Affordable apartments are disappearing, and people on fixed incomes are feeling it.

That's the predicament Richard Simmons, 71, finds himself in. He wonders how much longer he can afford his apartment on a fixed income when his rates have gone up about 40% in five years.
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That's the predicament Richard Simmons, 71, finds himself in. He wonders how much longer he can afford his apartment on a fixed income when his rates have gone up about 40% in five years.

The little-known trend that’s hurting housing affordability in Charlotte

February 14, 2018 12:16 PM