The data is proving our strategy is working — increased housing supply helps keep rents down. And when coupled with deeply affordable housing investments, which we are presently producing at record rate, we have a model that others cities can follow.
Data source: @pewresearch
Voters' decision Tuesday to cap annual rent increases at 3% sent developers into a frenzy, prompting some with stakes in Minnesota's capital city to pause projects. strib.mn/3o3JsIn
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