Regarding the Dec. 8 news article “ Raleigh losing affordability”: Your article was right on the money. Most of these homes, condos and apartments are owned or rented by middle and upper-middle income people, mostly professional and well-educated. Pricing of these properties is based on location and availability.
As our downtown grows and attracts new businesses and employees with specific educational skills, the demand for housing increases and pricing follows suit.
The picture you presented of a couple who live in an apartment for those who make less than 60 percent of median income is somewhat confusing in as much as they have tiled kitchen floor, hardwood floors in the living room and granite countertops in the kitchen.
It would have been better to have a less-custom home featured for purposes of making a point.
Never miss a local story.
Keith Larson, Raleigh