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Much of Raleigh's housing that was built in the last 20 years could classify as starter homes if you subtract the likely equal number of more expensive homes. I'm referring to the 200K-300K range homes that are very nice when new but lees so 25 years later without continuous upkeep.
There's no way tha6 the thousands of tract homes will be meticulously maintained well enough over the long haul to look good 20 years from now.
I'm worried that the vast areas of lower price point homes will become tomorrow's ghettos.
The NE part of Raleigh has always been the starter home corridor up US401. Well the 1980's starter homes have aged and are now run down and are synonymous with crime. Gwinnett County outside Atlanta has experienced the same thing. Thousands of starter neighborhoods off Pleasant Hill Rd. are now blighted with crumbing exteriors, sheets covering windows in just over 20 years' time.
The Triangle is in good shape as far as the roads go, rail transit may or may not be part of the future.
The loose sprawl around Raleigh that was concerning in the past isn't as bad now, The area is surprisingly densifying rapidly, and people are OK with very small yards and townhomes are popular too.
Billboards still aren't allowed on freeways thank God so I have confidence that the area will remain true to itself.
The only thing though has been the roadside trash in all of Wake. It'a literally almost continuous visible trash on the Beltline and up US1/ US401.this year. Probably the worst city in the country this year for litter.
I wasn't aware there are homes in any range that would not look bad in 20 years without regular upkeep? If you are referring to townhouses, they are generally better maintained than most homes I see.
Reviving this thread as TBJ had an article out a couple of days ago saying Apple is already looking for more temp space in Cary...up to 150K SF in addition to the 220K they have coming online in the MetLife building. Might be able to piece something together from available space at Regency, but otherwise things are tight in Cary. Some space available in RTP if they want to go there.
Kinda surprising since so many are working from home.
Apple is starting to phase back in on April 11. They're not going to allow a ton of WFH once they're back up to full speed...more than before the pandemic, but they want their people collaborating in the office.
The only way that blurb makes sense to me is if they are talking about building those things next to both the competition center and over by Apple
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