Brookview Apartments in Raleigh is slated for demolition to make way for new upscale single family housing. The amount of affordable housing in and around downtown Raleigh and elsewhere in Wake County is declining as real estate values rise thanks to a flood of global investment dollars. Fewer traditional starter homes are being built, and affordable rental projects are being redeveloped to target higher income tenants.
Brookview Apartments in Raleigh is slated for demolition to make way for new upscale single family housing. The amount of affordable housing in and around downtown Raleigh and elsewhere in Wake County is declining as real estate values rise thanks to a flood of global investment dollars. Fewer traditional starter homes are being built, and affordable rental projects are being redeveloped to target higher income tenants. TRAVIS LONG tlong@newsobserver.com
Brookview Apartments in Raleigh is slated for demolition to make way for new upscale single family housing. The amount of affordable housing in and around downtown Raleigh and elsewhere in Wake County is declining as real estate values rise thanks to a flood of global investment dollars. Fewer traditional starter homes are being built, and affordable rental projects are being redeveloped to target higher income tenants. TRAVIS LONG tlong@newsobserver.com

Raleigh’s affordable housing crisis looms larger

September 16, 2017 9:30 AM