If you read my last post, you know my roommate and I just learned we’re about to be priced out of our apartment. I’ve spent the entire weekend searching across town—and into Durham—for a new one...
Some thoughts on apartment-hunting.
Looking for a new place is a crazy and stressful experience, especially when you’re on a bit of a time crunch. It’s an entirely new level of special fun, though, when you’ve spent the last four years obsessively following the local news, and you know everything about every inch and cranny of your town. So many extra variables!
“How close do I really want to live to Ephesus Church, when I know it’s probably going to be all torn up and construction-y for the next couple years?”
“Hey, this place looks nice, but wasn’t there a string of break-ins there a few months back?”
“Isn’t that one in the middle of a flood plain?”
“Hey Sales Office Guy, you mentioned Timber Hollow as one of your competitors? Yeah, let me tell you all about why that’s not going to be true for much longer.”
“I’ve heard of this one before, but why? …Oh, that’s right. The murder.”
I also find I’m more attuned to non-verbal cues—you know, the little tricks apartments use to say the things they’re not allowed to say. My favorite was the one where the model apartment was done up like a glorified dorm room, complete with UNC pillows on the beds and a “schedule of classes” posted on the bathroom door. At no point did the sales guy ever say “we’re more of a student housing deal”—I don’t think he even uttered the word “student” the whole time—but they made it pretty clear, all the same. (I suppose the complex that kept its model-apartment fridge stocked with free sodas and candy bars might have been trying to give off the same vibe.)
But perhaps the big lesson I took from my search is that I’m even more convinced in my suspicions about Chapel Hill housing than I was before. We already know there’s a shortage of low-cost housing in Chapel Hill—but we need to add, if we haven’t already, that there’s also a growing shortage of mid-range housing too.
Now, I did limit my search to a fairly narrow geographic area—roughly, up and down Weaver Dairy and along 15/501 from Garrett Road to Estes Drive. (Stayed away from downtown because it’s mostly student housing; stayed away from Carrboro because we’d like to avoid the extra commute.) But in that area, it became apparent very quickly that the only decent places in our price range were going to be in Durham.
So we may be moving to Durham. Sad, but true. It’s not a done deal yet, but we may very soon be joining that class of folks who’ve got all the town leaders wringing their hands: “People Who Live Outside Orange County And Commute In.”
At least I’d be in the plurality. (Slide from the Chapel Hill-Carrboro Chamber of Commerce’s 2013 annual report. Full report here.)
I actually like Durham a lot. I lived there for two years when I moved to the area in 2008. Within a year, of course, I’d fallen in with WCHL, so I’ve always felt more connected to the movings and shakings of Chapel Hill and Carrboro. But there’s always been a soft spot in my heart for the Bull City. Minor league baseball! Southpoint! DPAC! (And man, there is nothing I find more fun than bringing a naïve Chapel Hillian or Raleighite to downtown Durham and watching them get all antsy and jittery because they’re just convinced they’re going to get mugged.)
So I’m not too terribly upset about the prospects of living there. (And it’d still be a short commute.)
Still, though, if it comes to pass, it’ll be sad to leave Chapel Hill—even if the only difference is that I won’t be voting there anymore or paying Orange-level taxes on my car.
No worries. Durham will be perfectly fine, should it come to that. And who knows. We might be back in the Hill within a year. It may not even happen at all.
In the meantime, though, y’all really do need to ramp up that housing conversation. (Hopefully I’m already preaching to the choir.)http://chapelboro.com/columns/aaron-keck/durhams-pretty-nice-time-year/
In case you’ve missed it, Chapel Hill’s got a housing issue.
The supply of affordable rental housing in town is limited. Demand for housing is high in Chapel Hill-Carrboro, which tends to drive up costs; new housing projects have generally been high-rent; and existing affordable units don’t necessarily meet the needs of the people seeking them.
Meanwhile, another twist: developers keep buying up affordable complexes, renovating them into swankier digs, and renting them back out at much higher rates. In Carrboro, Abbey Court got bought out last year; the new owners renamed it Collins Crossing and immediately started making renovations (good) and jacking up rates (bad). Similar situation at Colony Apartments (now The Park) in Chapel Hill, which is slated to be replaced—and now there’s also a proposal on the table to redevelop Timber Hollow Apartments, just off MLK Boulevard. In all three cases, a similar story: new developer comes in, boots out the existing tenants, revamps the place, brings in new tenants and charges them more.
So far, that’s really only affected “affordable” housing, on the lower end of the rent scale.
But is the scale sliding up? Is this about to start affecting mid-range housing too?
I ask because this same thing is about to happen to me. And several hundred other people too, I think.
My roommate and I live in a mid-range apartment complex in Chapel Hill. We’ve been there for two years and love it. We pay $1000 per month, split two ways—not an “affordable” unit, in the technical sense of the term, but definitely on the high end of what we can afford. (This year, at least, about 40 percent of my paycheck goes to rent.)
In October it got bought by a developer. We didn’t think anything of it.
Then yesterday I got news. When I stopped by the front office to renew our lease, the folks there told me the developer is planning major renovations—so no lease renewals, everyone switches to a monthly contract when their lease is up (which for us is December), and sometime after that they’re going to order us to vacate. At that point, they’ll renovate the unit and rent it back out again—for a significantly higher rate, of course. Almost certainly too high for us—even if we wanted to move back after being forced to move out in the first place.
And that’s it. We’ve just been priced out of our own home.
(By the way, there are 248 units in this complex. I can’t say for sure, but I assume they’ll all be affected.)
I don’t want to name names yet. Plans are still in the works, details are still sketchy, and I’m actually not even supposed to know what I know. (I only found out because I stopped by to renew our lease, and at that point they had to tell me.)
But if I was told correctly, then I think this is a new twist in Chapel Hill’s housing issue, or at least one that hasn’t really been publicized: it’s not just the “affordable” apartments that are being revamped into luxury units—it’s the mid-range apartments too.
I’m not terribly upset about it, at least not now that the initial shock has worn off. This is, I suppose, the downside of apartment living: it’s somebody else’s place you’re living in. Within certain limits, they can kick you out and jack up the rates whenever they want. And if we’re being honest, it is an older apartment building. We love it, but I guess you could argue it’s due for a makeover.
But now, for me, the annoying frustrating irritating process of apartment-hunting begins again. And I assume that process will also begin, sometime in the next 12 months or so, for most if not all of the residents in these 200-plus units.
That’s bad enough.
Add to that the existential shock of being told that—through no fault of your own—you’re going to have to leave the place you’ve come to think of as your home.
That’s bad enough too—and it’s an experience that more and more Chapel Hill/Carrboro residents seem to be having these days. I’ve mentioned Abbey Court and Colony Apartments on the rental side; let’s also not forget the longtime residents of the Northside neighborhood who got priced out when the student rental influx pushed up property taxes.
And so I think this is something worth paying attention to. It’s possible this could just turn out to be a one-time thing: an older apartment complex getting a needed renovation, no larger issue involved. But I’m worried that it also could be a signal of something larger happening in Chapel Hill: a growing scarcity of mid-range rental units as well, not just units officially designated as “affordable.”
And if that turns out to be true—if the high-end luxury stuff is all that’s left—
Well. I can’t think about that right now. I have to look for a new apartment.
I visited two complexes today. Both of them are out of our price range.http://chapelboro.com/columns/aaron-keck/affordable-housing-crisis/
Aaron Nelson and Chamber board chair Paige Zinn compare notes before the State of the Community presentation. (Photo by Donn Young, courtesy of the Orange County Visitors Bureau.)
As the country, the state and the region pull slowly out of recession, the state of our community is strong — but still could stand to get stronger, particularly when it comes to housing.
That was the takeaway from the Chapel Hill-Carrboro Chamber of Commerce’s sixth annual State of the Community report, delivered at the Friday Center on Tuesday by Chamber president Aaron Nelson.
“(We have a) strong, educated workforce (that’s) increasingly diverse,” he says. “Our economy and community are resilent — we were late into this recession and we were first out — and many of those indicators look good.”
Generally speaking, Orange County ranks among the best in the state in most indicators of social wellbeing, from educational achievement to the crime rate to public health. Fittingly, though — for a region so often concerned about its perceived status as a ‘bedroom community’ — many of the more worrying statistics relate to movement.
“We are growing, and we will still grow…(and) we’ve got to figure out where these folks are going to live,” Nelson says. Orange County’s population in 2012 was just shy of 138,000, up 22,000 from the turn of the century — and by 2025 Orange County is projected to add another 30,000 residents, for a total of more than 166,000.
“That’s a lot of folks,” Nelson says. “Let me give you some perspective: 140 West Franklin downtown, the big tall thing, that holds 300 people. I just said 30,000.”
And the local housing market is struggling to keep up — a fact that’s contributing to the already-high cost of renting and buying homes.
More than half of all housing units in Chapel Hill are occupied by renters — in Carrboro it’s more than 60 percent — and affordable housing remains persistently scarce. More than half of all renters in Orange County now pay more than 35 percent of their income in rent, well above the “affordability” threshold.
“The rental market is growing, but the lack of supply is driving (the) rate,” Nelson says. “This huge increase in those rates — folks are moving into our community and (adding) pressure.”
And the cost of homeownership remains elevated as well. Nelson says the average closing price for an Orange County home has dropped slightly from its peak in 2010 — it’s now about $319,000, down from $330,000 — but that’s still far pricier than an average home in our neighboring counties, and it’s not just because the houses are bigger.
“The price per square foot in our market is dramatically higher,” Nelson says. “(It’s) $134 a square foot (in Orange County)…in Chapel Hill city limits it’s $180 a square foot. That’s — my editorial comment — a supply challenge, because folks are able to build it in Durham for $93 a square foot.”
Compounding the housing crunch, of course, is the demand coming from UNC: of the 29,000-plus students at UNC-Chapel Hill, 63 percent live off campus—more than 18,000 in total, all seeking housing in and around Orange County. That’s already caused some controversy in the Northside and Pine Knolls neighborhoods, both very near campus—where Town officials have had to step in to address parking concerns, and longtime residents have been driven out by the rising cost of housing (and the resulting property tax hike) that came with the increased demand.
But Nelson says it could be worse: in fact, 55 percent of UNC’s undergrads live on campus, a far higher percentage than many of UNC’s peer institutions. (At Indiana University, for instance—in the Chapel Hill-esque town of Bloomington—only 40 percent of undergrads live on campus.)
And there are also several housing projects currently in the works near downtown that are specifically geared for students—a development that Nelson says will also go a long way toward alleviating the problem of affordable workforce housing as well.
“(In) my view, the greatest growth of workforce housing, workforce rental, has been new student rental,” Nelson says. “If you go back in time (and) take a look at all the apartments that were student apartments in the late 1990s, early 2000s — when new student housing got built, students moved to that, and what was backfilled into the old student housing was workforce housing.”
Still, with 30,000 more residents projected to move into Orange County in the next twelve years, the housing crunch is not likely to go away anytime soon—and Nelson says that’ll be the case across the entire Triangle, where half a million more residents are expected to flock in by 2025.
We’ll have more from the Chamber’s State of the Community report throughout the week, but you can see the entire presentation for yourself at this link.http://chapelboro.com/news/development/in-orange-county-housing-crunch-is-here-to-stay/
CHAPEL HILL - Beginning this Friday and Saturday, the Summer Puppet Festival begins shows at the Forest Theater on Country Club Road. The show features a mix of giant puppets, masks, stilts, painted flats, and paper-cut shadows. Paperhand Puppet creates an evening of exploration, enchantment, and ancient creatures you are sure to love.
Shows begin at 7:00 p.m. with a different pre-show each night at 6:20 p.m. Suggested donations are $12 for adults and $8 for children
For more information on the show click here.
In the next two weeks, roughly 18,000 undergraduates will come to Chapel Hill from 50 states and 100 countries. Move in weekend begins August 16 and classes begin August 20.
During the first week, the school is coordinating a Week of Welcome with several of the restaurants, and stores in “The Feel of Franklin Street” meant to welcome in new students. Students and parents are welcome to enjoy the week long promotions to receive free or reduced prices on the menu.
From August 16 to August 25 expect Franklin Street to be back at it’s busiest with new students and parents learning the area.
A local coordinator for International Experience – USA is looking for local families willing to open their homes and hearts to European teenagers. Host families share their homes with one or two high school students from another country who wants to experience America.
All of these students have great academic achievement, exemplary character, good use of English, their own spending money, and health insurance.
Almost anyone can host one of these students; if interested in hosting you can find more information by clicking here, or contacting Liz Priestley at 919-968-1736.http://chapelboro.com/news/news-around-time/papperhand-puppets-begining-students-returning-host-a-foreign-student/