Yes, job growth has been anemic in Phoenix. Okay, maybe consumers' optimistic spirits have dampened due to a slower economic recovery. And, alright, it may be another two years before the state recovers all the jobs lost in the recession. But, NGKF's Pete Bolton is still making a bold prediction for landlords: 2017-2018 will be a good year. Pete spoke at the Arizona Association for Economic Development meeting this month, here with AAED's Joyce Grossman, Elliott D. Pollack & Co's Jim Rounds, and Scottsdale's Danielle Casey. Pete's other predictions: Investors will continue to drive strong demand for Phoenix properties, and leasing will be a “gradual improvement year after year.”
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