- Created: Tuesday, 08 December 2015 12:32
- Written by Victoria Clark
It is no longer much of a secret that a housing shortage exists throughout Minnesota. The State’s population continues to grow as business is growing its workforce. So much so, that places like Red Wing show a rental vacancy rate of 0.9 % overall and 0.0% in affordable housing in 2014. Complicating this further, the annual new construction of Single Family owner occupied housing in Red Wing is not near the levels of construction as in the 1990s or early 2000s. The result is that 6,600 people commute into Red Wing to work each day and seniors have few options as to where they may like to move to from their single family house.