We read two stories this past week that seem at odds with each other.
Minneapolis, the state’s biggest city, is growing at its fastest pace since 1950. Renting an apartment, or buying a house, is getting increasingly difficult because supply isn’t meeting the demand of newcomers, Greta Kaul of MinnPost writes.
“Between 1940 and 1950, Minneapolis added more than 29,000 people, an increase of 6 percent, according to U.S. Census data. By 2020, the Metropolitan Council projects that Minneapolis will have added about 40,000 residents since 2010, an increase of more than 10 percent,” she reports.
Minneapolis’ population is nearing 420,000 while St. Paul’s is over 305,000. The Twin Cities area is over 3 million people and contains over half the state’s population of around 5.52 million.