An Affordable Housing Boondoggle
25th April 2019
Thanks to its urban-growth boundary, Denver has a housing affordability problem. Apartment rents have increased by 65 percent in the last decade, while the nationwide cost of living in that time rose by just 18 percent and rents nationwide increased by an average of 28 percent.
If you restrict supply, the price goes up. That’s elementary economics, too elementary to appeal to state ideologues legislators.