The Minneapolis-St. Paul area ranks high for housing affordability and employment, and ranks low for inequality. How do they do it?
According to The Atlantic Senior Editor Derek Thompson, no other place “mixes affordability, opportunity, and wealth” as well as Minneapolis does. According to him, one strategic move done by local government that has proven beneficial was by spreading the wealth to its poorest neighborhoods, making quality of life high just about everywhere.
Furthermore, local governance in the Twin Cities has historically encouraged high-income communities to share “not only their tax revenues but also their real estate with lower and middle classes,” as opposed to coastal cities such as San Francisco that is notorious for discouraging affordable housing.