Good morning, readers.
As we've been reporting on the impact of migration trends on U.S. cities, one trend we've noticed is the so-called donut effect, in which residents were moving out of city centers and into the surrounding regions as the cost of living in the urban core — and especially housing prices — spiked.
You can see an example of what this looks like in the Twin Cities of Minneapolis and St. Paul, Minnesota, where Ethan Nelson of the Minneapolis/St. Paul Business Journal has…