{"id":73403,"date":"2025-02-07T09:54:18","date_gmt":"2025-02-07T09:54:18","guid":{"rendered":"https:\/\/peraltafinancing.com\/accounting\/whats-happening-in-scottsdale-is-a-perfect-example-of-why-we-have-a-housing-crisis\/"},"modified":"2025-02-07T09:54:18","modified_gmt":"2025-02-07T09:54:18","slug":"whats-happening-in-scottsdale-is-a-perfect-example-of-why-we-have-a-housing-crisis","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=73403","title":{"rendered":"What’s happening in Scottsdale is a perfect example of why we have a housing crisis"},"content":{"rendered":"


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Here’s a perfect example of why we have a housing crisis: <\/p>\n

A company plans to build 1,895 housing units near their new headquarters here in Scottsdale, which will create 5,500 jobs. <\/p>\n

Local NIMBYs gathered just 26,000 signatures to block it<\/a>, and now the company might leave Arizona entirely.<\/p>\n

This is Axon (maker of Tasers and body cams). They proposed a $1.3B campus with housing, offices, retail, and restaurants. <\/p>\n

The City Council approved it 5-2. But opponents say apartments would “change Scottsdale’s character” and create traffic. <\/p>\n

Classic NIMBY arguments.<\/p>\n

The referendum means the project is stalled until 2026(!). Axon’s CEO is now considering Texas and Florida instead. <\/p>\n

So we might lose: <\/p>\n

This is because some people worry that the \u201ccharacter of the community\u201d will change for the worse because of the addition of apartments.<\/p>\n<\/div>\n