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Across Mecklenburg County, home values are up an average of 58% from four years ago in the newest tax revaluation. But if you live in a lower-priced home close to uptown, there’s a good chance the value at least doubled. That means more of the tax burden is shifting to these homeowners and, indirectly, to renters in many of the city’s Corridors of Opportunity lower-income areas that have long been overlooked, and more affordable.
Next month marks three years since the start of the pandemic, and a new report shows how uptown developers, employers and workers are settling into the not-so-new-anymore normal.
Nestled in a building in uptown’s French Quarter is the Arcade Men’s Room a family-owned barbershop that’s called the spot home for nearly 50 years. The barbershop’s owner says she fears the business is being pushed out due to imposing changes by the building’s owner.