Research suggests rent control actually “decreases affordability, fuels gentrification and creates negative spillovers”
rent
Opinion: Proposition 123 will help working families stay in Colorado
Without it, housing costs will remain out of reach, and people will leave
Denver rents are up 20% since 2019. They’re still rising, but not quite as fast.
What’s Working: A version of this story first appeared in a segment of our weekly What’s Working column on July 23, 2022. Additional details are included in this story. Read the full column. >> Sign up for the newsletter Just like home prices, rents are still much higher than they were pre-pandemic. According to Zillow’s […]
Opinion: Denver landlords are required to heat their rentals. They should also cool them in the summer
Even before summer officially arrived June 21, it had been hot in Denver — record-tying hot. As temperatures soared into the high 90s for multiple days, Denver tied all-time heat records on June 11 and June 13. If you’re fortuitous enough to have air conditioning or cooling, you probably stayed home in the cool air. […]
Colorado passed new laws intended to help tenants. But those affected by the Marshall fire say they’re not working.
Before the Marshall fire burned about 1,000 homes in Louisville and Superior and rained potentially toxic ash on hundreds of others, Colorado strengthened laws for tenants doing battle with landlords. One law change in 2020 prohibited price gouging, including for rent, after a disaster. Another recent legislative update said landlords have 24 hours to address […]
In Colorado’s current real estate market, is it better to be a renter right now?
What’s Working: This is a segment of our weekly What’s Working column. Read the full column. >> Sign up for the newsletter Feel like there’s no chance you can buy a house? You may be better off renting anyway. With national average mortgage payments of $2,576.39, that’s above average rent of $1,589 in Colorado, according […]
In Colorado’s heated real estate market, is it better to be a renter right now?
What’s Working: This is a segment of our weekly What’s Working column. Read the full column. >> Sign up for the newsletter Feel like there’s no chance you can buy a house? You may be better off renting anyway. With national average mortgage payments of $2,576.39, that’s above average rent of $1,589 in Colorado, according […]
What’s Working: Same Denver house, same price, but $190 more per month
The biggest inflation news this week erupted Wednesday as the Federal Reserve announced the largest interest rate increase since 1994. While expected, that doesn’t make it any easier for those hunting for a new house, especially in Colorado, and realizing the monthly cost may have gone up hundreds of dollars in one week. But don’t […]
Boulder County housing prices are still climbing 6 weeks after Marshall fire
Sandra Thomas-Comenole can’t rest yet. Seven weeks after her family lost their home to the Marshall fire, she, her husband and three of their children are in their third house since the fire tore through neighborhoods in Superior, Louisville and unincorporated Boulder County. As the weeks tick by since the fire, Thomas-Comenole and her family […]
Proposition 120: Voters will decide if Colorado property taxes will go down — at least for some
Colorado’s residential property taxes are already among the nation’s lowest, but a measure on the 2021 statewide ballot would drop them ever lower — for some. Proposition 120 would, if approved by voters, reduce the property tax assessment rates for multifamily housing to 6.5% from 7.15% starting in 2022. If you owned affected property valued […]