Video: Do interest rates play a part in the current high vacancy rate, affordable housing shortage?
Jan 17, 2025, 8:00 AM | Updated: 8:22 am
There’s no shortage of housing in the Valley. What there’s a shortage of is affordable housing. Most of the homes being built are for middle- and upper-class buyers, according to Phoenix Business Journal senior reporter Angela Gonzales. She joined Arizona’s Morning News to explain why it’s so hard to rent in the Valley.