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As rent continues to rise, Phoenix area small business owners express doubts and fears over the future

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As rent continues to rise, some small businesses in the Phoenix area say they are concerned about their future, and wonder if they would be able to survive.

With rising rent, some small businesses in the Phoenix area say they are concerned about their future. FOX 10's Steve Nielsen reports.is at four-decade highs, and that means many things are getting more expensive, including rent.

For five years, Heather Hathaway and her husband, Lafe, have been styling at their small business, Bonnie and Clyde Hair Salon. A shopping center at the corner of McKellips and Lindsay already has two vacant places. Due to rent increase, a woman workout center is closing next month. Next door, Vu Tran with Haught Nail Spa says the budget is getting tight for them as well.

 

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Not likely, every come to AZ to die. Especially small businesses.

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