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by Marcus Liu - Business Editor
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Nevada’s housing crisis is reaching a boiling point. Home prices have skyrocketed, rents are soaring, and homelessness is on the rise. Reno Mayor Hillary Schieve believes cutting regulations on housing construction is the single best solution.

Schieve, a non-partisan mayor, has implemented a multi-pronged approach to address the issue. Her efforts include loosening zoning laws, reducing parking requirements, waiving fees, and streamlining permitting processes.

Greasing the Wheels for Housing

Nevada’s housing woes stem from several factors. After the 2008 financial crisis, the state’s tourism-dependent economy struggled, leading to a wave of foreclosures. However, recent years have seen a surge in demand fueled by remote work and an influx of residents from California.

Major companies like Amazon, Apple, and Tesla have established a presence in Nevada, attracting thousands of new residents. The pandemic further accelerated this trend, pushing demand for housing even higher. In Reno, the median price of a single-family home has surged over 40% since 2019.

Schieve acknowledges the positive impact of economic growth but emphasizes the urgency of addressing housing affordability. While Reno’s regulations on affordable housing construction are relatively lenient, Schieve argues that county and state regulations hinder progress.

She points to lengthy review processes imposed by the county health department, particularly for swimming pool construction, as a major obstacle. “Most developers are borrowing money,” she explains. “So time is money.”

Nevada’s Housing Issues Take Center Stage in the Presidential Election

Housing has become a key issue in the 2024 presidential election. President Joe Biden has visited Nevada multiple times to discuss housing solutions, and his administration has allocated federal funds to support the state’s efforts. Schieve praises Biden’s accessibility and responsiveness to Reno’s needs.

Former President Donald Trump’s campaign has also highlighted housing, focusing on proposals to deport immigrants to free up housing. Schieve dismisses this approach, stating, “We’ve got to be realistic about how we approach housing. That’s not going to solve anything.”

Both Trump and Vice President Kamala Harris appear to agree on opening federal land for additional homes. Nevada, with 85% federally owned land, presents a unique opportunity. Schieve supports density-focused urban revitalization over sprawling development.

“There’s still a lot of blight,” she emphasizes. “There’s still a lot of work for cities to build up and not out.”

Nevada’s housing crisis demands innovative solutions. Schieve’s approach, focusing on regulatory reform, federal funding, and smart urban planning, offers a potential path forward.

**Want to learn more about housing solutions in Nevada? Explore resources from reputable sources like the National Low Income Housing Coalition and HUD.gov. **

Let’s work together to address Nevada’s housing challenges.

Let’s work together to address Nevada’s housing challenges.

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