“As existing neighborhoods with Asheville’s iconic tree canopy and low population density became saturated — more crowded, hotter, busier and therefore less desirable — property values would definitely drop, diminishing, as Paul wrote, the “pricing power that landowners wield,” but not before developers had made some significant pocket change.”
Tag: developers
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Aesthetic anti-capitalism is hurting Asheville’s working class
“Residential construction hasn’t kept up with population growth, and the resulting scarcity pushes up rents and home prices. This means that the folks who make Asheville weird, its artists and young people, are being pushed out.”
Unkindest cut
Duper
ASHEVILLE, N.C.
Invest ye merry gentlemen
Asheville