Thank you Indy for covering this. The skyrocketing rent problem in Raleigh has been ignored by most of the media for far too long. I'm glad y'all are giving some attention to this issue.
My hope is that the incoming city council makes this issue a top priority in the coming years. They can't ignore it much longer.
If there's ever a reason to *NOT* vote for Woodhouse, this is it. :-P
Matthew, the optimist in me hopes that you are right!
Alas, the realist in me figures that---at best--the rent increases will simply stall for a couple of years.
Now, to your first comment, you are correct about low-income housing. But, as the article mentions regarding the so-called "Workforce housing", which is more like Lower-Middle class housing, then, downtown and surrounding areas have probably the *least* of any part of the city.
A family of four seeking a moderate little working class ranch house is not gonna have much hope---most of the ones that were here have been "updated" with luxury features and cost close to a quarter-million.
Thank you so much for this article.
I hope the Independent Weekly makes Housing Costs a TOP issue when choosing endorsements for the 2015 election! I feel it has always been a huge weakness for almost all the major candidates.
This is soooooo overdue! I hope the council gets on the ball here. One should not hafta be a millionaire to live near the city center. This is Raleigh, not NY.
I agree with Kay Crowder's assessment. If NCSU is capping undergrad growth, then housing for graduate students and young professional fresh out of school---and perhaps even university staff members---makes by far more sense.
I appreciate all he's done adding business to downtown, but on this note, I'm definitely of disagreement.
Noise is not the problem with downtown livability. It's price.
Lots of people want to live downtown. As another commenter wrote, it's ALIVE now. People put up with the noise and the ruckus---that's the point of living in a vibrant urban district!
However, property rates have risen and rents have skyrocketed out of control, higher and faster than most folks' income. I lived in downtown for years and never minded the noise or the ruckus...but recently I've had to move because my partner and I could simply not afford rent on hardly anything decent.
That's the problem with housing downtown---the lack of affordable options. The noise? Not even close. Much ado about nothing.
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