Housing

Twenty years from now, Winston-Salem and Forsyth County aim to have attainable housing, strong economic opportunities, accessible public spaces and a sustainable environment. That’s the vision laid out in Forward 2045, the comprehensive plan approved by city council Monday.

In the wake of Helene, many craftspeople in western North Carolina lost their studios due to severe flooding. The Piedmont Craftsmen Guild in Winston-Salem is lowering entrance fees and housing costs to give these artists and others an opportunity to share their work at the guild's 61st annual fair on November 23-24.

The Federal Reserve has once again opted to leave interest rates unchanged. That appears to be creating a big challenge to one part of the economy: housing prices. Today, we look at how elevated interest rates may actually be keeping home prices and rent high. Plus, we see how one community is taking the issue of housing affordability into its own hands.

Read the research paper co-authored by Julia Fonseca, Lu Liu, and Pierre Mabille.

Related episodes:
When mortgage rates are too low to give up (Apple / Spotify)
The housing shakeup (Apple / Spotify)
The highs and lows of US rent (Apple / Spotify)

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