When the population grows and homebuilding doesn’t keep pace with demand, housing prices go up. Housing becomes unaffordable for many residents, especially lower-income residents and those on fixed incomes. Over half of Salt Lake City’s renter households are rent burdened, spending more than one-third of their income on housing. When they are unable to keep up with rising rents or home prices, people are displaced: they move to a different neighborhood, a different city, or, tragically, to the street. Allowing more homes across the city, including in areas of high opportunity—wealthier neighborhoods with access to grocery stores, good schools, and parks—reduces the pressure on the housing market and on at-risk neighborhoods.