Quote:
Originally Posted by Vermilion Villager
(Post 1968755)
Most of us Minnesotan's are known for our fish tales....FACT people DID NOT leave Minneapolis and St. Paul in droves because of 3 days of civil unrest (riots if you will). Communities that are 50 miles from the Twin Cities HAVE BEEN bedroom communities for at least 30 years. Yes...more people are living farther out because they cannot afford the high home prices in the Twin City metro area. My townhome in Maple Grove has almost doubled in value since 2008. Lake homes in Northern Minnesota have tripled in the last 3 years and real estate agents are going out of business due to lack of inventory
Morale of the story...this is happening everywhere!
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Depends on where one gets their information, I would think. "Homers" like The Star Tribune, Pioneer Press, KARE, WCCO, etc. etc. are going to be glossing over the facts for obvious for various and obvious reasons. One has to be able to look beyond the propaganda.
This is not new, by the way. At least fifteen years ago as I recall (maybe more) a Twin Cities publication had a well-researched article that quantified the loss to Minnesota represented by people moving south and west due to economic reasons. I cannot recall the exact numbers but the loss to Minnesota, both in people and in the taxable income and spending power they took with them, was in the billions of dollars. It was so bad, even at that time, that the then-Governor of Florida once joked publicly that he was thinking of sending the Governor of Minnesota a thank-you card for all the people from Minnesota flooding into his state and bringing their toys, spending power and financial resources with them. It was bad then. I can only assume, given the current situation, that it is even worse now.
Today? Again, if one is willing to look beyond the propaganda, things ARE even worse. An article by one Justin Lee, a writer focusing on where and why people move, summed it up nicely in an article "Moving Decisions: Is It Time To Leave Minneapolis, MN?" Which appeared on the website of Nexus Auto Transport on September 6, 2020 (about the same time we sold our house, as a matter of fact). In the article he lists seven reasons why people are leaving Minnesota in general and Minneapolis in particular, doing a good job of providing information for each. The reasons, in the order Mr. Lee listed them, are 1. the Pandemic; 2. violent protests and escalating crime; 3. efforts to de-fund the police; 4. economic disparities; 5. harsh winters; 6. the high cost of living; and 7. the shift towards remote work. One might find it informative to check this, and other like articles, out.
A couple of examples from personal experience: First, the couple that bought our home were residents of a first-ring Minneapolis suburb, who saw the house on the third day it was listed and made an offer of substantially more than we were asking within a matter of hours after seeing it. Second, a former co-worker of my wife's, once working from home became possible, saw the handwriting on the wall regarding how fast things were degrading in the Minneapolis area and availed himself of the opportunity to leave not just his home in a suburb of Minneapolis but the entire state of Minnesota, moving here to The Villages, as a matter of fact.
As much as we loved Minnesota, we decided to leave once we saw the handwriting on the wall.