Minneapolis discovers the antidote to beat inflation: building affordable housing
The city eliminated zoning that allowed only single-family homes and since 2018 has invested $320 million for rental assistance and subsidies.
Source: yahoo.com
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First American city to tame inflation owes its success to affordable housing
No place in the U.S. has put inflation in the rearview mirror quite as fast as Minneapolis.
Source: fredericknewspost.com
Twin Cities seen as a model for taming inflation
In May, St. Paul-Minneapolis became the first major metropolitan area to see annual inflation fall below the Federal Reserve’s target of 2%.
Source: twincities.com
If you want to find affordable housing, you might want to try Minneapolis, where the inflation rate is surprisingly low
In addition to having a lower pace of increasing prices, the city has more affordable ratios of income spent on rent than other large cities.
Source: yahoo.com
First American city to tame inflation owes its success to affordable housing
No place in the U.S. has put inflation in the rearview mirror quite as fast as Minneapolis. In May, the Twin Cities became the first major metropolitan area to see
Source: news-daily.com