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DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
Wall Street-backed companies and hedge funds owning over 13,000 homes in Clark County are blamed for driving up property prices and causing rent hikes, leaving tenants vulnerable. The housing crisis in Phoenix, a battleground state, is causing economic anxiety due to a dire shortage of affordable housing. Residents struggle to find affordable homes in safe neighborhoods despite having good jobs, leading to frustration and economic challenges. The issue is exacerbated by investors buying properties and the ban on local Airbnb regulation.
Why isn't there any affordable housing in Las Vegas? Here's a big part of the answer https://t.co/Zkn56qNBZ5 #8NN
Why It’s So Expensive to Live in Phoenix Arizona is a presidential elect https://t.co/XJlukC4q2q https://t.co/XVC1JNbS6Z
Lengthy NY Times story on exorbitant home values and rents in Phoenix doesn't even touch on the main reason why housing in the Phoenix valley has become unaffordable: "investors" buying up properties, AirB&B and the state's preemption law banning local AirB&B regulation. https://t.co/QIHVXnaVjj
