Why is Twin Cities housing so expensive?

Low and mid-priced homes in the Twin Cities and its suburbs are virtually non-existent, and more would-be homeowners are priced out of the market.

In this video, Hennepin County Commissioner Jeff Johnson compares Twin Cities housing costs to comparable midwestern cities, and explains why it’s an outlier.

Click to read the full American Experiment report on housing affordability: http://americanexperiment.org/housing