The housing crunch and changing lifestyle choices mean more people who could be in the market to buy a home are renting instead.
More and more renters in Denver make more than $100,000 a year, according to an article by Aldo Svaldi.
According to a new study by Apartment List, "Metro Denver had the largest percentage increase the past decade of any major metro in the number of households who rented and made $100,000 or more a year" writes Svaldi.
More specifically: "The number of renter households in metro Denver who clear that kind of income, which should be enough to buy a home or condo, shot up 146 percent between 2008-17. Nationally, the increase was 48 percent."
Svaldi surveys local housing market experts and Igor Popov, chief economist with Apartment List, for insight into what the data means for Denver residents and renters around the nation.
FULL STORY: The number of “rich” renters in metro Denver is surging
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Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
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Airbnb launches $250 million 'last-dollar financing' housing accelerator, makes first investment in Austin
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Guerilla urbanists are building DIY bus stop benches in Chicago
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Eagle County Government
Harvard University Graduate School of Design
Nashville Planning Department
The Architects Foundation
University of Cincinnati Online
The Pocatello Development Authority
The Urban Renewal Agency of the City of Pocatello
Journal of the American Planning Association