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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