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4-3 <br />places. Any long-term projections of the housing market at a local level must first be viewed with <br />an understanding of historical housing market trends at the metropolitan level. <br /> <br />Regional demographic and construction trends associated with the Twin Cities housing market <br />since 1960 are summarized in Table 4-1. <br /> <br />Housing Conditions in Lino Lakes and Nearby Communities <br /> <br />Age of Housing Stock <br /> <br />In 2000 Lino Lakes had the youngest housing stock compared to its developing neighbors, with <br />nearly 50% of its homes being built in the previous decade and nearly 90% having been built <br />since 1970 (Chart 4-1). Forest Lake, being a small freestanding community prior to <br />suburbanization, has the largest proportion of housing stock more than 30 years old at roughly <br />31%. Blaine began suburban-style development in the 1960s and has had consistent growth <br />each decade since. Therefore, much of its housing stock is spread somewhat evenly over several <br />decades. <br /> <br />Despite Lino Lakes’ relatively young housing stock, the neighborhoods west of the Chain of Lakes <br />Regional Park contain a significant number of homes that are more than 30 years old. Nearly <br />20% of the homes in these neighborhoods were built before 1970. This contrasts with the <br />neighborhoods east of Chain of Lakes Park, which have less than 10% of their housing stock that <br />was built more than 30 years ago. <br /> <br />Chart 4-1. Age of Housing Stock <br />Age of Housing Stock <br />as of 2000 <br />0% <br />10% <br />20% <br />30% <br />40% <br />50% <br />60% <br />70% <br />80% <br />90% <br />100% <br />Lino Lakes: <br />Total <br />Lino: W of Park Lino: E of Park Blaine Hugo Forest LakePct. of Housing Stock1990s <br />1980s <br />1970s <br />1960s <br />1950s <br />Pre 1950 <br />Source: 2000 US Census <br />