Dominique Medina began worrying about the untenable housing situation in Phoenix around a year ago when his sister was evicted. Then, amid skyrocketing inflation and rent increases across Phoenix, in August he was given a 30-day notice to vacate the place he’d called home for five years.
In September, 6,685 eviction cases were filed in Maricopa County Justice Courts. That’s up from 6,574 the previous month and makes for the third month in a row that eviction filings in the county surpassed the numbers seen during the height of the 2008 housing crisis.
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Public Storage Inc. CEO Joe Russell will mark the self-storage REIT’s 50th anniversary by ringing the New York Stock Exchange opening bell today at 9:30 a.m.