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Report shows rental rates are rising

Published 06/18/2011, Alexandria Echo Press

The swelling ranks of Minnesota’s renters may soon face higher rents, according to data in the Minnesota Housing Partnership’s (MHP) latest “2 x 4” Report. In the first quarter of 2011, the report also found that new lows were reached for housing construction and permits, and that the recession’s spike in homelessness has failed to ease.

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