Metro Phoenix renters need to earn $12 an hour to afford a decent place to live

Catherine Reagor | The Republic 

Metro Phoenix’s rapidly rising rents are putting the squeeze on many, even with the state’s higher minimum wage.

Just ask any Millennial trying to find a place they can afford to lease in central Phoenix, Scottsdale or Tempe.

Phoenix-area rents have jumped almost 15 percent during the past few years.

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