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• <br />• <br />• <br />places. Any long -term projections of the housing market at a local level must first be viewed <br />with an understanding of historical housing market trends at the metropolitan level. <br />Regional demographic and construction trends associated with the Twin Cities housing market <br />since 1960 are summarized in Table 4 -1. <br />Housing Conditions in Lino Lakes and Nearby Communities <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% having been built <br />since 1970 (Chart 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 />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 />Chart 4 -1: Age of Housing Stock <br />Age of Housing Stock <br />as of 2000 <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 />1 <br />Lino Lakes: Lino: W of Park Lino: E of Park Blaine <br />Total <br />Source:2000 US Census <br />Hugo Forest Lake <br />• 1990s <br />• 1980s <br />• 1970s <br />❑ 1960s <br />• 1950s <br />• Pre 1950 <br />4 -3 <br />