This op-ed was originally published in the Standard-Examiner on December 14, 2023. Gov. Spencer Cox recently unveiled the “Utah First Homes” program, which has a goal of building 35,000 new starter homes by 2028. In a state with a housing shortage and skyrocketing prices, 35,000 homes hitting the market would be extremely welcome. Furthermore, an emphasis on starter homes is well-placed, as there is strong demand for homes that middle-class earners like police officers and firefighters can afford. However, before the first shovel can hit the dirt on the first starter home, a few key things must happen. Starter home needs to
Increased demand coupled with insufficient supply have made homes in Utah worth $250,000 in 2015 now cost $500,000 or more. At these inflated prices, the American dream of owning property and a home is on life support for too many of our children, employees, and neighbors. It doesn’t have to be this way. Attractive, affordable starter homes can exist if city councils, planning commissions, staff, and other stakeholders work together to pass the Small Lot and Cottage Court ordinances described in this policy brief. Luckily, these proposals do not require government subsidy, mandate small lots, or burden the taxpayers of