An update to a hyper local story in my hometown is useful for participants in the American form of government across the nation. Despite all the cynicism about politics, the insistence that the politicians are indifferent to the moods of voters, it turns out elections really do matter. First, some back story. Earlier this year…
Chart: North Dakota Building Permits Set A New Record, Beating Previous High By 57%
A housing shortage in North Dakota has pushed rents in some parts of the state so high that they’ve made national headlines. But the state is quickly catching up. Via Mark Perry, check out the chart above from the St. Louis Fed showing issued building permits for privately-owned single family homes. You can see the…