Low wages, housing shortage puts financial burden on renters across Arizona
Arizona State University’s Morrison Institute for Public Policy studied six Arizona counties and pinpointed what they see as the problems underlying the housing crisis: Low wages, with a side of short-term housing and vacation homes. In all six counties, 40 percent of renters were cost-burdened, spending more than 30 percent of their income on rent, and affordability—especially for buying a home—was particularly dire for people of color. Focus group participants suggested solutions such as diversifying housing stock, building more affordable housing and increasing housing assistance to renters.
