Interesting article. However, the South of Broad market is very recession-proof, with demand typically exceeding supply most of the time! This is not likely to have any discernible impact on property values there.
Hey, Hoosier, I think I answered a similar question from you once before. Are you still "on the fence" about buying in this part of Charleston? Talk with your Realtor(R) and get the market stats. This winter would be an excellent time to negotiate a purchase in that part of town. Seems like the market always tends to rise a bit in the Spring in this area.
Wish you and your agent best of success!