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Denver rent is back to 2022 prices after 20k new units hit the market

denverite.com

41–50 of 391 posts

Re: Denver rent is back to 2022 prices after 20k new units hit the market

#41

Now do KC.

Howdy, fellow KC resident. They are still building apartment complexes in Lenexa, but they are all near the Public Market, so. Not exactly the cheaper side of things. South KC is growing, but mostly higher-end homes it seems.

Re: Denver rent is back to 2022 prices after 20k new units hit the market

#42
post #31
post #20

[flagged]

communism? was there lead in the paint they painted your walls with? no real argument was made for communism, however a housing / renting market controlled by the government with regulations instead of letting the “free market” (((oligopoly))) run it’s course screwing over the poor and middle class while the richest of the rich pool all these profits to build bunkers and do stupid shit. yeah, a regulated market is be…

> was there lead in the paint they painted your walls with?

yes unfortunately as long as my landlord gave me the LEAD PAINT notice i didnt have any other options.

Re: Denver rent is back to 2022 prices after 20k new units hit the market

#43
post #16

Doesn’t rent need to keep going up so the top-heavy segment of retirees can have a steady stream of inflation adjusted income and capital gains for their remaining years? This doesn’t seem sustainable, politically

Residential real estate is very rarely a large component of people’s retirement savings or income in the US, and equities historically outperform real estate.

Re: Denver rent is back to 2022 prices after 20k new units hit the market

#44
post #3

Living in So CO, I smh at what's going on up there. The cost of living elsewhere in the state can be 1/3 to 1/2 the price. The govt and corporate employers could easily decentralize and stay in CO.

How far south are you? I lived in Colorado Springs for a few years as a ski bum and all my friends in Denver used to mock me driving back and forth, but my rent was almost $500 cheaper living in Springs.

You're 100% right though.

Re: Denver rent is back to 2022 prices after 20k new units hit the market

#45

It's a nice victory story for the YIMBYs hoping to win over the upper-/middle class trying to retain the narrative that the market will provide "affordable" housing (not what this even demonstrates, but anyway), but this isn't going to get people off the street. We need a public housing sector to appropriately meet everyone's needs. Otherwise this is just a game of justifying "who deserves housing", a discussion over…

Lowering the rent stops people from becoming homeless which is a necessary element of ending homelessness.

Re: Denver rent is back to 2022 prices after 20k new units hit the market

#46
It's really encouraging to see these kinds of success stories. I really hope people who are concerned about affordability start to view things from more of a "yes and" point of view. We can work on reducing the barriers to building more housing of any kind while also advocating for more social housing development.

Re: Denver rent is back to 2022 prices after 20k new units hit the market

#47
post #31
post #20

[flagged]

communism? was there lead in the paint they painted your walls with? no real argument was made for communism, however a housing / renting market controlled by the government with regulations instead of letting the “free market” (((oligopoly))) run it’s course screwing over the poor and middle class while the richest of the rich pool all these profits to build bunkers and do stupid shit. yeah, a regulated market is be…

> a housing / renting market controlled by the government with regulations instead of letting the “free market”

It's curious how the largest landowing families in New York and San Francisco are strong supporters of these anti-market policies.

Re: Denver rent is back to 2022 prices after 20k new units hit the market

#48
post #24

It's a nice victory story for the YIMBYs hoping to win over the upper-/middle class trying to retain the narrative that the market will provide "affordable" housing (not what this even demonstrates, but anyway), but this isn't going to get people off the street. We need a public housing sector to appropriately meet everyone's needs. Otherwise this is just a game of justifying "who deserves housing", a discussion over…

0.2% of Americans are homeless. Why is housing always about the homeless? Yes, getting people off the street is important. But there's few other topics where a solution that helps 99.8% of people is dismissed because it doesn't help 0.2% of people (I don't even agree that it doesn't help them, but I'll be charitable for the sake of making my point).

> Why is housing always about the homeless?

To me, poverty is basically the only thing worth talking about when it comes to politics. Nothing else is going to get me to the voting box—to me, a platform that doesn't focus on poverty reduction doesn't even understand the point of government, the economy, or trying to work together.

I suspect other folks who think this way are going to be disproportionately loud.

Re: Denver rent is back to 2022 prices after 20k new units hit the market

#49
post #35

Is it wrong of me to be sad that it's rent and not home prices?

Yes, it is in fact quite wrong and one of the biggest obstacles in American society is fetishization of homeownership.

Why is it wrong to want to have equity in the place you live? "Ownership" could be a house, it could be a townhome, it could be flat. But in the US, "owning" an apartment is very rare, while real estate investors buy up all the valuable land in the urban cores of cities and rent it.
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