David Cox, PhD, the three-term District B representative on Raleigh’s City Council, delivered this statement at a City Council meeting on July 6, 2021 and submitted it as a “Guest Blog” to Livable Raleigh for publication. TC-5-20 is a Trojan horse that promises...
Adding density does not ease escalating housing costs, but does just the opposite, by driving up land values
The widening gap between housing costs and most incomes is caused by escalating land prices, not construction costs or zoning rules.
In the current issue of INDYWeek, Courtney Napier challenges the Raleigh City Council to center their Affordable Housing Bond on our city’s most pressing housing needs rather than on development profits.
“My quick analysis is that the recommendations are better than nothing, but they fall far short of what’s needed to help those in the greatest need. … Raleigh, we STILL have a problem.”