Priced out, packed in: Colorado renters squeezed by costs, policy gridlock and population growth
Colorado’s affordable housing crunch – especially in the rental sector – has been building for years. Reports from the Common Sense Institute and Bell Policy Center trace the tipping point to around 2015, when demand consistently began outpacing supply.
The last decade has seen rising home prices, stagnant wages and insufficient new construction which has made the situation worse due to recent immigration pressures and allegations of resource allocation issues.