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JennSH from NC's avatar

A new subdivision is bring built about a mile from my home. This subdivision is going up like lightning! The houses are not for sale though; they are for lease! I have to wonder what such a subdivision will do to the real estate market in my area. It also increases the population density in my immediate area right on the NC coast. The beaches are not easily accessible from our location, but stormwater could be a serious problem. Are such housing developments being built in other areas of the country? This is not likely to be affordable housing.

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