Meet the people being priced out of Denver as surging housing costs outpace wage growth

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The Colorado Futures Center has been tracking migration and has found “increasing churn” in and out of Denver, particularly in areas of the city especially vulnerable to economic pressures, said Je…

— the difference between those two numbers — dropped significantly in 2021, to 15,477. It was Colorado’s weakest net migration number since about 2005, the state found.

Melissa Mejía serves as the director of state and local policy at the Community Economic Defense Project, which helps support Coloradans facing evictions. She said that, of the people she grew up with on Denver’s Northside, none have been able to afford to buy a house in the neighborhood.Gustavo Navarrete Hernández and his partner Atanea Gonzalez Ramoz hang out with their children Vladislav, 11, Lestat, 9, and Yaotzin, 6, at the family’s home in Denver on Tuesday, March 21, 2023.

The couple house-hunted for about two years during the pandemic, searching for a Denver place in the $350,000 range. “There’s a limit to having a well-functioning economy if folks through the entire profile of what you need for a healthy labor market can’t afford to live in a region,” she said. “If we don’t have enough folks to work in the service jobs we rely on every day, at some point, things start to become a challenge.”While not far from Denver proper, the message Mitchell received from his homebuying experience was that he wasn’t the target audience for the city where he was born and raised.

For fun, Whiskey looked up apartments in Long Beach, California, where she went to school — and was shocked to see she wasn’t paying too far off from that in Denver. “It feels like the city doesn’t care here, which feels silly to say, but I just can’t justify the price for what I was getting,” Whiskey said.

Climbing rents, and the moving costs when he could no longer afford apartments, led to the slow decline of his entertaining lifestyle. In Denver, Fetch said he was paying $300 a month for his car insurance, which is now $200 a month cheaper. What Fetch lost in fun he’s making up in funds. The family used up their savings trying to make ends meet, he said, but were eventually evicted from their one-bedroom apartment when they couldn’t make rent.

 

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Has certainly been strange watching the Northside turn into a Mecca of middle class white folk from out of state

Once they destroy Colorado like they did CA, where will the Millennials go next?

Too bad for those who moved here but what about those that were born here and going through the same thing!

Groceries gas power everything here is too expensive. Visiting Arizona and see the grocery stores here with nice Frits and veggies. Colorado this is by design. We are getting screwed by democrats

The free market will moderate the economy.

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In 1970, there were too many jackasses movin' in...Hence, NATIVE. Bumper Sticker...Denver is Way past Ruined...

Colorado Native who finished retraining after Mapquest was sold to AOL in 2005 at RRCC. Then trapped into being an Unpaid Caretaker for an Aging Toxic Malignant Narcissistic Sociopathic Parent 2005-2010 in Lakewood. Got the house at the bottom of the market.

Yet our government does nothing because they pocket the money from millionaires

Money to do all those fun things but no money for housing? It’s called priorities.

Poor people are annoying AF. Your poor life decisions are not my problem.

Colorado is full! Don’t move to Denver or Colorado if you can’t afford it. And let’s don’t force cities to destroy their neighborhoods to make it easier for people to move here

…and you have to pay to even read the article 😂

There is a price tag associated with all the fun things there is to do in CO. Work hard, play hard.

A lot of less expensive places. Wichita, Tulsa, Oklahoma City, Lincoln

remnants of the Airbnb lobbyist grift.

It was their decision to have kids before becoming fiscally stable. Ever heard of planned parenthood? Free condoms... Poor people literally need condoms.

Just remember, they promised inflation was transitory.

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