This week on Flashpoint, Ben Thompson discusses best practices for potential homebuyers in the Charlotte area. The Charlotte housing market continues to be one of the hottest in the country in 2022, according to Canopy Realty Association. "You're gonna have to be flexible. This is one of the most unique markets we've seen," Lee Allen, President of Canopy, said. Allen said all signs point to minimal cooling in Charlotte real estate this year.
Then, we hear from the Rental Housing Alliance, who says cutting costly regulation addresses affordable housing. "What we're advocating for is keeping construction and regulatory costs down," Lisa Taylor, Rental Housing Alliance PAC Board Chair, said. Taylor said building code requirements and regulations account for nearly a third of the costs covered in someone's monthly rent. Right now in Mecklenburg County, only 1% of apartments are priced under one-thousand dollars.
Read more in these stories:
https://www.wcnc.com/article/news/politics/flashpoint/rental-housing-poltical-action-committee-local-races-decrease-regulation/275-146f7d55-221c-4c55-80c7-e7ab6bd040c4
https://www.wcnc.com/article/news/politics/flashpoint/advice-for-charlotte-home-buyers-2022/275-55d35f91-7865-45eb-91ec-77d1f0cbc271
