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Priced out of housing, communities take over development

Keith Schneider

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As the owner of the coffee retailer Higher Grounds Trading, Chris Treter had a problem: business was booming, but his new hires couldn’t find affordable places to live.

“Traverse City is becoming Myrtle Beach meets Hilton Head – a place catering to a population outside the region,” Treter says. “Our workforce can’t live here anymore.”

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    Original URL: https://www.afr.com/property/residential/priced-out-of-housing-communities-take-over-development-20240527-p5jh2y