Nashville’s Boom Prices Out Low-Income, Middle Class Residents

By Peter Moskowitz, Al Jazeera – NASHVILLE — Raydhira Abreu, a middle-class Nashvillian who works as a leasing agent for an affordable housing developer in the city, says that without being able to live in one of her company’s units, she would be forced to leave the city. “Even with the money I’m making now, I don’t think I could afford to live here,” she said. “We have zero apartments, and every day there’s more and more demand.” Nashville is rising in national profile and quite literally: 30-story condominium towers are popping up downtown, modest homes are being torn down and replaced with 3,000-square-foot modern houses in East Nashville, and new restaurants, bars and clubs are opening seemingly every week. While the city is booming, incomes haven’t kept pace with costs. A city study found that the median family income in the Nashville area rose 6 percent from 2000 to...

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