This story was originally published on MinnesotaReformer.com [1]
Licensed under Creative Commons License CC BY-NC-ND 4.0 [2]
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Homeownership is declining in the Twin Cities
By: [], Minnesota Reformer
Date: None
High demand and record-low supply are pushing housing prices to new heights in the Twin Cities. But developers aren’t building enough homes that most people can afford.
The Twin Cities has historically had among the highest rates of homeownership in the country, but that rate is falling. At the same time, the region confronts a widening racial gap in homeownership, one of the largest in the nation.
If it’s bad now, what will it be like in 20 years?
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