{"id":170870,"date":"2025-08-24T04:43:14","date_gmt":"2025-08-24T04:43:14","guid":{"rendered":"https:\/\/www.europesays.com\/us\/170870\/"},"modified":"2025-08-24T04:43:14","modified_gmt":"2025-08-24T04:43:14","slug":"although-construction-increased-more-people-feeling-priced-out-of-housing","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/170870\/","title":{"rendered":"Although construction increased, more people feeling priced out of housing"},"content":{"rendered":"

PHOENIX \u2014 After historically staying below the national average, researchers now say Arizona\u2019s cost of living has finally surpassed national numbers, driven largely by the increasing cost burden of housing.<\/p>\n

This month, The Arizona Research Center for Housing and Economic Solutions (ARCHES), released its annual\u00a0State of Housing in Arizona Report\u00a0<\/a>which took a closer look into the barriers for affordable housing, the impacts of increased costs on people and housing solutions posed locally.<\/p>\n

\u201cIt\u2019s kind of a first for Arizona because we\u2019re known to be such an affordable state,\u201d said Alison Cook-Davis, Research Director at the ASU Morrison Institute for Public Policy.<\/p>\n

The report found that while roughly 22% of homeowners are \u201ccost-burdened,” meaning they pay more than 30% of their income to housing, a majority, 54%, of renters statewide are currently cost-burdened.<\/p>\n

\u201cI think that is significant because we\u2019re also seeing other trends that track with this increased cost,\u201d Cook-Davis said.<\/p>\n

Those other trends include record eviction and homelessness rates in 2024.<\/p>\n

The data also highlighted how wages continue to lag behind housing costs in the top five biggest occupational groups; office work, sales, food service, transportation and management.<\/p>\n

The median incomes for four out of the five categories were not enough for a single person to afford a one or two bedroom apartment at the current market rate.<\/p>\n

\u201cWhat this is just showing us is the dire need, especially for housing at the median income levels,\u201d Cook-Davis said.<\/p>\n

Cook-Davis said there is hope, as housing construction bloomed, hitting a record, in 2023 and many large municipalities have devoted millions of dollars into affordable housing developments in recent years.<\/p>\n

\u201cEveryone is trying to sort of use the best information they have to address it in their own communities,\u201d Cook-Davis said.<\/p>\n

<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"PHOENIX \u2014 After historically staying below the national average, researchers now say Arizona\u2019s cost of living has finally…\n","protected":false},"author":3,"featured_media":170871,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5131],"tags":[5229,5643,1587,1589,67,586,132,5230,68,2969],"class_list":{"0":"post-170870","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-phoenix","8":"tag-america","9":"tag-arizona","10":"tag-az","11":"tag-phoenix","12":"tag-united-states","13":"tag-united-states-of-america","14":"tag-unitedstates","15":"tag-unitedstatesofamerica","16":"tag-us","17":"tag-usa"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115081917453150188","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/170870","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=170870"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/170870\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/170871"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=170870"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=170870"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=170870"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}