Real estate in context: Low inventories, tight labor supply and the impact on recovery
Arizona real estate is often described as driving the economy, but is that true? Economist Dennis Hoffman and real estate experts Mark Stapp and Michael Orr discuss the role real estate has played in the cyclical Phoenix economy. Supply right now is low; in the past when supply was tight, builders could field crews quickly in response to demand, but policy changes mean that inexpensive labor will be in short supply too. If supply continues to be skimpy, will it affect overall recovery?
[podcast]
Latest news
- Bigger baskets or smaller margins? What scan-and-go really means for retailers
New research finds that in-store scanning apps drive more spending on big-ticket goods but cut…
- Leading the movement to fix fast fashion
As a college student, Jennifer Hyman founded a clothing rental service that reimagined how…
- U.S. Department of Labor warns shortages could drive up food prices
Labor shortages could lead to a 10% increase in food prices, explains a W. P.