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