Search found 6 matches

by paul
February 22nd, 2018, 10:13 am
Forum: Minneapolis - General Topics and Citywide Issues
Topic: Condo Rental Caps: Economics and Equity
Replies: 21
Views: 2512

Re: Condo Rental Caps: Economics and Equity

I got some data: No Rental Caps Saint Anthony NE, Centre Village, Crossings, Grant Park, Itasca Loft, River Station, River Towers, Riverview Tower, Rock Island Loft, Sexton Lofts,Stonebridge Lofts, Winslow house, 20% Cap 918 Lofts, Calhoun Place, Groveland Terrace, IMS Lofts, Loop Calhoon, Loring Wa...
by paul
February 20th, 2018, 11:58 am
Forum: Minneapolis - Downtown
Topic: Gaviidae Common / Downtown YMCA
Replies: 114
Views: 10673

Re: Gaviidae Common / Downtown YMCA

Thrivent would make more sense if they want the HCMC crowd.
by paul
February 20th, 2018, 11:58 am
Forum: Minneapolis - General Topics and Citywide Issues
Topic: Condo Rental Caps: Economics and Equity
Replies: 21
Views: 2512

Re: Condo Rental Caps: Economics and Equity

The criminal-background check requirement that condos impose on potential tenants disqualifies this (and probably most similar) condos from FHA loans. In this economy, Associations are happy to forgo FHA approval. Check out the downtown condos on the FHA site. https://entp.hud.gov/idapp/html/condloo...
by paul
February 20th, 2018, 11:43 am
Forum: Minneapolis - Downtown
Topic: Gaviidae Common / Downtown YMCA
Replies: 114
Views: 10673

Re: Gaviidae Common / Downtown YMCA

YMCA is exploring a Downtown East satellite location. City and County and nearby employees are being surveyed.
by paul
February 20th, 2018, 11:34 am
Forum: Minneapolis - General Topics and Citywide Issues
Topic: Condo Rental Caps: Economics and Equity
Replies: 21
Views: 2512

Re: Condo Rental Caps: Economics and Equity

I don't have any data either, but I frequently look at large condo buildings in Hennepin County as investment properties. Usually, the MLS listings don't have property caps but the ones that do have rental restrictions seem to have lower prices. But, I don't have data just some casual observations, ...
by paul
February 20th, 2018, 10:55 am
Forum: Minneapolis - General Topics and Citywide Issues
Topic: Condo Rental Caps: Economics and Equity
Replies: 21
Views: 2512

Condo Rental Caps: Economics and Equity

Hello, This is my first StreetsMN post. I’m on the board of a large downtown condo that is considering a rental cap. (A rule that limits the percentage of units that may be rented) This seems like a bad idea. It is anti-renter and I think it will hurt property value. What do people think? Has anyone...

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