Dear Neighbors,
Minnesota’s housing crisis is not a situation that’s going to solve itself.
A shortage of over 100,000 homes has led to 600,000 Minnesotans being cost-burdened, paying more than 30% of their income in housing. The average age of a first-time home buyer is now 38 years old, a record high. Eviction filings are through the roof. And there isn't a single county in the state where a family earning the median income can afford the median-priced home.
Simply put, housing costs too damn much - whether you are a renter or a prospective homeowner, and we hear the same thing whether you live in urban, suburban, or Greater Minnesota. Yesterday, we introduced our bipartisan Yes to Homes legislative agenda that aims to unlock the production of more homes - especially the kind of homes that too often are blocked because of over regulation. We put together this agenda with colleagues from both sides of the aisle, and organizations and advocate groups that rarely see eye-to-eye. It’s an incredibly broad coalition, all seeking the same goals: - Build more homes
- Build them faster
- Build them to be affordable
You can learn more about our agenda in our Star Tribune op-ed, which you can read here. |