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“What we’re starting to see is that affordable housing can no longer be ignored,” says Megan Lawson of Headwaters Economics.
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Real estate prices have reached new heights in many of our region's ski towns. In Jackson Hole, Wyoming, buyers spent a record $2 billion in the first nine months of 2021. Meanwhile, the number of homes on the market is at an all-time low. That's pricing out many long-time residents. The Mountain West News Bureau's Maggie Mullen reports.
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In Laramie, the city council is exploring rental regulations. The idea has floated around for years in a town where at least half the population rents their home. Wyoming Public Radio's Jeff Victor reports the idea has more support than ever before.
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A legislative committee is backing a real estate transfer tax for the first time.
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Jackson Hole is in a unique position in Wyoming. While it's a cornerstone of the state's economy, it's often considered separate from the equality state. Energy and natural resources reporter Cooper McKim recently visited the western Wyoming town to gauge how locals felt about the state and the area's future. He spoke with news director Bob Beck about the visit.
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A new report shows that rental prices are cooling off for the first time in several months. Apartment List, which is a national rental marketplace, found that rental prices have started to stagnate, or in some cases, even drop. That’s normal for the fall months, but especially welcome in a year that’s had unprecedented increases in rents across the Mountain West.
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The pandemic has not only led to crowded hospitals but it's also impacted housing. The exploding housing market in Jackson and other communities is leading Teton County advocates to once again push for a real estate transfer tax. Wyoming Public Radio's Kamila Kudelska has more.
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Short-term rentals are great for tourists looking for alternative lodging options, but they're also contributing to housing shortages and sky-high real estate prices.
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The idea of selling public lands is sacrilegious in much of the West. In Southern Nevada, the affordable housing crisis may be an extenuating circumstance.
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A Pew Research analysis of census data shows that growth in U.S. households during the last decade slowed to its lowest pace in history.