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Hard disagree. I live in Utah, grew up here, and there's an absolute population boom going on right now because of tech. It's one of the reasons our unemploymen
by shakezula 6y ago
Hard disagree. I live in Utah, grew up here, and there's an absolute population boom going on right now because of tech. It's one of the reasons our unemployment rate is so low. Tech has been good to the valley but it's not without its trade-offs. Houses in West Valley that only a few years ago would have sold for $120k-$150k are closing for to $300k+.
- ed25519FUUU 6y agoHopefully the state can get ahead of this problem and prevent the same issues we’ve seen in Silicon Valley. Housing is largely a red tape/nimby issue and not a real estate issue.
- mrkstu 6y agoThe main problem is most of the livable land is concentrated in the ‘wasatch front’ mountain range, and the valleys running north south along it. This keeps the available developable land within drivable distance permanently constrained.
- shakezula 6y agoWe don't have much red tape but we definitely get a lot of nimbyism from the LDS church and its members. They have a stranglehold on our state that most people don't understand. I hope we're able to keep rents from ballooning, but I'm not optimistic.