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A new study by a local nonprofit warns that housing affordability in Dallas could shrink even more in the next eight years if the city doesn't take action. According to a new report by the Dallas nonprofit community development organization Builders of Hope CDC, one in five Dallas neighborhoods is already in the early stages of gentrification. The report also shows that by 2032, the typical Dallas renter will only be able to afford 21% of rental units and Dallas homebuyers earning the median income will only be able to afford fewer than 2% of homes. Read more in our link in bio. #gentrification #nbcdfw #news #report #dallas #housing #apartments #rent #dfw #northtexas #texas
Duration: 46 sPosted : Tue, 19 Nov 2024 21:32:58Views
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