Why Finding a Budget Friendly Apartment is Seemingly Impossible in Denver
Posted by West + Main Homes on
Why is it so hard to find a reasonably priced apartment in Denver right now?
Westword gives us a vision of what's going on.
One reason is that so few of them are being built, because developers continue to focus the vast majority of their resources on projects that only rich people can afford.
Indeed, a new study finds that 88 percent of apartment projects built within Denver city limits in 2017 and 2018 to date fall into the luxury or high-end category. And believe it or not, this number is actually down from the percentage of high-end projects built over the previous few years.
The report, just issued by RENTCafe, identifies the disproportionate number of luxury apartment buildings under construction as a national trend. Across the…1065 Views, 0 Comments