StarTribune · 29 May 2021
Previously affordable homes have been bought up by private equity. Nationwide, millions of families rent from real estate investment trusts or private equity firms. Critics accuse the institutional investors-turned-landlords of trying to maximize profits through relentless rent hikes while neglecting the costly upkeep of old homes.
MinnPost · 10 May 2021
Of Minnesota households behind on rent, 60 percent are people of color, 43 percent report being unemployed, 75 percent earn less than $50,000 a year and 71 percent report having lost income during the pandemic.
StarTribune · 1 May 2021
The fundamental reason for the increasing cost of housing (relative to other goods) is that the construction sector employs an outdated and inefficient technology.
New York Times · 19 April 2021
Economically discriminatory zoning policies — which say that you are not welcome in a community unless you can afford a single-family home, sometimes on a large plot of land — are not part of a distant, disgraceful past. In most American cities, zoning laws prohibit the construction of relatively affordable homes — duplexes, triplexes, quads and larger multifamily units — on three-quarters of residential land.
StarTribune · 17 April 2021
With moderately priced houses on the verge of extinction, Edina’s housing authority earlier this year sent thousands of unsolicited offers to owners of the most affordable houses in the city encouraging them to sell to a local nonprofit that then resells houses to working-class families for significantly less than they might otherwise pay.
New York Times · 15 March 2021
A lawsuit by a watchdog group claims that its undercover investigation found widespread bias against tenants receiving federal housing assistance.
New York Times · 20 March 2021
Black Americans are often unable to build wealth from homeownership in the same way their white peers are, in large part because home prices are generally set by the people who make up the majority of buyers: white Americans.
New York Times · 18 September 2020
Digital mortgage platforms have the potential to reduce discrimination. But automated systems provide rich opportunities to perpetuate bias, too.
New York Times · 17 March 2021
Several banks have announced initiatives totaling billions of dollars that are aimed at addressing racial inequalities, but observers say the programs need to be carefully tailored.
StarTribune · 14 March 2021
Minnesotans have done a great job of studying reporting, and making goals to address racial disparities but have not moved on the racial disparities that exist in homeownership.
Edina Sun-Current · 10 March 2021
The Homes Within Reach program is intended to save affordable single-family homes in Edina, rather than seeing them torn down and replaced by luxury homes.