ALL NEWS

Gov. Cox says housing problems in Utah are worsened by Airbnb, Vrbo

May 26, 2022, 8:13 AM

Utah airbnb rentals rising interest rates affecting millennial home buyers...

Eviction filings in Utah are on the rise. According to the Rental Housing Association of Utah, there has been a 46% increase in evictions in the first six months of this year compared to the same time in 2021.

SALT LAKE CITY —   The governor of Utah says rental housing offered by services like Airbnb and Vrbo is hurting the housing market in Utah.  

In a virtual chat with the Bipartisan Policy Center on Tuesday, Gov. Cox said the state has an estimated 20,000 homes that are considered short-term rentals, a number which the governor said is unprecedented.

“That’s housing stock that now isn’t being rented to families or available for purchase by first-time homeowners or others,” said Cox.  

He said nearly 20,000 properties are now listed as short-term rentals, basically taking houses and turning them into hotels.

The governor said the trend of turning homes into short-term rentals is worsening the state’s housing shortage, especially in smaller towns with affordable housing and in areas with tourism draws.

“Utah is a tourist state, and we are very proud of that, but especially in tiny, rural towns around our national parks, where traditionally the housing has been fairly affordable, school teachers who live within a hundred miles of the school they teach at cannot live there, because there are no homes for sale,” said Cox.

Cox said he is a strong proponent of private property rights, but that the state needs to figure out what to do about the spread of rentals designed to make money, but instead keep families out of affordable housing.

Related reading:

 

We want to hear from you.

Have a story idea or tip? Send it to the KSL NewsRadio team here.

All News

taylorsville police k-9 officers shown. A resolution recognizing this week as National Police Week ...

Josuee Sanchez

A resolution recognizing this week as National Police Week has passed

Utah Senator Mitt Romney supports a resolution to recognize this week as "National Police Week." In Sergeant Bill Hooser's remembrance and all officers that sacrificed their lives for their community.

2 hours ago

The 910 Cattle Ranch, a sprawling property in the western part of Summit County, will be purchased ...

Collin Leonard, KSL.com

Summit County to acquire largest open space in its history for $55 million

The 910 Cattle Ranch, a sprawling property in the western part of Summit County, will be purchased after grant funding is made available in 2025.

3 hours ago

In an act of brotherhood between nations New York City and Dublin Ireland each put a public art ins...

Jeff Caplan

Jeff Caplan’s Minute of News: The Portal is Closed

An experiment in Brotherhood between nations ends with a twerk.

4 hours ago

Weeks before Pride Month starts up, Spy Hop is celebrating love in all of its forms with Queer Prom...

Josuee Sanchez

Spy Hop hosting its second annual Queer Prom Friday

Weeks before Pride Month starts up, Spy Hop is celebrating love in all of its forms with Queer Prom. The event is free to attend.

5 hours ago

The estate of Eric Richins is suing Kouri Richins for at least $13 million.  The new lawsuit accus...

Devin Oldroyd

Kouri Richins defense team asks for prosecution to be dismissed

Kouri Richins' defense team is asking that the prosecution be dismissed, alleging that prosecutors violated her Sixth Amendment rights.

6 hours ago

A "For sale" sign in front of a home in North Salt Lake. Home listings for sale went up 23% in Apri...

Tammy Kikuchi

Home listings for sale in Utah went up almost 23% in April

Deanna Devey with the Utah Association of Realtors shared insights of new listings for homes, the total supply of homes and the number of closed sales all increased in April.

7 hours ago

Sponsored Articles

a doctor putting her hand on the chest of her patient...

Intermountain Health

Intermountain nurse-midwives launch new gynecology access clinic

An access clinic launched by Intermountain nurse-midwives provides women with comprehensive gynecology care.

Young couple hugging while a realtor in a suit hands them keys in a new home...

Utah Association of Realtors

Buying a home this spring? Avoid these 5 costly pitfalls

By avoiding these pitfalls when buying a home this spring, you can ensure your investment will be long-lasting and secure.

a person dressed up as a nordic viking in a dragon boat resembling the bear lake monster...

Bear Lake Convention and Visitors Bureau

The Legend of the Bear Lake Monster

The Bear Lake monster has captivated people in the region for centuries, with tales that range from the believable to the bizarre.

...

Live Nation Concerts

All the artists coming to Utah First Credit Union Amphitheatre (formerly USANA Amp) this summer

Summer concerts are more than just entertainment; they’re a celebration of life, love, and connection.

Mother and cute toddler child in a little fancy wooden cottage, reading a book, drinking tea and en...

Visit Bear Lake

How to find the best winter lodging in Bear Lake, Utah

Winter lodging in Bear Lake can be more limited than in the summer, but with some careful planning you can easily book your next winter trip.

Happy family in winter clothing at the ski resort, winter time, watching at mountains in front of t...

Visit Bear Lake

Ski more for less: Affordable ski resorts near Bear Lake, Utah

Plan your perfect ski getaway in Bear Lake this winter, with pristine slopes, affordable tickets, and breathtaking scenery.

Gov. Cox says housing problems in Utah are worsened by Airbnb, Vrbo