Housing in Southern Nevada
Nevada Journal of Public Health
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Access to healthy and affordable housing is essential to public health. The purpose of this manuscript is to describe existing conditions surrounding housing in Southern Nevada. The housing market in Southern Nevada has been hit particularly hard with the recent economic downturn, with housing prices decreasing by 61.7% from the peak in 2007 to the lowest point in 2012. This has resulted in a record number of foreclosures, high rates of vacancy, and left nearly 60% of homeowners with negative equity. There are fewer owner occupied units in the region when compared to the national average. Median monthly rent prices are higher in Las Vegas than the national average and 53% of renters and 46% of home owners have a housing cost burden. The Southern Nevada Strong Housing task group used this data to develop a number of goals and strategies aimed at creating a healthy and sustainable community as part of the Southern Nevada Regional Plan for Sustainable Development (SNvRPSD); a single, integrated and consolidated plan that will promote and guide sustainable regional development in Southern Nevada over the next 20 years.
Housing in Southern Nevada.
Nevada Journal of Public Health, 11(1),