December 17: What we’re reading this week
Some articles we found interesting this week:
Record Rent Burdens Batter Low Income Life, according to the New York Times.
As RTP evolves into a mixed-use community, it may begin attracting a significant portion of new arrivals that would have otherwise been located in Raleigh. While certainly not imminent, it does add to the need for Raleigh to develop a vision for its future to ensure that it remains attractive to people relocating from across the Country.
Here is an article co-authored by RaleighForward Board of Advisor member Mitchell Silver titled “Strategic Investment in Parks can Spark Economic Vitality Downtown.” Here is a Bloomberg article discussing how tactical urbanism can help address the loneliness and isolation many experience in cities.
Homelessness increased by 12% to its highest level as rents soar and after the expiration of covid financial support.
This is a great summary of Montana’s bipartisan legislative reforms intended to address housing supply and affordability. Could the North Carolina General Assembly support this kind of bipartisan legislation?
Here is another article exploring how dominant the Low Income Housing Tax Credit program is in the affordable housing space, from Shelterforce.
Here is evidence that supply may be catching up with demand: Renters are starting to get concessions from landlords, via the Wall Street Journal.
The US Census has an interesting article exploring how poverty rates have changed between 2013 and 2022.
Given the recent report about RTP considering rezoning its campus to allow more diverse land uses, here’s an article about how a 1980’s car-dependent suburban edge city reinvented itself.
From CityLab: The Other Housing Crisis.
This Boston Globe article looks at how New Hampshire’s use of transferable development rights has spurred innovative housing opportunities.
Long Reads:
We came across this research paper titled “Erosion of Home Ownership and Minority Wealth” which examines how the impact of national equity funds that are buying up homes in Charlotte and turning them into rental properties.