THE SHELBY INDEPENDENT

By Rod Powell | Guest Opinion OPINION — A young couple trying to buy their first home in Cleveland County already has plenty working against them. Home prices are high. Interest rates are high. Insurance isn't cheap, and saving enough for a down payment can take years. Then they finally find a modest house they can afford and discover they're competing against a large investment company with cash ready to go. That's happening in North Carolina. Around Charlotte, corporate inv

By David Beasley | The Center Square File graphic photo | The Shelby Independent (The Center Square) – A strong statistical case for home ownership over renting is made in a new analysis from the Office of State Budget and Management in North Carolina. From 2020 to 2024, the cost of rent in North Carolina rose 10% over the previous five years, according to the report's interpretation of newly released U.S. Census numbers. In contrast, the cost for homeowners with mortgage