The Star Tribune has a good article discussing the demographic changes coming to the Twin Cities in the coming years and how cities and housing are not currently designed for the needs of our aging population. The best explanation of the trend is found in their infographic:(image courtesy Star Tribune) So while new housing built in the last 20 years targeted larger households, the growth in households in the next 5 years is in smaller households. But not so fast! Currently there is a glut of townhomes and … [Read more...]
