Housing Prices in Salt Lake Baffle even Mayoral Hopefuls

None by Duncan Moench

Candidates as confused as residents by housing trends

Since the last Mayoral election, Salt Lake City has gone from one of the more affordable places in America to one of the most expensive. Utah real estate has had the highest rate of appreciation in the nation, but economists say incomes and prices are out of balance.

 

Reporter Duncan Moench talks with Salt Lake's mayoral hopefuls about affordability in a time where the term "housing bubble" is on the tip of everyone's tongue.

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