Charlotte - Dr. Nick Desai: City Land Use Regulations and Housing Costs
Thu, August 22, 6:30pm – 8:00pm
Dunhill Hotel - Uptown Charlotte (map)
As home prices in Charlotte continue to rise, a study released suggests that some city land-use regulations put affordable housing out of reach for Charlotteans earning a modest income. The study, commissioned by the Piedmont Public Policy Institute, concluded that housing in Charlotte is unaffordable for families earning 90 percent or less of the city’s median income, or around $52,000 a year from 2010 to 2012. That’s about 140,000 households, according to Census Bureau data from 2010.