[Chef]

The Minneapolis city council largely ignores NIMBYs and seems to have convinced a lot of the city electorate that housing shortages will cause more gentrification in the long run than development will. City rents have increased by about 50% in inflation adjusted terms over the last two decades, and the Twin Cities have one of the lowest vacancy rates in the country, people are starting to worry about seeing coastal rents here and realize that rising rents and tight supply go hand in hand.