Despite its booming economy, western Nevada is having difficulty filling jobs as housing affordability declines. In the Reno-Sparks area, jobs are plentiful but the average price of a single-family home is $400,000. Rents aren’t much better, at about $1,300 per month.

Mike Kazmierski of the Economic Development Authority of Northern Nevada said simply, “we’ve run out of people,” according to a story in the Nevada Appeal.

With high rents in the more urban areas, renters are heading to the rural parts of the state, where housing is more affordable but not plentiful. And not much new housing is expected either. Smaller communities don’t have the funds to construct infrastructure that is required to support new housing development.

To read more, go here: https://www.nevadaappeal.com/news/local/housing-shortage-keeps-workers-from-moving-to-northern-nevada-economic-forum-told/