A deep dive analysis on Reno-Sparks’ housing crisis

Check out today’s Reno Gazette Journal’s piece on Reno-Sparks’ affordable housing crisis. This deep-dive analysis is worth the read: Reno-Sparks has an affordable housing crisis. So why aren’t developers building more houses?

From the RGJ piece above:

Incomes, meanwhile, have not kept pace with the skyrocketing cost of housing. Between 2012 and 2017, wages for households in the Reno metro area grew by 25%, according to data from the Census Bureau American Community Survey. During that same period, the median price for existing single-family homes jumped by nearly 140%.

Do have an idea that would address the affordable housing crisis? Would love to hear your thoughts in the comments below.

Avatar

About Guy Johnson

I am a licensed Nevada REALTOR® (lic.# S.0075262.LLC) living and working in fabulous Reno, Nevada. I cover Reno, Sparks, Incline Village, Carson City, and beyond. Give me a call at 775-722-4011 and I will be happy to assist you with your real estate needs. I'm your Guy!
This entry was posted in Builders, Developers, Developments, Downtown Reno, Market Trends, Neighborhoods, Reno, Sparks. Bookmark the permalink.

Leave a Reply