Dr. Elliot Eisenberg finds if the price of a new home increases by $1,000 then more than 2,000 households in Phoenix, Scottsdale, Mesa, Prescott, Flagstaff, Yuma, and Tucson will become priced out of purchasing a new home. At a time when housing prices are at a all time high, Mesa's $221 "Cultural Impact Fee" is a luxury many cannot afford.
