Tag: housing

Rural Minnesotans are more likely to own their homes outright

By Phil Jensen Owning a home outright, or without a mortgage, can relieve strain on a household budget. Households without a monthly housing payment can achieve a higher standard of living with the same earnings, or can get by more easily with lower incomes. For these reasons, outright homeownership can especially impact households with smaller ...

Restoring the churn to rural housing markets

  By Marnie Werner, VP Research I’ve been talking a lot about child care in the last month, and in those presentations, I’ve been telling people how the two biggest barriers to attracting workers in rural areas is a lack of child care and a lack of housing. This week, instead of child care, I ...

The Workforce Housing Shortage: Getting to the heart of the issue

Providing housing for a community or region’s population is complex and dynamic. A healthy housing market should be able to provide housing for most people and their diverse needs through a combination of natural churn and new construction. In rural areas, however, economic and demographic forces are at work creating a housing shortage that many communities ...

Realtor.com: Out in the Country, Home Buying Isn’t Idyllic at All

EXCERPT: “Affordable housing is tougher to find in much of rural America—home to about a fifth of the nation’s population—than in the country’s big cities and prominent suburbs. ‘Rural areas across the country have not recovered from the Great Recession as well as bigger cities [have],’ says Bob Rapoza, executive secretary of the National Rural Housing Coalition, ...