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

denverite.com

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

#91

Post by scblock »

at-fates-hands wrote: post #44
DaveZale wrote: 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.

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.

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

#92

Post by JumpCrisscross »

tptacek wrote: post #90
JumpCrisscross wrote: post #89

Earlier quoted context omitted.

> We can work on reducing the barriers to building more housing of any kind while also advocating for more social housing development One of the NIMBY lobby's greatest wins was putting these options on the ends of a policy spectrum. They're not. They're complementary. If it's cheaper to build, it's cheaper to build social housing. And if you have a vibrant construction sector, you can build more public housing faster…

They're not always complementary. For instance, IZOs are a social housing intervention, and work against the goal of increasing supply.

> IZOs

This [1]?

[1] https://dhcd.dc.gov/service/inclusionary-zoning-iz-affordabl...

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

#93

Post by JKCalhoun »

jeffbee wrote: post #35
JKCalhoun wrote: post #21

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.

You may object to it, but a home has been the smartest investment I've ever made.

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

#96

Post by tptacek »

JumpCrisscross wrote: post #92
tptacek wrote: post #90

Earlier quoted context omitted.

They're not always complementary. For instance, IZOs are a social housing intervention, and work against the goal of increasing supply.

> IZOs This [1]? [1] https://dhcd.dc.gov/service/inclusionary-zoning-iz-affordabl...

Sorry, yeah, IZO/IHO --- rules requiring some margin of AMI affordable units in new developments (which makes new development harder to pencil out, while giving warm fuzzies to locals who want to genuflect to affordability while still fencing out new neighbors).

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

#97

Post by spankalee »

MangoToupe wrote: post #48
mgfist wrote: post #24

Earlier quoted context omitted.

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.

People in poverty have to pay for housing. Reducing the price of housing helps them, and may even help them climb out of poverty. Building more housing reduces the price of housing.

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

#98

Post by spankalee »

MangoToupe wrote: post #55
jeffbee wrote: post #45

Earlier quoted context omitted.

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

> Lowering the rent stops people from becoming homeless which is a necessary element of ending homelessness. Sure but by this reasoning you could justify any effort as sufficient. At some point you have to make the personal judgement on what effort is enough. I don't really see any effort focusing on anything short of homelessness as worth the oxygen in the room it consumes.

Who said anything here about "sufficient"?

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

#100

Post by MangoToupe »

spankalee wrote: post #97
MangoToupe wrote: post #48

Earlier quoted context omitted.

> 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.

People in poverty have to pay for housing. Reducing the price of housing helps them, and may even help them climb out of poverty. Building more housing reduces the price of housing.

> People in poverty have to pay for housing.

No, they don't have to. That's a decision our society has made, and in my opinion it was a horribly evil one.

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