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The Root of Nevada's Housing Problem
Housing affordability is one of Nevada's biggest challenges.
But according to Dr. Shawn McCoy, the conversation cannot stop at high rents, high prices, or frustrated renters and buyers.
To understand what is really happening, you have to look at supply.
In Southern Nevada, developable land is limited, land prices are high, construction costs remain elevated, and new housing is not always being built where affordability pressure is most severe. That creates a structural challenge for the entire housing market.
When supply is constrained, policy choices become even more important…
The skinny
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