2021-2023 Biennium Review: Home OwnershipSession review
The trend is people are leaving cities when they find jobs that allow them to work from home. Democrat-sponsored bills promote urban centric values while piling on social justice and environmental/climate change policies to the development of housing. There are problems the industry has identified that could have been corrected but were not. Permits are not processed in a timely fashion. There is a shortage of land supply within the urban growth areas. The State Building Code Council approves new provisions every three years without regard to how it effects the price of the home, easily adding tens of thousands of dollars every cycle. Multiple years of these policies gives us the results people see today — that the median house prices are typically higher than the average salary range of the people living in their communities can afford.