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DRAFT Market Analysis <br />Lino Lakes Comprehensive Plan Update <br />September 2006 <br />Page 9 <br />HOUSING CONDITIONS IN NEARBY COAIRIUNITIES <br />Age of Housing Stock <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% of it having been built <br />since 1970. Forest Lake, being a small freestanding community prior to suburbanization, has the <br />largest proportion of housing stock more than 30 years old at roughly 31 %. Blaine began suburban - <br />style development in the 1960s and has had consistent growth each decade since. Therefore, much <br />of its housing stock is spread somewhat evenly over several decades. <br />Pct. of Housing Stock <br />100% <br />90% <br />80% <br />70% <br />60% <br />50% <br />40% <br />30% <br />20% <br />10% <br />0% <br />Age of Housing Stock <br />as of 2000 <br />Lino Lakes <br />Source: 2000 US Census <br />Blaine <br />Hugo <br />Forest Lake <br />® 1990s <br />■ 1980s <br />❑ 1970s <br />❑ 1960s <br />• 1950s <br />• Re 1950 <br />Household Tenure <br />There is very little rental housing in Lino Lakes or any of its rapidly developing neighbors. As of <br />2000, more than 96% of Lino Lakes' households were in owner - occupied units. Forest Lake was <br />the only community with fewer than 90% of its households in owner - occupied units. This is largely <br />because Forest Lake developed initially as a freestanding community that regularly constructed rental <br />housing to meet the needs of a small but growing employment base. <br />