South Scottsdale Rent Escalation: Press Release Journalism

A couple of days ago a local media outlet put out a ‘story’ entitled, “Rents are jumping in downtown Phoenix, Tempe and Scottsdale as Valley becomes more urban.” A closer reading of the text reveals that it’s nothing more than a regurgitated press release by a multi-family property broker who has a vested interest in […]

Continue Reading

David Wright House: Rich People Problems

There’s something irresistibly entertaining about listening to rich people complain. In successive headlines in the morning email from the Phoenix Business Journal today, Angela Gonzales (@PhxBizAGonzales) writes, “Apollo Group CFO resigns; interim replacement to make $80,000 a month,” and Mike Sunnucks (@PhxBizMike) pens, “Owners of Frank Lloyd Wright-designed house lobby Arcadia neighbors.” Connecting the dots […]

Continue Reading

More Millennial Muddling

Steve Goldstein (Twitter) hosted a conversation Tuesday on KJZZ’s Here and Now program with Ben Casselman about the “narrative”being advanced by “the media” (and developers) about the economic impact of the millennial generation, particularly their supposed preference for urban living. Casselman is the chief economics writer for Nate Silver’s Five ThirtyEight website (Twitter). You may […]

Continue Reading