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Several industry experts agree that the rental market in Minnesota’s Twin Cities has “quieted” in recent years. Notably, new housing construction permits, including those for mother-in-law units and additions to public housing, have dropped from 1,638 in 2021 to 1,130 in 2023.

In his first year as New York City’s mayor, Eric Adams released a plan to build 500,000 new housing units in the city by the end of the decade.

Last year, Florida lawmakers passed the Live Local Act, a law that banned rent-control measures, eliminated local barriers to new construction, and provided incentives for builders to include workforce housing in otherwise market-rate projects.

The National Multifamily Housing Council (NMHC) released a literature review analyzing the negative effects of rent regulations last week.

The Urban Institute released a new report last week, aptly titled “Place the Blame Where It Belongs.” Two things make this report stand out: (1) the speed with which it gets to the point and (2) the systematic way in which it debunks myths about housing affordability in America.

A lesson from Europe about housing policy

Wealthy New Yorkers with multi-million-dollar homes in the Hamptons are snagging rent-controlled apartments in New York City, paying rents far below market rate.

The Washington State legislature convened this week and housing affordability continues to be a priority for lawmakers. While some lawmakers have raised rent control in previous years, Senate Majority Leader Andy Billig (D-Spokane) signaled his intent to pursue other solutions. According to the Spokesman-Review, Billig “suggested this session might be a good time to push […]