There's some new construction in Minneapolis, but I think a big issue is that a lot of other regs haven't been updated to really enable lower cost apartments. e.g., I think the insane parking requirements still exist? From a red tape point of view it's just so much easier to build a single family home, even if the location makes more sense for a small apartment building or a quadplex.
Anecdotally, I've seen a lot more construction happening in Minneapolis in the last few years than I did 10 years ago, so I think there's at least some movement in a positive direction. It's still an insanely sprawling metro, with miles upon miles of single occupancy detached houses right next to downtowns. I think the only thing that controls the price of housing here is just that the bad winter weather puts the breaks on the influx of new people.
There's some new construction in Minneapolis, but I think a big issue is that a lot of other regs haven't been updated to really enable lower cost apartments. e.g., I think the insane parking requirements still exist? From a red tape point of view it's just so much easier to build a single family home, even if the location makes more sense for a small apartment building or a quadplex.
Anecdotally, I've seen a lot more construction happening in Minneapolis in the last few years than I did 10 years ago, so I think there's at least some movement in a positive direction. It's still an insanely sprawling metro, with miles upon miles of single occupancy detached houses right next to downtowns. I think the only thing that controls the price of housing here is just that the bad winter weather puts the breaks on the influx of new people.