Why is Minneapolis/St. Paul inflation low? We missed the pandemic population surge


Sunbelt cities recorded big increases in population during the Covid-19 pandemic, which has resulted in significant housing inflation in those markets. In Minneapolis/St. Paul, meanwhile, prices have stayed relatively cool.

That's one of the takeaways from a Wall Street Journal report that explores how regional inflation is driven to a large extent by housing costs, which have surged in markets like Tampa and Atlanta in recent years. That trend was exacerbated as waves of people moved south during…

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