Rents could hike another 20% as Valley deals with housing crunch

With incomes not increasing at the same rate as rent, tenants are in a difficult situation. An ASU real estate expert says they have to make tradeoffs.

With incomes not increasing at the same rate as rent, tenants are in a difficult situation. An ASU real estate expert says they have to make tradeoffs.

In this story aired March 18, 2022, on Arizona's Family:

You are either able to pay it, but now you’re trading off other things in your life and the worst-case scenarios you’re trading off for instance medical care, or prescriptions.

– Mark Stapp, executive director of the Master of Real Estate Development program and Fred E. Taylor Professor in Real Estate