Rents are spiking in the city of Atlanta—and the roster of big cities struggling to manage the costs of living grows.
Stephanie Stokes shares insight into the rising rents and housing costs in the Atlanta housing market, via research by Georgia State professor Dan Immergluck.
Immergluck's warning: that unless Atlanta takes a proactive approach to the housing market, the city risks becoming like San Francisco. "In other words, a city for the wealthy," explains Stokes.
In addition to a pile of statistics showing how quickly housing prices are spiking in parts of Atlanta, Stokes also reports a few policy actions recommended by Immergluck and a local developer.
FULL STORY: What Rising Housing Costs Could Mean For Atlanta
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