The headline doesn't bring quite the nostalgia of the kids movie from the early 90's, Fievel goes West, but it is what is happening to the Twin Cites light rail transportation system.
“How’s the market?”, asks the man politely, hoping to sound interested in his acquaintance’s work as a realtor. For this polite but skeptical man has been around the sun a great many times, and real estate (as an investment) is all but a fool’s errand in his mind. To him, whatever can be gained in this boom will most certainly be lost before he knows it. As the man departs from the conversation, he reassures himself of his own cleverness. Burying cash in his yard has yielded much more value to his property than a risky investment ever could.
Much ink has been spilled over whether it is best to rent or buy. There are reasons to advocate for both sides; however, this is not an article about the advantages of one over the other. Instead, our underlying assertion is that all Millennials should own real estate, and in most cases, the sooner the better.
The Minneapolis 2040 Plan will, arguably, be the most impactful document for Minneapolis residents, and even those in the greater Twin Cities, for years to come. If you haven't read the whole thing, we don't blame you. Coming in at just under 500 pages of light reading, it is hard to make it a priority, yet there are several important things to consider, especially when it comes to housing.