- Created: Wednesday, 18 June 2014 06:41
Housing construction is booming in Minnesota. Yet much of that new construction is likely to be out of reach for low-income Minnesotans in need of homes they can afford, finds the latest 2x4 Report, released today. The 2x4 has also been redesigned with updated content with this release.
From the data in this June issue, several industry indicators spell good news for current owners and developers. However, the report is a reminder that renters and the homeless are still struggling, as average rents crossed the $1,000 mark in the Twin Cities for the first time, and homelessness for students rose higher.