Phoenix's Housing And Technology Crisis

Phoenix is increasingly faced with the dilemma of qualitative or quantitative growth. Joel Kotkin thinks the city has taken the wrong path.

1 minute read

May 2, 2001, 8:00 AM PDT

By Chris Steins @planetizen


"For the last thirty years, Phoenix has been a city that has seen itself as ahead of the curve. Growing faster than any major metro area between 1970 and 1998, the city's elites saw themselves as building the logical successor to the high-cost California cities in the high-tech New Economy. Yet today, the Valley of the Sun is facing an economic and civic crisis that could erode its hold on the future and the long-term prosperity of its ever-expanding property market."

Thanks to ReisCast

Saturday, April 28, 2001 in REIS

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