This senior property tax exemption has saved Colorado’s older homeowners millions. But it also has an equity problem.
As lawmakers continue their efforts to address housing issues, the exemption that’s less available to people of color will get a hard look with an eye toward fairness
As Colorado’s older homeowners consider moving, a hot housing market often keeps them stuck where they are
Equity in their current homes doesn’t buy what it used to, so some figure the prudent move is to adapt what they have. That makes the market even tighter.