The Macroeconomics of Housing: Stop Scapegoating Cities & Towns for the Housing Crisis – It’s the Economy St—-!

The housing affordability crisis in Arizona is the result of unusual economic contractions such as the COVID-19 recession followed by rapid inflation that caused labor and material costs to rise.

Arizona’s cities and towns did not cause these financial challenges, but they are helping to remedy the problems.

Developers must partner with local governments to fix housing affordability, instead of scapegoating them.

Source: https://azcapitoltimes.com/news/2025/02/27/the-macroeconomics-of-housing-stop-scapegoating-cities-towns-for-the-housing-crisis-its-the-economy-st/