NC: Asheville Rental Market Hot

Housing in Buncombe County changed dramatically over the last decade with huge growth in second homes and an increase in rental housing five times the national average.

The two statistics, from newly released 2010 census data, point to diverging trends where affluent people were increasingly attracted to the area and the working class moved away from owning homes, according to housing experts.

“To me, that is the legacy of Asheville,” said Cindy Visnich Weeks, manager of community investments at Mountain Housing Opportunities, a nonprofit focused on affordable housing.

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Full Story from the Citizen Times

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