So much for the law of supply and demand. Council has approved a plethora of high-end market-rate apartments because a majority of council members believe that flooding the market with high-rent units will saturate housing demand and eventually inhibit rent hikes. These council members ignore the fact that in Chapel Hill, as in most cities, […]
All posts for the day May 22nd, 2017
Use housing market forces to help
by Nancy Oates on May 22, 2017
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Tagged taxpayer bailouts
Posted by Nancy Oates on May 22, 2017
https://chapelhillwatch.com/2017/05/22/use-housing-market-forces-to-help/
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