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Updated over 3 years ago,

User Stats

26
Posts
4
Votes
George Cocokios
  • Investor
  • Goodyear, AZ
4
Votes |
26
Posts

Phoenix rent prices skyrocket

George Cocokios
  • Investor
  • Goodyear, AZ
Posted

I just read rents are up double digit YOY in Phoenix. Does anyone out there have any insight on what is driving these crazy rent increases? Is it supply and demand, rising housing prices, housing shortage or all the above or something else?  Is this sustainable? I’ve never seen rents climb so quickly so appreciate any insight people many have.

Thank you

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