Salon debunks Mpls 2040 premise that building more market-rate housing will produce more affordable housing: “In August of this year, an oversaturation of market-rate and luxury rentals in big cities meant that housing costs dropped — for the wealthy. ‘U.S. cities struggling with soaring housing costs have found some success in lowering rents this year, but that relief has not reached the renters most at risk of losing their housing,’ the Washington Post reported.” Click below to read more.
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