After the Housing Boom: The Decline and Fall of Maricopa, AZ

by Benjamin Domenech on 12:40 am February 24, 2009

Housing boom inspires builders to make houses for scads of young people who couldn’t afford to live in Phoenix. Population multiplies from 1k to 37k, $250k homes lure young marrieds, and it turns out they couldn’t manage to pay back their loans. Now it’s a death trap, or a suicide rap. Take your pick.

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