Via an Oregon media outlet, here’s an interesting chart of different US metro areas showing the correlation between “median asking price” and “% growth in housing units.” It comes from an op-ed by an Oregon economist named Timothy Duy. Here you go: In typical supply-and-demand fashion, Duy argues that places that build more housing have […]
Here’s a hot-button topic that’s been popping up in the news lately: the argument that subsidized housing isn’t being built in the suburbs, but is being concentraed in the central cities Here’s one of the charts from Myron Orfield’s Institute on Metropolitan Opportunity, showing the where subsidized housing is being built: Peter Callahan at Minnpost had another […]
Here are the week’s posts on streets.mn smartly summarized for your reading convenience. Madness of two kinds this week: April Fools posts and continuing the basketball-inspired, urban-themed madness continues with the outcomes in streets.m(ad)n(ess) Round 3 – The Streets Sixteen and Round 4 – The Urban Elitist Eight. Just as you can play streets.m(ad)n(ess), there’s another opportunity for participation […]
This is part 3 of a series on the interaction between the rental housing market and rents. Read part 1, “How I Set Apartment Rents,” and part 2, “Housing Markets? Humbug!“ I’ve dedicated the last 15 years of my life working on affordable housing policy. Mostly, I’ve worked where some sort of subsidy helps make it (more) affordable. In […]
Don’t just sit there – participate! You Too Can Write for streets.mn! by checking our updated writer’s page or, to learn quite a lot about topics and our sense of humor before submitting anything, Here’s Your streets.m(ad)n(ess) Bracket and you can play in the streets.m(ad)n(ess) Round 1 – Play-in Games until 8 pm today. But first, read the week’s […]
This is part 2 of a series on the interaction between the rental housing market and rents. Read part 1, “How I Set Apartment Rents.” Housing markets are complex, and here I attempt to explain how there can be a broad market trend and submarkets bucking that trend. I’m also going to imagine what might happen on a […]
In Minneapolis, there is an active discussion about rising rents, whether supply and demand affect rents, and what to do about providing enough affordable and work-force housing. Related issues — markets, incomes, land use controls, local politics and processes, public subsidy and how it’s used — are all complex. No blog post, tweet, or newspaper article […]
The American gentrification story will sound familiar to many: A historic neighborhood, home to traditionally transit-oriented apartments and modest single family homes, slowly becomes destitute and outdated as the automobile era drives population away from city centers. The neighborhood becomes derelict and neglected, but eventually, the bohemian counterculture — the artists, performers, musicians, and designers […]
Minneapolis is growing. For the first time since the 1970s, the population has reached more than 400,000 people, and folks are struggling to find places to live. There’s a lot of economic pressure to demolish old homes and develop apartment buildings and condominiums to make space for these new residents. This influx of people […]