External Resource - Minneapolis Fed Article: How New Apartments Create Opportunities for All

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Via the Federal Reserve Bank of Minneapolis:

Market-rate rental construction in Minneapolis has freed up more affordable homes for households across the income spectrum. . . .

Article Highlights:

  • “Chain of moves” creates vacancies across metropolitan areas

  • 100 new market-rate units lead to 70 new vacancies in lower-income neighborhoods

  • Increasing the housing supply is a strategy to increase housing affordability

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External Resource- NMHC Report: Rent Regulation Policy in the United States