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Tag: Housing affordability

Gaines: Net migration math doesn’t lie—Denver’s policies aren’t working
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Colorado Accountability Project, Approved, Commentary, Local

Gaines: Net migration math doesn’t lie—Denver’s policies aren’t working

By Cory Gaines | Commentary, Colorado Accountability Project Small wonder on Denver's Net Migration A recent report by the conservative-leaning Common Sense Institute (see the CPR article linked first below), has it that Denver's net migration -- inflow take away outflow -- has fallen over 50% in the last decade.Keep in mind that the net migration is still positive, more people are coming than leaving, but we have a decrease in the increase. Quoting the article (with link left intact): "The state's population growth has declined by nearly 53% in the past 10 years, according to a new report released by the Common Sense Institute, a non-partisan research organization. The study measured net migration, which is the difference between people moving into the state and peo...
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Trump Floats Tax-Free Home Sales to Unleash Real Estate Revival
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National, Approved, Newsmax

Trump Floats Tax-Free Home Sales to Unleash Real Estate Revival

By Brian Freeman | NEWSMAX President Donald Trump said on Tuesday that his administration is thinking about adopting a policy to eliminate capital gains taxes on the sale of a house. Speaking at the Oval Office, Trump was asked about the importance of having "no tax on home sales capital gains to unleash the housing market." Trump responded, "We are thinking about that. But it would also unleash it just by lowering the interest rates. If the Fed would lower the rates, we wouldn't even have to do that. But we are thinking of no tax on capital gains on houses." Rep. Marjorie Taylor Greene, R-Ga., posted on X a video of Trump's statement and thanked him "for supporting my No Tax on Home Sales Act." READ THE FULL ARTICLE AT NEWSMAX
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Colorado’s Housing Crisis: Not Enough Homes Fuels Third-Highest Rent in America
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State, Approved, denvergazette.com

Colorado’s Housing Crisis: Not Enough Homes Fuels Third-Highest Rent in America

By Marissa Ventrelli | The Denver Gazette Colorado had the third highest rent and fifth highest home prices in 2023, according to a first-of-its-kind analysis from a zoning group. Compiled by a group called National Zoning Atlas, the analysis examined zoning codes in all 334 of Colorado's jurisdictions to assess how zoning affects housing affordability in the state. Of those 334 jurisdictions, 275 have zoning codes — but not all are openly available to the public, the analysis said. "Affordable" housing has been a top priority of Gov. Jared Polis since he was first elected in 2019, a goal shared by policymakers, though they often sharpy differ how to achieve that aim. Some push for greater density as a solution to many of the state's urban problems. In Denver, that reason...
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$440/month? Colorado homeowners crushed by soaring insurance bills
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CBS Colorado, Approved, State

$440/month? Colorado homeowners crushed by soaring insurance bills

By Sarah Horbacewicz | CBS Colorado Homeowners insurance is getting more expensive, and in a high-risk state for hail and wildfires, some Coloradans are feeling the financial pinch. Rocky Mountain Insurance Association says Colorado ranks second in the nation for hail insurance claims and ranks second for the number of homes in high-risk wildfire areas. Colorado also has the sixth-highest homeowners insurance premiums.  In the 25 years she's lived in Broomfield, Melinda Endres says she's never seen a bill like this June's mortgage. "I thought it was a mistake. I thought, are you kidding?" Endres said, "We get this letter saying that it's going to increase to over $2,000 now, and that's more than $300 a month." So Melinda said she called her broker, and they told her tha...
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Hancock: The future of Colorado hangs between boom and blackout
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Approved, Commentary, Rocky Mountain Voice, State, Substack, Top Stories

Hancock: The future of Colorado hangs between boom and blackout

By Michael A. Hancock | Commentary, Substack There's a difference between dreaming big and hallucinating. Colorado's progressive legislators have yet to figure that out. Once a beacon of frontier grit and entrepreneurial promise, Colorado is drifting into a twilight of self-imposed stagnation. This isn't the result of some unforeseeable external shock. No. The decline is being engineered — brick by legislative brick — by a political class more interested in social signaling than in fostering economic vitality. The question isn't whether Colorado faces a reckoning. The question is whether we will admit the cause before we hit the wall. Let's start with energy, the lifeblood of any serious economy. Colorado holds a wealth of natural resources—oil, gas, coal, and uranium— all of ...
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Colorado’s gray wave drives up costs, exposes policy gaps
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Approved, State, The Colorado Sun

Colorado’s gray wave drives up costs, exposes policy gaps

By Thelma Grimes | Colorado Politics “The only reality in the world is that we are going to get older and we’re going to die.” Nobody can escape that reality, according to Christian Itin, a member of the Colorado Strategic Action Group on Aging. “I think we need to remind folks that this will happen to me,” he said. “It will happen to you. It’ll happen to your family. We can’t put our heads in the sand and hide from that reality.” In Colorado, the older population is growing fast, with ramifications for the major challenges the state already faces, notably housing, healthcare costs and workforce needs. It also affects student enrollment, which, in turn, means a direct impact on school financing.  Many have sounded the alarm over Colorado's graying population, saying thi...
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