Impact By State

Nevada

Overview

Nevada’s housing market is shaped by stark contrasts. Upper-income buyers and renters enjoy a stable market, while low supply exacerbates the affordability crisis for others in the state. The rapid population influx in the state’s two anchor cities of Las Vegas and Reno have led to skyrocketing demand, necessitating the construction of thousands of homes. Nevada continues to advance developer-friendly legislation to meet this need.

Nevada has seen a sharp population increase, with 21.5% growth since 2010.

432,300 Nevadans call an apartment home, with demand on the rise.

88% of low-income renters spend more than half of their income on housing.

Between now and 2030, Nevada will need to build 7,000 new apartment homes each year to keep up with demand.

Establish Preemption

Rent control negatively impacts any housing market. Establishing a clear preemption in Nevada law will ensure that local governments cannot establish the policy to the detriment of residents.

Pass Pro-Supply Legislation

It is important for lawmakers to pursue alternatives such as voucher-based rental assistance for those in greater need to better address housing affordability.

Housing Solutions Coalition Involvement

In Nevada, HSC has supported supply-side policies while dampening restrictions on housing providers.

In order to support Governor Joe Lombardo’s veto of AB 280, our co-chairs authored an op-ed on the dangers of rent control. The bill would have implemented temporary caps for certain groups of renters. Bolstered by our support, Governor Lombardo had extra backing to veto the bill.

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