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For 33 months now, Phoenix, Arizona, has led the nation in home price increases. Unfortunately for locals, wages in the area have not been on the same high-speed elevator, growing only 5.3% in 2021.
About one-quarter of U.S. adults over age 50 say they expect to never retire and 70% are concerned about prices rising faster than their income, an AARP survey finds. About 1 in 4 have no ...
The Great Depression affected Phoenix, but the effects were not as deep or long-lasting as they were in much of the rest of the country. Phoenix had a very diverse economy, and was not heavily vested in the manufacturing sector. [12] While the stock market crash did not affect the city very much directly, the suppression of the national economy ...
Arizona will not approve new housing construction on the fast-growing edges of metro Phoenix that rely on groundwater thanks to years of overuse and a multi-decade drought that is sapping its ...
Phoenix (/ ˈ f iː n ɪ k s / ⓘ FEE-niks [8] [9]) is the capital and most populous city of the U.S. state of Arizona, with 1,662,607 residents as of 2024.It is the fifth-most populous city in the United States and the most populous state capital in the country.
Within 20 years, many countries in those regions will face a situation of the largest population cohort being those over 65 and the average age approaching 50. In 2100, according to research led by the University of Washington, 2.4 billion people will be over the age of 65, compared with 1.7 billion under the age of 20. [ 19 ]
The population of the Phoenix metropolitan area increased by 45.3% from 1990 through 2000, compared to the overall U.S. rate of 13.2%, helping make Arizona the second-fastest growing state in the nation in the 1990s behind Nevada. [6]
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