#SpotlightOnCLT: Community Link
Did you know that 46% of the workforce in Charlotte cannot afford safe and decent housing? This means that 46% of workers are forced to spend more than a third of their hard-earned income on housing costs alone.
To make things more complicated for future homeowners, rental rates are increasing annually at a much higher percentage than wages. Even successful renters are continuing to find it more difficult to save enough for a down payment on a home of their own with high rent payments and basic living necessities.