ResearchPaper_HAI18_v8

EXCERPT: “After a decade of recovery following the Great Recession, new, entry-level and moderately priced single-family homes have all but disappeared from our region, leaving the Twin Cities with a housing market that is fundamentally broken and ill-equipped to meet the demands of many Minnesotans. The report by the Housing Affordability Institute, Priced Out: The True Cost of Minnesota’s Broken Housing Market, unveils a sobering conclusion: By nearly every measure, new homes in the Twin Cities cost more to build than new homes in any other Midwestern market.” FULLSTORY: http://bit.ly/2WTfxEn