News

Soaring Insurance Costs Could ‘End’ Affordable Housing, Developers Warn

Emily Flitter · New York Times · 25 August 2024

Developers and landlords of subsidized housing, who cannot raise rents or charge more for starter homes, say property insurance increases could put them out of business.

read article...

What Kalamazoo (Yes, Kalamazoo) Reveals About the Nation’s Housing Crisis

Conor Dougherty · New York Times · 22 August 2024

A decade ago, the city — and all of Michigan — had too many houses. Now it has a shortage. The shift there explains today’s costly housing market in the rest of the country.

read article...

Kamala Harris wants to stop Wall Street’s homebuying spree

Rocio Fabbro · Quartz · 16 August 2024

The Democratic presidential nominee is targeting investors that buy up and mark up homes in bulk, a growing trend that’s making the housing and rental market more expensive for Americans, the Harris campaign said.

read article...

Inflation continues to subside, but Twin Cities housing prices aren’t helping

Emma Nelson · StarTribune · 15 August 2024

Interest rates, meant to tame inflation, have sidelined buyers and stalled new construction.

read article...

Minnesota is home to more than half of senior co-op living in the country. Here’s why

· MPR News · 23 July 2024

read article...

The American Elevator Explains Why Housing Costs Have Skyrocketed

Stephen Smith · New York Times · 8 July 2024

Opinion: Elevators in North America have become over-engineered, bespoke, handcrafted and expensive pieces of equipment that are unaffordable in all the places where they are most needed.

read article...

Apartments Could Be the Next Real Estate Business to Struggle

Joe Rennison and Julie Creswell · New York Times · 4 July 2024

Interest rates, ratcheted higher by the Federal Reserve to combat inflation, have made mortgages much more expensive for building owners.

read article...

Devean George’s north Minneapolis modular housing factory will open in fall, employ 320

Dee DePass · StarTribune · 18 June 2024

Renovations are set to begin on a former printing press on N. Washington Avenue near the Minneapolis Farmers Market to transform it into a modular housing factory that will employ about 320 people.

read article...

What ‘boommates’ are and why you might want to join them

Michael J. Coren · Washington Post · 18 June 2024

Thousands of baby boomers are living with intergenerational housemates — a setup that could help ease the housing crunch and cut global warming emissions.

read article...

Counterpoint: Actually, zoning changes are an answer

Zak Yudhishthu · StarTribune · 16 June 2024

The land use status quo has long served to allow some cities to exclude affordable housing, in both explicit and implicit ways.

read article...