How to fix the West's emerging housing crisis | Surveying th

How to fix the West's emerging housing crisis | Surveying the Views


One hundred thirty thousand dollars. That’s what it takes for a down payment to buy an average-priced home in Bozeman, Montana. Then an aspiring homeowner must fork out another $3,000 each month, which is more than two-thirds of their household’s paychecks if they make the median income for the metro area. 
That’s because the average home in the greater Bozeman area is going for more than $650,000, up from an already astronomical $500,000 in early 2020. A couple of tenured professors at the local Montana State University might be able to swing that, but it is way out of reach for the rest of the faculty. 

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