Housing affordability is key to Arizona’s economic future

By inBusiness PHX

Arizonans have made housing affordability one of their top priorities, and the economic case for action is clear. According to new analysis from Unlocking Potential: Turn Arizona’s Priorities into Economic Gains, a report released by Center for the Future of Arizona (CFA), tackling the state’s housing affordability crisis could unlock billions, support jobs, reduce strain on social services, and strengthen the foundations of household stability, workforce participation, and long-term growth.

Conducted by Rounds Consulting Group, the study findings highlight housing as essential economic infrastructure, just as critical to Arizona’s long-term economic potential as its roads, schools, and energy systems. The analysis looks at rising costs alongside challenges — from workforce shortages to reduced consumer spending and greater reliance on public assistance — and points to the shared public will for change.

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