"U.S. census figures to be released today show that Minneapolis lost about
3,000 residents between 2002 and 2003.  That's a slight decline from the
nearly 4,000 drop the year before, but compares to population loss from 2000
to 2001."  According to the U.S. census, total population for Minneapolis in
July 2003 was 373,188, making it the 47th most populous U.S. city."

Link to today's Strib article:  
http://www.startribune.com/stories/462/4844084.html

The 2000 census shows a population of 382,618, yielding a net loss of 9,430
since then. Keep in mind that 100,000 Minneapolis residents are under 19
years old.  

Can anyone else see a trend here?  Have you noticed all of the "for sale"
and "for rent" signs around town?

To solve your financial mess, you'll need to reverse this trend.  Perhaps
City officials (and journalists) should conduct "exit interviews" with the
people and businesses who seek greener pastures elsewhere.

It would be nice to know the reasons behind the exodus:

Is it rampant crime?
Is it intrusive government?
Is it oppressive taxation?
Is it lack of employment opportunity?

If you don't figure this out soon, the drop in commercial real estate values
will extend into the residential market.....at the very same time that
interest rates go up.  Not a good thing for anyone.

Vicky Heller
North Oaks and Cedar-Riverside



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