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Homeownership gap in the Twin Cities is highest in the nation


Homeownership gap in the Twin Cities is highest in the nation
Racial homeownership gap in the Twin Cities highest in the nation
A surge in single-family rentals in Hennepin and Ramsey counties is eliminating options for minority and low-income buyers. 
June 27, 2021 6:31pm
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The racial homeownership gap in the Twin Cities is the highest in the nation and has only widened over the past two decades, especially in neighborhoods where investors have snapped up hundreds of single-family homes now used as rentals.
That practice, according to a new report by the Urban Institute, is eliminating options for would-be buyersin some of the most economically challenged and racially diverse neighborhoods in the metro area at a time when house listings are at historic lows. ....

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