Candidates for municipal elections need to be aware of the rising rent crisis. Three strategies from Salt Lake City’s Anti-Displacement Plan can solve the problem.
Lennie Mosley, president of the Halyard Park Neighborhood Association, first moved to the area with her husband in 1980.
Back then, she said, few people wanted to live there. Now, the neighborhood s location within walking distance of Fiserv Forum and related projects has put its housing in high demand and led to a sharp rise in property taxes.
In recent decades, the adjacent Brewers Hill neighborhood experienced gentrification, with longtime residents pushed out as property values skyrocketed due to demand from wealthier buyers who moved in, resulting in higher tax bills for all.
Now Halyard Park residents worry the same factors have jumped across King Drive to their neighborhood.