Below you'll find a list of all posts that have been categorized as “Issues”
The purpose of this report is to provide a comprehensive analysis of the housing industry’s total economic and social footprint in South Carolina. Because traditional economic assessments often underreport housing’s true value by focusing solely on new construction, this study aims to capture the industry’s complete impact. It does so by evaluating four main categories: residential construction, the real estate …
York County seeks to ensure that growth and reinvestment result in affordable and varied housing choices to meet its future needs, while maintaining both its fiscal health and its rural environment…. MMH Scan™ Analysis + Definition of Barriers to Missing Middle Housing [PDF]
The Charleston Metropolitan Area is in the process of developing the first mass transit line in South Carolina. The Lowcountry Rapid Transit (LCRT) will be 21.5 miles long and connect a large segment of our population. Local Council of Governments are working to create the line and add transit-oriented development which will result in dense, walkable communities along the line. …
Columbia is in need of improving housing options, which has not kept up with quickly growing surrounding areas and is facing challenges addressing the affordable housing needs of its residents, while also accounting for a limited tax base. This study will create a plan to address the development needs in Columbia and promote data driven decisions leading to the enactment …
The housing availability challenges across the United States are magnified in areas like the coast of South Carolina, where there is also population growth. The Coastal Carolinas Association of REALTORS® (CCAR) commissioned Anderson Economic Group (AEG) to conduct a housing needs assessment for Horry and Georgetown Counties in South Carolina. Additionally, CCAR asked AEG to examine the role of county …
This study conducted an analysis examining the economic impacts that would likely arise as a result of the implementation of a new set of impact fees that Horry County is currently proposing. Specifically, the economic effects of the new impact fees being implemented on all new single-family housing developments as well as on new commercial property – including commercial office …
Short-term rentals represent a rapidly growing segment of the global real estate market. Since 2018, the demand for short-term rentals has grown by nearly 20 percent nationwide and by over 17 in South Carolina alone. These strong growth rates have emerged despite the continued widespread availability of more traditional forms of temporary lodging (e.g., hotels, condos). This suggests that short-term …
This report concludes that South Carolina’s property tax system is complex, nontransparent, unfair, and inefficient. South Carolina’s Act 388 passed in 2006 with the aim of providing property tax relief to certain homeowners. However, by shifting greater property tax burdens from homeowners to businesses and renters, it increased the disparity in property tax rates and made South Carolina’s property tax …
