Jan
23
Job Diversity Sustains Denver’s Economy
ByThe city’s strong employment growth continues to push up the metro’s population, maintaining housing demand at high levels, especially for low- and medium-income residents.
Denver’s strong employment growth continues to push up the metro’s population, maintaining housing demand at high levels, especially for low- and medium-income residents. Lack of affordable housing options continues to be an issue, although the city council plans to add roughly 26,000 affordable units in the coming years. Development has been robust, with more than 17,500 units completed since the start of 2016. As a result, rent growth has now slipped 20 basis points below the 2.5 percent U.S. growth rate…
