By Eric Dietrich
Montana Free Press 

UM economists try to explain why housing prices are up across Montana

 

February 7, 2019

Eric Dietrich, Long Streets Project - Montana Free Press

A home for sale in Helena in January, 2019. Home prices have risen across the state in recent years, according to the Federal Housing Finance Agency.

HELENA - Housing costs have risen across Montana in recent decades, to the point where residents are feeling the pinch between wages and their rent or mortgage payments, say economists with the Montana Bureau of Business and Economic Research.

The unanswered question is: why?

"Housing the people is one of the most basic services, one of the most basic things we can expect our economy to provide," BBER Director Patrick Barkey told a crowd in Helena in a Jan. 29 presentation delivered as part of the bureau's 2019 Montana Economic Outlook Seminar tour.

"This is a daunting challenge, the challe...



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