Tag: More market-rate housing doesn’t result in more affordable housing.
‘Salon’ debunks Mpls 2040 premise
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 … Continue reading ‘Salon’ debunks Mpls 2040 premise