This is hardly proof that the affordable housing crisis is over.  Where are
these 4% of units?  What is the mean/median/mode rental rate on them.  Is
this in Mpls? Mpls-St Paul.  All the suburbs?  How many of those units are
on decent bus lines?  What is the definition of affordable.

How much of this vacancy rate is based on people packing more adults than
is safe into less units?  What is the cost of "affordable" housing.  One
statistic for one quarter does not make a trend.

Robert Schmid
Central

> Was I the only one who noticed the rental vacancy rate has gone from
> 2.1% to 4% in just one quarter? And that figure is going to keep
> climbing.
>
> Saturday's paper has the change noted in the usual spot.  Chair
> Mondale, Mpls City Council, and all policy makers who have other un-met
> funding needs:  Here's a news alert.  Other projects are more deserving
> of funding. The affordable housing crisis has passed.  Those of you who
> desire more funding for other good causes, now is the time to re-double
> your pressure on the elected officials.  Show them Saturday's paper,
> tell them to
> re-prioritize their funding goals.  The avalanche of funds that are
> starting to go into 'affordable housing' can still be diverted to other
> worthy projects in the city.
>
> One of the great things about this list is that you can re-read old
> posts. So like Cassandra, my predictions go un-heeded.  Like Churchill,
> I can say I told you so.
>
>
> Craig Miller
> Former Fultonite
> [EMAIL PROTECTED]
>
>
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