I'm not sure where I stand on the ghost bikes, but publishing this has to be a low point for Indy.
I hate to sound like a Republican here, but no amount of tax and spend bureaucracy or gov't regulation is going to lower housing costs. Affordable housing requirements for developers increase housing costs. By the way, nobody looking for affordable housing wants a 99-year lease on a 640 sq ft condo on Franklin Street.
Chapel Hill's high housing prices (relative to surrounding areas) is completely attributable to the Chapel Hill-Carrboro Public School System. It is self selection. People who can and will pay more for good schools move to Chapel Hill. If you did a city-county schools merger, housing costs would come down. I'm not saying they should, but let's all recognize the cause before we start implementing solutions.
Make sure you're signed up so we can inbox you the latest.
Login to choose your subscriptions!
Indy Week • 201 W. Main St., Suite 101, Durham, NC 27701 • phone 919-286-1972 • fax 919-286-4274
RSS Feeds | Powered by Foundation