Rocky Mountain Voice

Tag: Housing Costs

Denver Inflation Climbs To 5% As Fuel Prices Drive Costs Higher
The Denver Gazette, Approved, Local

Denver Inflation Climbs To 5% As Fuel Prices Drive Costs Higher

By Bernadette Berdychowski | The Denver Gazette The Denver-Aurora-Lakewood metro area recorded a 5% rise in prices in the last year, according to federal data released Wednesday for the month of May from the Bureau of Labor Statistics, the highest level seen since 2023.Denver is trending higher than the national annual average of 4.2%.Denver’s inflation was the second-highest among 12 metropolitan regions in the nation after Urban Hawaii in May, according to the BLS. The federal agency tracks inflation across 23 cities. Data from the three biggest cities — New York, Los Angeles and Chicago — are released monthly. Meanwhile, the federal agency releases data from the rest of the cities like Denver every other month. A surge in prices following the pandemic pushed inflation t...
$100K Income Now Falls Into Lower Middle Class Bracket In Colorado
kdvr.com, Approved, State

$100K Income Now Falls Into Lower Middle Class Bracket In Colorado

By Alix Martichoux | KDVR (NEXSTAR) – A six-figure income used to be shorthand for “rich.” Now, it’s barely enough to get by in many parts of the country, including Colorado. And it’s not just California and New York where families are feeling the pinch. The rising cost of housing, childcare, groceries – and well, just about everything – has stretched households’ income further and further. Even big earners have found themselves living paycheck to paycheck. In a dozen states, a household income topping $100,000 isn’t considered particularly high. When compared to other earners, it’s actually considered “lower-middle class,” according to an analysis by MoneyLion. READ THE FULL ARTICLE AT KDVR
When a remodel turns into a $60,000 lesson: One builder’s run-in with Colorado’s regulatory system
Rocky Mountain Voice, Local, Top Stories

When a remodel turns into a $60,000 lesson: One builder’s run-in with Colorado’s regulatory system

By Jen Schumann | Rocky Mountain Voice When Rob Treta started expanding a small home for his girlfriend in Arvada, he thought he was dealing with a familiar problem—delays. “I submitted the plans and I said, ‘Hey, tell me what I need to do,’” Treta said. “They told me three to four weeks. It took 22 weeks. Nobody ever mentioned asbestos.” Treta has been building in Colorado for 30 years. He has worked across multiple counties, pulled permits, remodeled homes and built from the ground up. What changed isn’t entirely clear—but Treta said what he ran into felt unlike anything he had seen in decades of building. “I’ve probably built 60, 70 projects in my 30 years,” he said. “And I’ve never run into this before. Never.” This wasn’t how his projects usually went. It star...
Lawmakers Debate Fee Based Plan To Cut Insurance Costs With Hail Resistant Roof Grants
The Colorado Sun, Approved, State

Lawmakers Debate Fee Based Plan To Cut Insurance Costs With Hail Resistant Roof Grants

By Bente Birkeland | The Colorado Sun Colorado insurance premiums have risen 65% in 5 years. Hail storms are mostly to blame. Colorado lawmakers want to impose a per-policy fee on home insurance providers to raise $20 million a year for a program that would provide grants to homeowners to protect their properties against hail. The hope is that the program will protect enough Colorado homes against hail that insurance rates will drop across the state. A similar effort failed last session. In the last five years the average premium in the state has gone up 65%, according to the National Association of Insurance Commissioners. That makes Colorado one of the top-10 most expensive states in the country for homeowners insurance.   Climate exp...
Lawsuit Fallout Could Cost Turnberry Residents Millions In New Taxes
The Denver Gazette, Approved, Local

Lawsuit Fallout Could Cost Turnberry Residents Millions In New Taxes

By Sage Kelley | The Denver Gazette Homeowners of a small neighborhood in Commerce City remain confused and irate about the future of their property taxes in the aftermath of a lawsuit between the metropolitan district where they live and a bank. The conflict stems from a 2023 lawsuit in which UMB Bank in its capacity as trustee, alleged the BNC2 Metropolitan District No. 2 was improperly diverting property tax revenue for “administration and operations,” rather than paying back the bonds on which the property taxes were assessed. BNC2, a metro district of about 330 homes, oversees one-third of the Turnberry development. Other lawsuits between three metro districts alleged the administrator overseeing BNC2 at the time — and many other metro districts — took cont...
You can’t afford your government: The cost of Colorado’s “affordability” agenda
Rocky Mountain Voice, Commentary, State, Top Stories

You can’t afford your government: The cost of Colorado’s “affordability” agenda

By Dave Kerber | Guest Commentary, Rocky Mountain Voice Here we go again. Another crisis has materialized demanding our immediate attention and action. In the 2024 elections, Democrats took to lamenting the unaffordability of stuff in America to sweep to victory. Absent in those campaigns were any suggestions as to exactly how to make things “affordable” nor was there any mention that it was the Democrats with their massive post-COVID, Inflation Reduction Act spending that crammed money into the economy causing the rapid increase in inflation and economic unhappiness. Trump initially responded that affordability was a hoax, that the price of gas was down, and that little girls only needed two dolls not thirty-four. After being mocked by those who caused the crisis, he ...
More People Are Leaving Colorado as High Costs and Regulations Take Toll
Colorado Politics, Approved, State

More People Are Leaving Colorado as High Costs and Regulations Take Toll

By Vince Bzdek | Colorado Politics It’s finally happened. Buried in all the self-congratulatory reports about Colorado reaching the 6 million mark in population last year was news that should be keeping our political leaders up at night. For the first time in 20 years, more people left Colorado to go to other states than moved here from elsewhere in the country, 12,100 more. “More outs than ins,” the state demographer’s office said in a statement. I’ve been dreading this moment for years. Colorado’s total net migration – the number of people coming here versus the number of people leaving – has dropped by over 50% from 2015 to 2025. That means Colorado’s population growth has now slowed to its lowest level since 1989, according to the state demographer...
Colorado Homeowners Face Property Tax Shock After Temporary Relief Expires
Colorado Politics, Approved, State

Colorado Homeowners Face Property Tax Shock After Temporary Relief Expires

By Marianne Goodland | Colorado Politics Mike Fitz, 76, who lives in Centennial in a single-family home he has owned since 2001, paid $3,876.98 in property taxes to Arapahoe County two years ago. Fitz just learned after checking the website of the Arapahoe County Assessor’s Office that his 2026 tax bill has shot up to $5,435.47, and that already factors in a discount of $750 for the senior homestead exemption. That translates to an increase of nearly 30% or more than $1,500 over two years for the Colorado resident on a fixed income from a combination of Social Security payments and a pension from Gates Rubber. Indeed, the new year is bringing sticker shock to many Colorado homeowners like Fitz — property taxes are rising and some will see increases ranging from ...
DPS Enrollment Drop Points To Deeper Budget Crisis Than School Closures Can Solve
The Denver Gazette, Approved, Local

DPS Enrollment Drop Points To Deeper Budget Crisis Than School Closures Can Solve

By Nico Brambila | The Denver Gazette Enrollment losses in Denver now outpace what school closures alone can address. Denver Public Schools (DPS) Superintendent Alex Marrero is expected to present an update on the district’s enrollment to the board at its meeting this Thursday. During an October count, the district reported an enrollment decline of roughly 1,200 students and about $18 million in lost annual revenue, said Bill Good, a district spokesperson. Because of a practice known as “smoothing” — which averages pupil counts over three years, rather than a single year — the immediate impact has been reduced to about $9 million. READ THE FULL ARTICLE AT THE DENVER GAZETTE
Colorado’s Housing Crunch Shows Signs of Easing but Costs Still Bite
The Denver Gazette, Approved, Commentary, State

Colorado’s Housing Crunch Shows Signs of Easing but Costs Still Bite

By The Gazette Editorial Board | Commentary, The Denver Gazette The cost of housing has soared in our state in recent years, outpacing income growth and making it especially challenging for lower-wage earners and younger, entry-level workers to afford rent. Buying a place of their own is an even taller task for many. It all has led to much public debate and, inevitably, hyperventilation by politicians pledging to solve what they have dubbed an affordable-housing “crisis.” The panic also has led to a lot of misfires by policymakers.  Among those are proposals that would put the squeeze on providers of rental housing, presuming them to have bottomless pockets. Rent control is an example. There also have been various policy prescriptions making it harder to evict tenants. Some o...

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