Have any of these issues impacted you? Maybe you faced a major rent increase or an outrageous fee? Or maybe you're a landlord who made a change and saw success? We want to hear from you!
Priced out of affording a place to live. A new housing report from the Morrison Institute for Public Policy with Arizona State University finds the price of rent increased nearly 72% from 2010 to 2022. The report estimates minimum wage workers would need to work 86 hours per week, or have more than two full-time jobs, to afford a two-bedroom house.According to data from RentCafe, the average Phoenix rent sits at $1,522 although it can differ based on size and location.
Today, it's common to see institutional investors behind thousands or tens of thousands of units across the country.The group also talked to the FTC about junk fees. Fees are a big complaint the Let ABC15 Know team hears about from Arizona consumers.
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