Nick Erickson
@nserickson
Followers
1K
Following
6K
Media
1K
Statuses
13K
Executive Director @HousingInst | Housing Policy @housingfirstmn | Contributor @HousingNews_mn | Bring Back New Starter Homes
Eagan, MN
Joined May 2009
Starter Homes See It All In 2008, my then-girlfriend bought this quaint and cozy (i.e. small) 650-square-foot, 1-bed home in St. Paul’s Como Park. I will never forget the elated phone call I received when her offer was accepted. She was elated to be a homeowner in her 20s.🧵
1
0
10
Minnesota is not yellow… Yet Kicking the can down the roads isn’t a plan to address the housing shortage.
Does your state light up yellow in the maps below? If so, it was a part of the wave of bipartisan housing affordability reforms that swept across the U.S. in 2025. https://t.co/lEFExNYddu
0
0
1
DC YIMBYs and Housing Peeps If you are heading to the @AEI Housing Center conference this week or are in the area and want to connect, hit me up.
0
0
1
Short term rentals generally make up very little of the market. Where they do make up a large share , second homes and vacation rentals were a large share of the market long before the housing crisis.
Are short term rentals impacting the housing shortage? Not in Utah says report from @UtahTaxpayers
https://t.co/LoY6HqSOj2
0
1
3
Strict Parking Mandates don't just raise costs, they can be used to as a bulk control to limit parking for new units. w/ Single-Family, a 2-car garage with 30-foot front setbacks = Parking for 4-6 cars (depending on size) Let the property owners decide how much they need.
Study: Removing parking requirements results in more affordable housing being built https://t.co/SuMdNgoGUv
1
0
2
Study: Removing parking requirements results in more affordable housing being built https://t.co/SuMdNgoGUv
minnpost.com
Denver followed the lead of cities such as Minneapolis, Austin and Boulder, which have all recently abolished parking minimums.
0
1
2
This ⬇️
If you build more housing, it becomes cheaper. Might be shocking to some people, but supply and demand never fails.
0
0
2
Rent control has brought development in St. Paul to a grinding halt and damaged the reputation of the Twin Cities around the country - @EvanRamstad
startribune.com
The city is already growing more slowly than was expected this decade. Rent control would be as damaging as it's been in St. Paul.
1
5
36
"The hallmark of the real estate market these days is there are few good choices with low inventory and high prices — rental or owner-occupied" https://t.co/AUSwxUjdzZ
startribune.com
People over age 65 account for 15% of Twin Cities renters, up nearly 27% since 2013.
0
0
0
Rep. @SpencerIgoMN: The work isn’t done; we have a lot of work to do to get the state’s housing policies back on track. #mnleg
0
0
1
Sen. @jordanrasmusson: What is the American Dream? It is homeownership. We need smart housing policies in our state that will help deliver the dream to the next generation. #mnleg
1
0
1
Housing First Minnesota 2025 Legislators of the Year: Rep @SpencerIgoMN and Sen. @jordanrasmusson. Both were co-authors of the Minnesota Starter Home Act @HousingFirstMN
#mnleg #housing
1
0
1
Impact fees as 15% of the total project budget for new housing in Palo Alto is insane. Housing is a community benefit. Until we approach it with that mindset we’ll never solve our housing issues.
Palo Alto just released a financial feasibility analysis of development in its downtown. Key takeaways: -Nothing is feasible under current market conditions -Removing impact fees—which are over $100/square foot and ~15% of TOTAL cost for midrise housing—would have a huge impact
15
26
190
We’re one more home closer to ending veterans homelessness in Minnesota https://t.co/tr54hZxmXc
@HFMNfoundation
finance-commerce.com
Housing First Minnesota, Lennar, and MACV celebrate a new home for veterans in St. Paul, advancing the Housing for Heroes initiative.
0
0
0
When and where governments allow it, starter homes CAN be built.
Builder works to keep new homes affordable for Utah families by building starter homes. https://t.co/btuedxOw55
0
0
0
Updated look of the absolute dominance of institutional investors on the U.S. single-family housing market.
19
32
237
Goldman Sachs' economic team dives into the housing shortage, and its findings are yet another call tos address the most significant barrier to supply: fragmented land use rules https://t.co/URxgqlp3FR
0
0
1
Bloomington, one of the half-dozen cities in MN to take comprehensive action on housing, eyes zoning changes for missing middle housing. https://t.co/9dd2qcydvB
finance-commerce.com
Bloomington is exploring zoning changes to boost “missing middle” housing, adding more options like triplexes and fourplexes for diverse households.
0
0
0
Great to see North 20 in Rosemount get the attention it deserves https://t.co/D9rcQNTBgP
twincities.com
A Rosemount brewery, a St. Paul staple, and an elegant bar.
0
0
0
Earlier this year, you sold a 1,440-square-foot home in Richmond for $520,000. The same property last sold 11 years ago for $285,000.
There is no housing shortage. Millennials just don't get to live in their first choice neighborhood and need to get the h*ll over it.
187
670
14K
At the risk of being a broken record, we need policymakers at all levels working to address declining housing affordability, not blocking needed and overdue reforms.
From Real Estate News: Homeownership hasn’t been affordable in over 4 years https://t.co/qWwGJgu6iE
0
0
0