Denver rent, housing and growth
Denver's real estate market continues to break records, with buyers competing against deep-pocketed investors. This fierce competition has prompted some residents to reconsider their homeownership aspirations or even leave the city. The article delves into the complexities of living in Denver, addressing affordability and the differences between renting and owning. It raises critical questions about the future of the city, including its demographic shifts and housing market projections over the next 5, 10, and 20 years. Historical trends indicate that urban centers like Denver are becoming increasingly challenging for average buyers.
As the situation evolves, the need for policy responses to ensure housing accessibility becomes more pressing.