The Phoenix skyline behind a neighborhood

Phoenix. The Valley of the Sun. A sprawling metropolis rising from the Sonoran Desert, known for its year-round sunshine, breathtaking landscapes, and… exorbitant cost of living? That last part might have you scratching your head, especially if you've been following the recent wave of articles and social media posts lamenting the rising costs in Phoenix.

Yes, it's true that Phoenix, like many cities across the US, has experienced an uptick in housing costs and other expenses. However, the narrative that Phoenix is somehow exceptionally expensive compared to other major metropolitan areas is a misconception, fueled by a narrow perspective and a lack of context.

Phoenix? Oh, it's gotten so expensive there!" Sound familiar? It's a phrase uttered by…

192 Views, 0 Comments

Read Full Post

wild party in an STR Paradise Valley home

Imagine owning a multi-million dollar Paradise Valley home (which is the highest-priced town in all of Arizona) and dealing with the noise, litter, and other inconveniences of short-term rental tenants at a nearby house. Paradise Valley, AZ, has attempted to create its own rules governing short-term rentals but has been hit with fines because its rules were going against the state of Arizona's short-term rental (STR) laws.

Why would the state allow such disruptive rental practices? Arizona is truly a destination state, and the state and towns earn revenue from STRs. These owners usually have to pay a permit fee and can be fined, plus they have to pay taxes on the Paradise Valley homes and income. 

I was surprised to hear about a commotion that…

362 Views, 0 Comments

Read Full Post