This article is from local economist Elliott Pollack's website. It is a letter from Elliott Pollack dated August 8, 2007 to editor of The Economist Magazine in response to a negative article about Phoenix in the July 26th 2007 edition of The Economist
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Foreclosures soar on outskirts More people on Valley's fringe losing homes Home buyers have long flocked to metropolitan Phoenix's farthest flung suburbs to get the most house for their buck. In the housing market, it's known as "drive
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