Lowertown’s decline continues
A couple of years ago, I wrote that: Shortly after moving to Minnesota in 2017, my wife and I went to see a Saint Paul Saints game. Arriving early, we…
A couple of years ago, I wrote that: Shortly after moving to Minnesota in 2017, my wife and I went to see a Saint Paul Saints game. Arriving early, we…
When St. Paul proposed a 3 percent rent control in 2021, American Experiment warned that such a policy would be disastrous. Specifically, ACE compiled a report on existing evidence on…
Early September, the St. Paul City council is expected to decide on what to do regarding the city’s heavily debated rent control policy. As reported by the Star Tribune, Dozens…
Anyone with basic knowledge of economics could have predicted that St. Paul’s rent control ordinance was going to be a disaster. That is one conclusion that numerous observers have made…
Earlier this year, MinnPost reported that since the passage of rent control, housing permits in St. Paul were down considerably compared to Minneapolis. According to the US Department of Housing…
The rent control ordinance passed in St. Paul last November has been a disaster. One of the strictest rent control measures in the United States, it capped annual rent increases at 3%…
Few things in life are as important as shelter. So, it is understandable that a lot of effort has been dedicated to ensuring access to affordable housing. But there seems…
As reported by the Star Tribune, St. Paul city officials on Wednesday unveiled a proposal that would provide five full-time employees and funding to administer the rent-control ordinance passed by…
The rent control ordinance passed in St. Paul last November is having exactly the consequences that were predicted before it was passed. If you set a price below a market…
The consequences of St. Paul’s rent control policy continue to pile up. While Mayor Melvin Carter is looking for a way to amend the policy, numbers show that construction has…
High prices are not problems in themselves; rather, they are symptoms of underlying problems which lead demand to outstrip supply. Digging into these underlying problems and their causes requires some…
Mayor Melvin Carter has been trying to make changes to St. Paul’s rent control ordinance before it goes into effect on May 1. To that, he announced on Friday that…
St. Paul’s rent control ballot is yet to come into effect, but the residents of the city are already seeing the consequences of the terrible policy. According to Pioneer Press,…
St. Paul’s Mayor Melvin Carter has expressed some concerns regarding the city’s rent control proposal even before it was passed. Specifically, he noted that the proposal was too strict and…
With trouble brewing in St. Paul over the city’s rent control ordinance, members of the Minneapolis City Council are taking notice and trying to avoid the neighboring city’s mistakes as…
After enacting one of the strictest measures of rent control in the nation, St. Paul is set to make a significant investment in affordable housing. As reported by the Star…
Prior to the passing of rent control in the Twin Cities, American Experiment published a report detailing the harmful effects of rent control and why it should not be passed.…
Over the weekend, the Star Tribune reported the following, Less than 24 hours after St. Paul voters approved one of the country’s most stringent rent control policies, Nicolle Goodman’s phone…
Good news: Minneapolis residents on Tuesday voted no on the proposal to defund its Police Department. Unfortunately, both Minneapolis and St. Paul residents voted yes on the proposals to enact…
If you live around the Twin Cities area, chances are you have seen the ad with a rich corporate landlord urging you to vote no on the rent control ballot…
In the market, prices are determined by the actions of buyers and sellers. In economics, this process is illustrated by the demand-supply curve. The demand curve has a downward slope…
Generally, economic theory and evidence have no support for any kind of price control that seeks to limit individuals from engaging in mutually beneficial transactions. But going beyond the basics,…
On Nov. 1, residents of St. Paul and Minneapolis will decide whether to give local bureaucrats the power to limit the rates by which landlords can raise their rents. Advocates…
Exactly a month from today, residents of St. Paul will vote on whether to allow the city council to enact a rent control measure that caps rent raises at three…