Why more affordable housing in SC isn’t getting built where it’s needed most
It might seem like common sense. If there’s such a high demand for affordable housing, then shouldn’t developers be scrambling to supply it?
The Charleston region has become one of the most expensive places to live in the Southeast, and home prices continue to climb every month. People are moving to the outskirts of town seeking more affordable rents and mortgages, adding longer commutes to their jobs, doctors appointments and schools. Some are being priced out of town completely.
To stop the trend in its tracks, the region needs more housing that most people — not just the elite few — can afford.