Starter Homes Act got vetoed, so where does that leave Arizona's housing crisis?
Gov. Hobbs vetoes bipartisan affordable housing bill, so where can first time buyers find hope? One real estate expert says it's complicated.
The Gaggle: An Arizona politics podcast · The Arizona Republic and azcentral.com
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Show Notes
In her second year, Gov. Katie Hobbs has used her veto stamp much less than her first year.
By this time last year, the Democratic governor had denied a record-breaking 63 bills presented by the GOP-dominated Legislature. This year, Hobbs is at 42 vetoes.
Her second red stamp came across House Bill 2570, or the Arizona Starter Homes Act. Introduced by Rep. Leo Biasiucci, R-Lake Havasu City, it was intended to make homebuilding more efficient and thus more affordable.
But Hobbs said the bill couldn’t guarantee affordable home prices. She argued it went too far because it cut much of the local control cities have over development.
This week on The Gaggle, a politics podcast by The Arizona Republic and azcentral.com, host Mary Jo Pitzl is joined by housing expert Mark Stapp, the Fred E Taylor professor of real estate at the W.P. Carey School of Business at Arizona State University. He says the solution is more complicated than it seems.
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