Wall Street-backed companies are buying thousands of single-family homes and turning them into rentals across the Charlotte region. Local officials are worried about the effects on affordability, home ownership and equity — but there isn’t much they can do to directly stop the trend.
That’s what Mecklenburg County commissioners heard this week from county staff and a panel of local...Read more
In 2020, Lookout Housing Ventures proposed a redevelopment plan for Brookhill Village, a 36-acre naturally occurring affordable housing development near the intersection of Remount Road and South Boulevard. Although the proposed development has not moved forward, the approximately 120 households of Brookhill Village may be at risk of displacement if Brookhill Village were to be redeveloped...Read more
Mecklenburg County Community Support Services releases today the 2021 State of Housing Instability & Homelessness (SoHIH) Report. The SoHIH report is part of the annual...Read more
With the number of people experiencing homelessness in Charlotte and Mecklenburg County rising dramatically in the past year, local governments, nonprofit organizations and businesses are gearing up to implement a new plan over the next few years.
A major goal of the 2025 Charlotte-Mecklenburg...Read more
Decades of housing policy, from redlining to legal segregation to "urban renewal," have left Charlotte a deeply unequal city, contributing to a large racial wealth gap and vastly different rates of homeownership between residents of different races.
On Aug. 24, UNC Charlotte Urban Institute researcher Angelique Gaines and assistant director Ely Portillo joined local experts for a...Read more
Buying a house in the Charlotte region has, in many ways, never been more challenging. Buyers face a dizzying array of obstacles: A historic supply crunch, skyrocketing prices and homes that sell faster and faster each month.
The reasons are numerous. Housing supply never fully recovered after the 2008 economic crash and Great Recession drove homebuilders out of business; pandemic-...Read more
As Charlotte grows rapidly, concerns about gentrification and displacement have become key issues for city government to address. Tracking gentrification and displacement can be challenging, as this process of neighborhood change is slow and takes many forms across space and time. However, when analyzed with viable data sources, areas that are potentially vulnerable to gentrification and...Read more
When it comes to growth, Charlotte continues to add not just people, but land.
Unlike many other large cities landlocked by either political borders, rivers or oceans, Charlotte is still surrounded by thousands of acres of unincorporated land that can...Read more
For decades, the single-family home rental market was a small-scale industry, made up almost entirely of local landlords who rented out a few houses they bought as investment properties, or perhaps inherited, or held on to after relocating.
But the years since the Great Recession have witnessed a dramatic shift, as Wall Street-backed rental companies moved in to...Read more
For something that’s supposed to be a big-picture, high-level peek at the future, the Charlotte 2040 vision plan has gotten bogged down in the details since its debut last fall.
After months of tense City Council meetings, contested straw votes, community and industry groups pushing for and against the plan, and...Read more