The zoning legislation introduced in Montana earlier this year aimed to address the issue of housing shortage in the state. While the intention behind the legislation was to increase the availability of housing and make it more affordable, some argue that reducing regulations alone may not directly translate into more places to live or lower home and rental prices.

Montana has become an expensive place to live, particularly for those who are not wealthy. Over the past five years, home values in the state have surged by 80% according to Alex Horowitz from Pew Charitable Trusts. This rapid increase in prices creates challenges for potential homebuyers, even if mortgage rates are relatively low. With wages not rising as quickly as home prices, first-time homeowners face a difficult situation in the current housing market.