 2017
    August 2017
    July 2017
    June 2017
    May 2017
    April 2017
    March 2017
    February 2017
    January 2017
    December 2016
    November 2016
    October 2016
    September 2016
    August 2016
    July 2016
    June 2016
    May 2016
    April 2016
    March 2016
    February 2016
    January 2016
    December 2015
    November 2015
    October 2015
    September 2015
    August 2015
    July 2015
    June 2015
    May 2015
    April 2015
    March 2015
    February 2015
    January 2015
    December 2014
    November 2014
    October 2014
    September 2014
    August 2014
    July 2014
    June 2014
    May 2014
    April 2014
    March 2014
    February 2014
    January 2014
    December 2013
    November 2013
    October 2013
    September 2013
    August 2013
    July 2013
    June 2013
    May 2013
    April 2013
    March 2013
    February 2013
    January 2013
    December 2012
    November 2012
    October 2012
    September 2012
    August 2012
    July 2012
    June 2012

    Categories

    All
    Campaign 2012
    Congress
    Crime
    Culture
    Iran
    Oil And Gas
    Poverty
    Steroids
    Taxes
    Utah
    Washington
    World Events
    World Events

    Links

    Deseret News
    Newslink
    Marianne Evensen's blog

Powered by Create your own unique website with customizable templates.