Charlotte Observer: How to save renters $15 million with one easy change

Charlotte Observer: How to save renters $15 million with one easy change

“In Charlotte, it has been estimated that we have a shortage of 21,000 affordable housing units,” writes Grubb Properties Inc. CEO Clay Grubb. “If those were built in urban areas with greater access to jobs and educational opportunities where upward mobility was more likely, the elimination of parking would save approximately $945 million.”