Policy Report

Planning Penalties in North Carolina: Why Other N.C. Cities Should Not Follow Asheville and Wilmington

posted on in City & County Government, Spending & Taxes

Since the late 1980s, housing prices in North Carolina have increased rapidly in some cities while in others prices have grown more slowly. Asheville and Wilmington, for example, are known for large increases in their housing prices over the last 15 years, while in Fayetteville and Hickory housing prices have grown much more slowly. Why is this?

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We are North Carolina’s Most Trusted and Influential Source of Common Sense. The John Locke Foundation was created in 1990 as an independent, nonprofit think tank that would work “for truth, for freedom, and for the future of North Carolina.” The Foundation is named for John Locke (1632-1704), an English philosopher whose writings inspired Thomas Jefferson and the other Founders.

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