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Unpacking supply and demand in rent trends since the Minneapolis 2040 Plan
August 25, 2025
MINNEAPOLIS, Minnesota, Aug. 25 -- The Federal Reserve Bank of Minneapolis issued the following analysis:

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Unpacking supply and demand in rent trends since the Minneapolis 2040 Plan

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In 2019, the City of Minneapolis made national headlines when it adopted the Minneapolis 2040 Plan. This comprehensive plan (hereafter called the 2040 Plan) contained a mix of policy changes intended to encourage more housing affordability in the city. In our . . .

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