The Tennessean – Short term rentals prove harmful to Edgehill

April 12, 2017

As we know, Nashville is in the midst of an unprecedented epidemic of displacement and loss of housing for working class people. Wages have stagnated while rent prices climb at a breathtaking rate. The Edgehill neighborhood is among the most rapidly-gentrifying communities in the city. According to the most recent Community Needs Assessment, almost 40 percent of Nashville households earn less than $38,000 per year while the average price for a two-bedroom apartment is soaring close to $1,500 a month…

Source