[Durham INC] With the speed of City Council approvals on new developement, there is a real possibility of this in Durham

[RICHARD FORD]

Durham may not be immune from the national trend that investors will buy properties at a discount and that individuals looking for housing may not be able to complete with them.

Mortgage rates have doubled which will effect individual home buyers. How will more rental houses affect Durham??

Home ownership as a primary wealth builder may be further out of reach for many.

Dick Ford

> On Oct 3, 2022, at 9:55 AM, Mimi Kessler <mimikessler1 at gmail.com> wrote:
> 
> I would be very surprised if that is happening around here. While demand has slowed some, there are plenty of investors (from here and elsewhere) who are still buying. 
> 
> Mimi Kessler
> 919-599-2892
> 
> 
> On Mon, Oct 3, 2022 at 7:46 AM Stephen Knill <knillsj at gmail.com <mailto:knillsj at gmail.com>> wrote:
> 
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