
Exchange: Large rent increases squeeze metro Phoenix tenants
According to the Federal Reserve, Metro Phoenix median household income climbed 22% during 2016 and 2021, but the area's rents climbed almost 80% between that time, per real estate brokerage Colliers.
According to the Federal Reserve, Metro Phoenix median household income climbed 22% during 2016 and 2021, but the area's rents climbed almost 80% between that time, per real estate brokerage Colliers.
In this story published March 19, 2022, in The Darien Times:
Valley rents are among the fastest growing in the nation, and wages aren’t growing that fast. We have a problem.
– Mark Stapp, executive director of the Master of Real Estate Development program and Fred E. Taylor Professor in Real Estate
Latest news
- Summer reads with real impact
Business school faculty and staff recommend seven books — from inspiring memoirs to the evolving…
- Student economists share fresh insights in short paper competition
This spring, ASU students competed for cash prizes and to earn a chance to present at the W. P…
- This business school is launching 4 new online degrees. It's part of a growing trend to serve working students
W. P.