Twin Cities homes have become steadily less affordable since the 1990s. Recently, however, something has started to shift.
What is an apartment building? It can be a place to hang your hat. It can also be a community. The general perception is that apartments are temporary places to live; training wheels for home-ownership. But for many it’s not training wheels: it’s a home. Apartments are often the first step in independence for young […]
Via the Star Tribune’s Editorial page, here’s a chart from the Met Council’s latest report on housing trends. It shows the average rents charted against the ever-tightening rental vacancy rate: Here are the key points from the report about this chart: The region’s rental vacancy rate has been under 5% since the fourth quarter of […]