HUD Plan to Spike Rents (Sorry Charleston)

in housing •  7 years ago 

Cliffnote Summary: Is making a policy where you make renting more expensive a good strategy to encourage people to find more work? This new plan by Secretary Ben Carson could have the average families rent go up 26%. This hit's the cities that are experiencing large growth and rising building costs the most. Charleston is one city where it could have impacts.

Read the full article and give us your summary and thoughts on the situation.
https://www.free-times.com/news/local-and-state-news/hud-plan-would-spike-rents-for-many-sanford-in-trouble/article_5a710ae2-6b1f-11e8-8be3-6b82b0548335.html
Picture and article provided by Free-Times.com

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