Charlottesville’s population continues its decline

“The amount of residential housing available
for middle income families has increased significantly in the past three to four
years.””

“”The City of Charlottesville has actually
been losing population for quite awhile, but Albemarle County has been gaining
population.””

Neither the
Cavalier Daily article nor this particular study (PDF)by the Weldon Cooper Center
for Public Service
address the above statement directly, but the fact
that the City of Charlottesville is experiencing a slow decline or stagnation is
no surprise. Few people can afford to live in the City itself; most commute into
the City to work.

“The City’s
location within Albemarle County also plays a key role in its population
growth.

“Charlottesville is
an island in the middle of the ocean that is Albemarle County,” Dr. Martin said.
“Housing availability is low, and prices are
high.”

No
kidding.

Despite the recent
decline in population growth, there is some evidence of future
expansion.

“In the last
three or four years, the real estate industry has come alive,” Caravati said.
“The amount of residential housing available for middle income families has
increased significantly in the past three to four
years.””

Really? In what world is
he living? Unless “middle income families” refers to those who can afford houses
costing at least $250k.

” The median
sales price for the entire market area in 2004 was $247,250 which is $18,000
more than the previous year?s figure.” – from Caar.com

There is a great deal more
statistical data at this site here and here are good places to start. If anybody wants
to give me an executive summary, I would be much appreciative!

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