Colorado boasts a population of almost 6 million people, that’s about the same size as the country of Denmark or Finland, but unlike those countries we still have problems housing every person. The unhoused, at last report according to Common Sense Institute was 12,488, that represents one quarter of a percent of the State’s Population. That’s .0025 for those who are more visually apt of the population in Colorado needing housing. Housing remains the most discussed topic in Colorado politics and socially.
Just this week Loveland and Commerce City announced plans for new affordable housing construction, while inventory remains a big issue in the Denver area. Read More below to find more about the inventory aspect.
Then down in the center of the State, Colorado Springs Mayor Yemi Mobolade discussed at length the problem of frivolous lawsuits against builders as a major problem to the market. Mobolade, who moved here from Indiana, is a Nigerian native and first progressive Mayor in the history of Colorado Springs.
“According to the Mayor, the problem is that since this legislation applies only to condos and apartment complexes, construction professionals are (understandably) avoiding those projects to avoid lawsuits.”
Meanwhile, west of the capitol in Glenwood Springs, residents of a 30 year-old trailer park got together and moved to a ownership model before a corporation forced them to move. Click the Photo to read more on this incredible story.
Also remember the series about Sheridan, Colorado continues this Friday as part 4 is set to release. We will continue to cover housing as we move forward this year. Please check back for more…