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City Beautiful 21 » Entries tagged with "Filtering"

Filtering, Housing Supply and Changes In Rents: The Evidence

Filtering, Housing Supply and Changes In Rents: The Evidence

Over the past two weeks, I have highlighted how housing prices and rents increase without new development-  through filtering at large multifamily properties and at smaller rentals as individual landlords decide to upgrade their units one at a time. The flip side of this phenomenon is the question:  Is there is evidence that expanding the supply of housing can put downward pressure on rents, and can prevent mid-market housing from filtering up to become higher-end … Read entire article »

Filed under: Affordable Housing, Austin, Carrboro, Chapel Hill, Data, Density, Durham, Raleigh, Uncategorized, Washington DC

Displacement Without Development: Filtering Up on North Greensboro Street

Displacement Without Development: Filtering Up on North Greensboro Street

Last week I described the real estate market phenomenon known as “filtering,” and discussed a recent example in Carrboro where Abbey Court filtered from a lower rental submarket to a higher rental submarket and became Collins Crossing. Displacement Without Development Today I’m going to discuss another local example of where lower-rent units are disappearing and higher-rent units are taking their place. As you continue reading, keep in mind what is ultimately the most important part of this … Read entire article »

Filed under: Affordable Housing, Carrboro, Definitions