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Updated about 3 years ago, 11/18/2021
Twin Cities of Minneapolis and Saint Paul are SAVED
Well, Minneapolis and Saint Paul decided last night that 99% of Nobel winning economists just don’t know economics as well as they do and decided to adopt rent control and save the cities.
A 3% maximum rent increase every 12 months. That should really help spur new rental inventory. I mean unless insurance or property taxes or inflation go up more than 3%. Then it could go sideways.