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Durham mayor has outside-the-box idea to help the housing crisis :: WRAL.com


— Durham City Council is getting inventive in terms of making the town extra inexpensive.

Just final week Mayor Elaine O’Neal shared a plan the place the town will buy houses, then promote the houses at inexpensive costs to Durham residents that wish to stay there.

She says she needs to offer council the remainder of the month to consider the plan.

The outside-of-the-box thought comes as dwelling costs soar – and stock runs low.

Terrell Blunt says shopping for a house in Durham has been frustratingly troublesome.

“Every time I might attain out to a realtor, the property was being snatched,” he says.

Blunt fell in love with Durham after transferring there from New Jersey to take a job at RTP. In the months that adopted, he is tried to buy a home — solely to be priced out.

Now he’s a serious will increase to his lease.

“Part of me leaving New Jersey was having a low cost of living, but that hasn’t been the case,” he says.

Blunt loves the mayor’s thought.

“I feel that could be a sensible thought it brings extra equitable alternative to decrease and center class folks,” he says.

Mayor O’Neal says beginning subsequent month she needs to maneuver ahead with a plan to make Durham extra inexpensive.



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