Housing & Our Community | Common Sense Institute Arizona

Arizona Public Safety Competitiveness Index

May 23, 2024

FULL REPORT Authors: Steven L. Byers Ph.D. and Zachary Milne Introduction Crime directly affects the lives of all Arizonans and, if left unchecked, can significantly hamper the growth of the local economy. For the free enterprise system to prosper and attract both...

Does Your Community Have Enough Homes? The Housing Crisis and How It Impacts Your Backyard

May 16, 2024

In numerous recurring reports, CSI Arizona has highlighted the state’s ongoing struggle with the rapid increase in housing costs since the pandemic. One of our central tools for monitoring the issue has been the housing surplus/shortfall measure.

Arizona Housing Competitiveness Index

Apr 25, 2024

Historically, Arizona – and its greater Phoenix metro area – has had a relatively affordable housing market. Recently, though, housing costs in the Phoenix area rose faster than any other major metro area in the country during the pandemic.

Housing Affordability in Arizona: Quarter 1 2024 Update

Mar 19, 2024

At 102.15 (-3.5% since October 2023), the homebuyers ‘Misery Index’ remains at all-high time highs – despite falling about 10% last year, the Index is being held aloft by persistently high prices. For context, the long-run average of the Index is set to zero, and it peaked at 54.05 prior to the Great Recession.

Homelessness Spending Tops $1 Billion in Arizona

Feb 27, 2024

PDF| SYNOPSIS Jim Kolbe Free Enterprise Fellowship Brandon Bloch is CSI Arizona’s Jim Kolbe Free Enterprise Junior Fellow. He graduated Summa Cum Laude with a B.A. in Political Science from Arizona State University. He has interned in a U.S. Congressional District...

Housing Affordability in Arizona: September 2023 Update

Oct 10, 2023

Conditions for Arizona’s home buyers are – arguably – more difficult today than they’ve ever been. Interest rates on a new 30-year mortgage loan are over 7%, which is higher than they’ve been since 2001.

Arizona Housing Affordability Update June 2023

Jun 23, 2023

Price declines during this cycle have been slower and smaller than we might have expected.

Zoning Reform and Arizona’s Housing Market

Apr 25, 2023

SB 1161, SB 1163, and HB 2536 would make various changes to Arizona’s home permitting and zoning regulatory environment, enabling developers and builders to increase the pace of home construction relative to current law.

Arizona Housing Affordability Update: February 2023

Feb 21, 2023

Ongoing rising interest rate pressures, a collapse in buyer interest, and lags in the construction and permit approval cycle will likely put continued downward pressure on prices over the next year.

Housing Innovation in Arizona: Opening the Door to Arizona’s Housing Future

Dec 7, 2022

Simply put, Arizona has a housing crisis and needs more housing. Resolving it will require more than just tinkering around the edges of public policy. Thoughtful, bold, and swift action is required.