351–360 of 391 posts
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Who said anything here about "sufficient"?
Nobody; you can read this. What's your point? I realize americans don't give a shit about the homeless; you'd have to be retarded to think otherwise.
Let’s interview the people living in all of these high quality new builds and see how much they’re loving or not loving their new digs.
Rents are high because landlords are greedy and are paying already inflated house prices. Owning is expensive because banks are greedy, pumping out the created credit for mortgages, which is an imaginary number based on no actual value, because somehow banks are allowed to create money! Here's the plot twist: you spend 30 years or even more (in Canada that has reached 70 years!) to pay the mortgage only to find out t…
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Why do you say this and why did you leave? I'm curious.
Because that’s Denver’s history. Founded by land speculators after beating Indians in the Colorado War of 1865, only to become a gold rush town, then go bust, become a gang haven, bust again, then boom again with Carnations, then bust again, then boom again with industrials and nuclear waste, to go bust again when nuclear power was divested, then to boom again in the 90s with more gangs, bust again, then boom again i…
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that's unlikely. the pipeline of new units will be slowing, it's just that a bunch of projects that got spun up at the peak are finally delivering, but new starts have been down so we're probably approaching the bottom of a trough
So this is at best a temporary fix not a long term solution
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just a little west of Pueblo. We're about 1/3 of the cost of living in the Denver area. We get plenty of migrants from the Denver area and elsewhere. Of course, the sales tax and other taxes are going up. Probably heading to a truly rural area with a nice community soon. I lived in many big cities over the years. They are toxic and unsafe. I know that because I worked in public health. If you look at the morbidity an…
Healthcare and schools in that part of the state are so bad that it doesn’t make sense for young families and older people.
So I'm back to trying to find a state and city that has good access to healthcare. We're a year from being empty nesters with both kids off to college so education isn't important. But I very much have the same reasoning.
Just because this doesn’t magically solve the housing crisis, doesn’t mean it’s not a good start. We have to stop looking at magical solutions that will solve all our problems in one shot. We have to start somewhere.
> because this doesn’t magically solve the housing crisis It does. Twenty thousand units represent about 5% of Denver's housing stock [1]. Commit to adding this many units to the housing stock every year for the next 10 years and you'll have solved the housing crisis. (You'll probably need to bail out recent homebuyers, who will be permanently underwater, but that's a separate issue.) [1] http://censusreporter.org/pr…
That would be an incredible commitment, and not something which has happened. This burst of new rental property is already subsiding, with an expectation that rents will again raise next year. Moreso, it would be hard to get private organizations to commit to building such a massive glut of property knowing that they are tanking the market that would pay back their investment.
That is why this doesn't magically solve the housing crisis.
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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.
Commuting from the Springs to Denver every day, so 22-23 days a month, 60-70 miles one way... Is that worth $500? Quick math: $4/gallon, 35 mpg, 120 miles a day, so $14/day in gas, plus extra maintenance, and the 3 hours a day of your life you'll never get back. Couldn't claim with a straight face myself that the math works.
And caveat, I wasn't going every day, A lot of the back and forth was variable depending on weather and conditions. The sad part is you can't either these days thanks to Vail. Also, gas was a LOT cheaper back then - it was hovering around $1.75 if I remember correctly so the math works a little better, but not really ideal.
One, maybe not the only one, hands off, automatic, 100% "all-natural", do nothing solution to the "housing crisis": Hope the birth rate , i.e., on average the number of babies born per woman, stays significantly under 2.0 or even 2.1, maybe 2.2. So, the population will shrink but with some maintenance (roof, painting of exterior siding, kitchen/bath, HVAC, windows/doors) mostly the housing supply won't. The Internet…
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That was what rentals were supposed to be. And then there was also such a thing as a "starter home". From what I see in Omaha, it's the developers that got greedy — figuring they could get more dosh turning a higher-end home than a starter home on the same lot.
That’s not greedy though? Are you greedy if you build more valuable software and then charge more for it?