Photo of a house.

Arizona home prices rose more than 500% in 40 years

An ASU real estate expert discusses housing affordability and shortages in Phoenix.

In this story published Dec. 9, 2024, on AXIOS Phoenix:

This was a long time in the making. It's very complex and it's going to take a long time to unwind.

Mark Stapp, Fred E. Taylor Professor in Real Estate, executive director of the Master of Real Estate Development program, and director of the Center for Real Estate Theory and Practice

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