By Sam Kmack | Arizona Republic
Scottsdale’s housing shortage may be far worse than city figures suggest, with thousands fewer units coming down the chute than was estimated and the city’s workforce being priced out of the market faster than anywhere else in the Valley, according to a recently released analysis.
The study from Elliott D. Pollack and Company — a local real estate and economic consulting firm — was presented at the Scottsdale City Council meeting on Wednesday. It was commissioned by a pro-development group called Home Arizona, and used estimated median salaries in the metro area to gauge affordability.
It shows that living in Scottsdale is impossible for the typical firefighter or teacher, for example, and that this is the only city in metro Phoenix where police officers are unable to afford anything larger than a one-bedroom apartment.
