Minneapolis- Landlords Dream or Home Owners Nightmare?

[Account Closed]

The city eliminated all single family zoning and approved multifamily  throughout the city .Read on

https://www.inman.com/2019/10/25/minneapolis-has-officially-eliminated-single-family-zoning/?utm_source=dailyheadlines&utm_medium=email&utm_campaign=localnewsletter&utm_content=759438_textlink_5_

[Jeff Willis]

California has SB 50 which does exactly the same thing.  Calif, like Minneapolis, cloaks the real purpose under terms like "affordable housing, inclusive neighborhoods, transit-friendly, etc." but it is for the sole purpose of increasing political power and tax revenue.

Housing costs X dollars per S/F and that will not change, and it is not affordable by the standards needed to create self-sustaining low-income housing. Until the states and local Governments provider tax property breaks, there will not be low income housing, but that would go against their plan.