r/asheville • u/goldbman NC • Sep 10 '24

New law--HB556--passed by veto override prohibits local governments from passing any ordinance that would forbid landlords from refusing to rent to tenants whose income includes funding from a federal, housing-assistance program News

https://newsobserver.com/news/politics-government/article292183155.html
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u/Mister-Marvelous North Asheville Sep 10 '24

Finally a win for the good guys!

Landlords are one of the most marginalized and hated communities in America. The discrimination we face regularly from the citizens, courts and governments across this entire country is egregious!

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u/g33may Sep 10 '24

They are easy targets given the ridiculous rents but people fail to realize the cost to own these properties, and stress and costs dealing with deadbeat tenants. Just hire a plumber to unclog a drain and see how that can eat up a months rent alone. The real problem is skyrocketing house prices and huge inflation on everything the past several years. Just my opinion.

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u/Mortonsbrand Native Sep 10 '24

High demand and limited supply.

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u/g33may Sep 10 '24

It's country wide. Where is the demand coming from?

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u/Mortonsbrand Native Sep 10 '24

In Asheville? Seems largely from Floridians moving away, and people from other “blue” cities moving to the mountains.

Also, while the supply of housing has not kept pace with demand broadly across the country, there are a lot of places where it is no where as acute as it is in Asheville/WNC.

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u/g33may Sep 10 '24

I thought the birth rate had been declining for decades now. I would think as boomers die off there would be a flood of available homes. Where are all the people coming from (demand)? Too many people owning more than 1 home(supply)? It just doesn't add up in my mind. Surely Covid took out millions 🤔🤔

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u/Nervous-Event-5049 Sep 10 '24

Millions of ppl move to America every year

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u/Mortonsbrand Native Sep 10 '24

I don’t have all the answers to that on hand. Millennials and Gen Z have both come pretty close to being at the replacement rate for birth rates, so while there is a long term population decline, it should be pretty slight for the rest of our lives.

All of that to say there isn’t really a huge demand cliff that is coming with the deaths of the boomers. Some of it may be due to them owning multiple homes, but in many cases those that do own multiple homes are using them as rentals rather than vacation homes which keeps them in the housing supply.