Squeezed Out: People struggle to buy houses, pay rent as rising prices outstrip incomes

By Catherine Reagor | Arizona Republic

The Phoenix area faces a growing gap between what people earn and what they pay for housing.

The Arizona Republic and azcentral.com are covering the issue in our 2019 series “Squeezed Out.”

Rents climbed at a near record pace in 2018, following several years of hefty increases. The result is nearly half of Phoenix-area renters are paying more than they can afford for housing.

When it comes to buying a home, the region has almost always been more affordable than the U.S. average. That is about to change as incomes have not kept pace with rising home prices.

READ ON:

Share this!

Additional Articles

Get Our Twice Weekly Newsletter!

* indicates required

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.

News Categories

Top 10 multifamily builders for 2022

By Ranking Arizona | AZ Big Media Here are the Top 10 multifamily builders in Arizona, based on public voting for the 2022 edition of Ranking Arizona, the state’s biggest and most comprehensive business

Read More »
April 2019
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
2930