112417-n-mcb-greatermnhousing-2

EXCERPT: “The deck is stacked against the development of housing for the workforce in greater Minnesota. Private developers prefer to build in the Twin Cities and other large communities. They see higher risks in greater Minnesota, largely because many of the areas short of housing rely on one or two major employers. If one closes to cuts back, it may be hard or impossible to collect enough rent to make a profit. Nearly all apartment construction needs government involvement or private funding in all but a few areas outside of the Twin Cities.” FULLSTORY: http://bit.ly/2kbN5P6