SUBSCRIBERS

Tiny Florida city faces big housing shortage

Community split on whether problem should be solved with new homes or the historic ones that are its legacy

Published Wed, Mar 29, 2017 · 09:50 PM
Share this article.

Florida

THE tiny city of Apalachicola, Florida, is well known in preservationist circles for its abundance of restored 19th-century buildings, but when it comes to affordable housing, the Gulf Coast community comes up short.

"Twenty-eight per cent of the population in Franklin County pays 40 per cent of its income for housing," said Jeffrey Sharkey, a political consultant from Tallahassee, Florida.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Property

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here