I have applied to countless construction and carpentry apprenticeships without avail. Everyone says we need bodies to build homes but when you ask around Denver nobody gets an opportunity because nobody wants to pay a living wage
I work in finance in NY. My friend lives in boulder and throws boxes for a living and is hard to make it. However I see a lot of new jobs in finance paying 100k at the entry level
@@Nick0wnsz I think the reality is that there are a lot of high paying jobs for people with degrees, but what many of those people don't realize is that most areas are also ridiculously expensive. In Boulder specifically $200k household income would make you middle class, and that might even be generous to assume. In Denver it's a little better, so most people who work in Boulder don't live there. I mean I know attorneys who work in Boulder and don't live there because it's too expensive. Meanwhile many of my friends who work more blue collar jobs are basically just trying to find a deal of a lifetime on rent so they can make ends meet. So many people who work blue collar jobs have to live far away from where they work, and eventually the place they live becomes gentrified and they have to move even further away, and suddenly your work force is moving farther away to the point where they aren't willing to commute anymore. Even with all the college students Boulder has staffing issues, because so many jobs don't pay anywhere near the wages it takes to live anywhere in a 45min radius. I'm a software engineer making pretty good money, but out here I'm just the norm. I see service workers at restaurants and I just want to ask them how they're making it. I just don't understand how people can live with this cost of living working normal jobs, jobs that keep the civilized world in order, when having jobs that are often considered lucrative is the baseline for living a comfortable life. Back where I grew up people gawk when I tell them what I make, but they gawk even harder when I tell them what my rent is. Same people think it's crazy McDonald is paying people $21/hr, but then they realize that's not even that good considering that after tax you're basically making just enough to pay rent.
@Nick0wnsz damn. Finance (front office) is probably the hardest to break in. I have a CFA and every job I have applied to - there are 100s of applicants with MBAs and CFAs. I live in Toronto, Canada though. What I found is that due to extreme competition, employers are now hiring people with ready-made specific skills - even at entry level jobs. Here in Canada, finance jobs covering oil industry are asking for oil finance experience - it's crazy competitive, or am I wrong. I suppose you are doing good in NYC. But I hope you have a life though:p
@@Nick0wnsz But you have to have years of experience. That's the dirty trick they don't tell you. When you are in college they make it seem like they actually hire people and train them. They don't.
Let's start with not allowing corporations to buy single family homes. They just turn around and put them up for rent via short term or even long term rentals.
The REAL problem is that local governments have 0 incentive to stop any practices that boost housing values when they will get elected no matter what if they are from one of the 2 parties. Higher property values = more taxes. Also there are tons of foreign buyers getting them through US-based relatives or LLCs. I had a landlord from China that owned ~10 properties in their daughter's name and had 30ish renters.
It’s illegal in Denver to do short-term rentals that aren’t the owner’s primary residence, but I think your point still stands when a small number of private equity groups buy up so much property that they can raise rent with insufficient competition.
@kimberiysmarketstrategy if you can't make money housing people, then it shouldn't be a business. Shelter is a right that should be afforded to everybody. Landlords are greasy thieves that profit from others' suffering.
We need to relax zoning laws so small individual homeowners can turn their single family home into multiple units. Combine this with competitive government subsidized housing and housing will be much more available and affordable
The reason why this country doesn’t want to build multifamily housing unit is because that single-family housing units are seen as an investment and makes money for everybody. it doesn’t matter if you’re in the city, the individual or the state. The city in the state get higher property taxes because single-family housing units are seen as an investment property meaning their value only goes up because everyone wants to invest and can invest. The only way for things to change is for an entire generation or two to stop buying housing and stop buying stocks of companies that buy housing. When no one wants to or can be able to buy single-family homes then the system shall change.
It's like saying "why are people allergic to a noble profession like teaching?" Yes, why don't you go all the way up to a master's degree (most likely with student loans) to make $40k? Why would I do that while I learn triple with my bachelor's?
Our economy struggling with uncertainties, housing issues, foreclosures, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.
"need attention" doesn't do shit+. We need policy change: #1 BAN corporations from owning residential property. #2 BAN depreciation write off for investors. This would create incentive to sell, as private owners don't have this. #3 Stop Black rock and vanguard!
"We need to build more affordable homes for people." -cuts to giant, single family houses under construction America is trying to do everything except build smaller, denser, more affordable housing. It's crazy. Not everyone needs a 4 bedroom mansion with a yard. We need to build a lot more town homes, duplexes, or (THE HORROR!) midrise apartments.
@BabyGirlDontEvenPlayYou can make condos if you really don’t like landlords . you own the apartment outright then. or we can build co-ops which is a shared system where you vote for who your new residents would be as you all collectively own the apartment building . These are a lot denser and you have the sense of ownership and with a co-op you have the sense of community and security .
The problem is that the builders responsible in our economy for creating home supply make much more money on single family homes than they do on denser housing solutions. And America still has an enormous amount of open land. Combine those two things, along with our late stage capitalism economic system which incentivizes chasing larger and larger profits and endless growth over everything else, and you see builders who just want to build the most profitable thing possible: single family homes. The problem is that behavior is very much not in the interest of the city of Denver, the state of Colorado, or the community at large. How do you disincentivize that behavior then? The solution is probably to put a large corporate tax on new developments. The further away from a metro area you want to build/develop homes, the larger the tax. With the goal of making it more lucrative to build high density housing in the city. There's also a clock running on this, as the longer we go without doing anything to actually stop what's been happening, the worse the effects get. Also, the less and less experience builders and their workers have designing and executing on the types of dense home projects we need. So the higher the cost gets for them, and the higher the bar becomes on the incentivization we'd need to create to build dense housing solutions. That will likely never happen, of course, because it's not in corporate interests to pass that kind of common sense law. So here we go, spiraling towards our own ruin because the politicians are owned by the corporations and the billionaires.
People want to own property, not live in some tiny rabbit warren apartment with rent that goes up every year. Even if the apartments you mentioned were built, people with common sense will move anyway.
Ironic, because I was in Denver last year and swear there were apartments going up everywhere I looked. Sounds to me like there's not a lack of housing, but a lack of affordable options.
Denver is building a lot, and the cranes everywhere certainly indicate that very starkly. But it still isn't being enough. It has quite a way to go, still. This is a large reason why options are unaffordable.
"cost of a home went up 65% in 10 years, and wages went up 20%" should be a red flag and should have legislation to prevent or else people wont be able to buy homes any longer as it snowballs and compounds
My wife and I are teachers and we used to live in the Denver area. On both of our incomes it was almost impossible to live in a safe apartment. We moved to Ohio, bought a 3000 sq ft 3 bedroom home and can now afford to have kids on the same salary
It's pretty obvious to any native of Colorado that there was a sense of unpreparedness from our Government as Denver grew too quickly. My God, it was like a feeding frenzy for a few years.
I visited Phoenix this year and I could tell that city's infrastructure was used to being that big.. compare to Denver which has the same main highways, same train lines, the same parks, the same buildings as it did 20 years ago when I was a kid, it feels strangely overpopulated
It’s not just Denver either every city in this state seems to be woefully unprepared for the pretty obvious population booms. Just wait until our water crisis comes to a head
You gotta love that there are so many jobs and yet I know so many people that aren't getting return calls or emails for ANY of them. That labor shortage seems real.....unreal.
As a Chicagoan, I love Denver. I love Colorado. The people are chill and nice, the weather is great, and the nature is unbelievably beautiful. if Denver could figure out their public transport system and housing, it'd be awesome
Welcome to Colorado dude, but as for the very unreliable light rail, it’s never been better. I just wish they were able to retain and maintain staff and the facilities.
Welcome to Colorado dude, but as for the very unreliable light rail, it’s never been better. I just wish they were able to retain and maintain staff and the facilities.
Welcome to Colorado dude, but as for the very unreliable light rail, it’s never been better. I just wish they were able to retain and maintain staff and the facilities.
Welcome to Colorado dude, but as for the very unreliable light rail, it’s never been better. I just wish they were able to retain and maintain staff and the facilities.
No. Lots of decent paying blue collar jobs. Problem is that people just starting are asking for unaffordable wages. More experience more money. I know vehicle mechanics techs living is 1mil plus home just from how much they get paid
@@unkyunghyou’re full of it. Mechanics get paid very little compared to what the shop charges the customer per hour. And it’s hard to make a living as a mechanic on flat rate. Only the very best make decent money.
As a Colorado native I can tell you our state is ran by real estate moguls who want to keep property values high. They could easily rezone for smaller affordable homes but they only want luxury or oversized homes.
Look at downtown Denvers renter market.... we dont have a housing shortage, we have a affordability shortage. Most apartment buildings in downtown denver are half empty and charging +$2000 for rent.
The current market/economy is unnecessarily tougher for boomers/senior citizens, I’m used to just buying and holding assets which doesn’t seem applicable to the current rollercoaster market plus inflation is catching up with my portfolio. I’m really worried about survival after retirement.
Yes, gold is a great investment and a good bet against the devaluating dollar, been holding some for awhile now, I’m grateful my adviser’s moment by moment changes in the market are lightening quick, cos who know how much losses I would’ve had by now.
I envy you, I’m still trying to recover from losses I incurred in 2021/2022, who is this investment adviser you work with, I’m intrigued and I could use some quality guidance
My CFA ‘’Marisa Michelle Litwinsky’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
I lived there from 1999-2019. I moved to the rural outskirts of NW Phoenix never looked back. I loved my time in Colorado/Denver and i’m proud to say I lived there but it became a shithole around 2015 or so. I owned a house in a great area, had a great job. But I just woke up one day and said I’m out. Sold my house 2 months later, moved to AZ site unseen.
Love how they said the population that grew up here isn't educated enough for a lot of the jobs and then mention how CEOs call every day asking to hit the immigrants.
So true. That’s because they will line up around the block to pay incredibly low wages. The funny part is that a lot of employment ads will require Masters degrees and offer you low wages as well.
A lot of people who have jobs that should pay decently but don't require education have to sleep in their cars. I'm talking welders, pipe layers, electricians, etc.
@@pestemmedico6369 The manipulation is strong 😂Who do they think they are fooling??! with technology at everyone’s hands today its only gonna backfire 💯 😂
@@calebtot littlerally knew someone that happened to him. Moved to Vegas and never looked back. At least in the desert, you’re not gonna freeze in your car like in Colorado. Screw that bs😂
The tax dollars pay for free housing for migrant workers. But to do that they have to cut local programs and services for Americans in Denver that pay those taxes. 🤦🏾♂️
So many lies by the governor and mayor in this video. If you live here you know. Teachers cant afford to live here. Air quality is crap that is why starting this year the EPA is requiring specially formulated gas due to surface level ozone levels. There are jobs but they typically dont pay enough for you to live alone. And over the past year more people have moved out of Colorado than in. We are losing native residents to other states due to cost of living increases of 100% over the last 5 years. Inflation is far outpacing the national average here as well.
As someone who has been here the last 15 years, 100% agree. I have known more people moving out to other states than coming in. I will be leaving soon as well. It is impossible to afford to live here.
Salt Lake City has become outrageously expensive and air quality continues to be poor. Houses are slightly cheaper than Denver but are still north of $500K.
Colorado is a fine state outside of the Denver metropolis or the highways out of there. Greater Denver looks like a salad bowl of smog from the distance. And then on Friday afternoons in the summer it’s bumper to bumper heading west into the mountains for hours on end all the way to Silverthorne/Breckenridge.
I live in a simple home with nothing extravagant. I get taxed on a luxury home. Colorado's economy has turned into California's economy with high taxes. Infrastructure is horrible.
Endless traffic, downtown businesses closed by the homeless issues, soaring drug use, awful roads, super expensive houses, freezing in winter, one of the highest crime rates in the country, a liberal government that demonizes law enforcement and outdoor activities that are now so expensive only 4% of people can afford to ski. Oh yeah, epic city.
The mayor and governor are ruining this city. Way to much focus on illegal migrants instead of housing prices for the middle class and infrastructure. People are looking for jobs but the moguls aren't willing to pay normal wages. 2019 was the peak of Denver.
As someone who has lived in the Denver Metro area for the past 25 years I’ll give you some perspective from my point of view. *The homeless population really started to climb when they legalized weed in 2012. And with the state no longer being a “swing” state the policies especially in Denver city limits exasperate the homeless issues especially with the recent influx of migrants * Traffic is awful here no matter the day. When I first moved here in 2000 you could zip around a lot easier, especially on the weekends. *If you want a job here they are readily available. It was much harder to find work here 25 years ago. Now will that job support the cost of living here well that’s another question. * The worst part though is the housing. In my area which is on the west side of the Denver Metro area you could easily buy a nice house for about 400-450k prior to Covid. Since Covid those same houses are now 800-900k and when they list they are sold in a few days. I have no idea how people can afford them with 7~8% interest rates, my only thought is most of them are moving in from other higher priced states like CA.
I have had some of those high-end tech jobs from California, and I have also just bought a house (my first house) this year at the high interest rates (not in Colorado though). I can tell you that even for me, with all the unfair advantages I have (because a lot of my situation is based on luck, not me being better than any other person in the labor force), I absolutely cannot touch a $900k house at 7%. I think I could find a bank that would approve me for that loan, but there's no way I could actually live with those payments. The people buying those houses fall into one of a few very specific categories: - Full Cash Buyers: People who have large amounts of non-labor wealth (inheritance, stocks, etc.), or are non-individual buyers like investors who buy houses to put them on the rental market. - 20-30% Cash Down Buyers: People who have enough cash on hand to put down up to 30%, bringing the payments on those houses down to around $5k/month for PITI (Principal, Interest, Taxes, Insurance). $5k/month is near the top of a household that has no other debt and makes $150k/year gross. - Older People Upgrading: People (mainly Boomer or Gen X) who bought their first house in the 80s, 90s, or early 00s, that are able to sell their current house for almost full or completely full equity and use those funds to greatly reduce the monthly payments. Those houses are not (mainly) going to people who just have tech jobs and are young, because at that price/interest rate combo, even they likely don't have the assets/cash on hand to actually finance a sale that large.
been in Colorado my whole life. This is pretty accurate. Unfortunately the legalization of weed definitely marked the beginning of the end Massive rise in homeless in the past 5 years. Traffic is a joke. Saturday traffic exists and is bad.. stand still traffic on i25 on Saturday, traffic up to the mountains There is a weird massive gap, because a bunch of high earners came from Texas and California, and can afford some of these insane things because they were offered insane salaries to come out here. Massive wealth inequality here
I've been in Denver for 10 years and this is completely accurate. The only thing I would add is that a lot of people move here for the outdoor activities, but now if you don't get to a trailhead by 6am to go hiking, there is no parking and you can't park on the side of main mountain roads. Going skiing also requires leaving at 4-5am, but then you sit in traffic for 3 hours on the way there and literally 4-6 hours on the way back. If you want to go outdoor rock climbing, you first have to battle the parking situation for popular spots and then stand in a line around a crowd of other people standing in lines for other routes just to go climbing. Denver is a mediocre city at best, with tons of crime, homelessness, and now too expensive for what you get. Definitely not worth it for the overly crowded outdoor recreation anymore. Great weather though.
Grew up there for 30 years and then had to move to the midwest because I couldn't afford it anymore. It was alright though, Denver is a terrible place for families and Minnesota has been a lot better
Denver also leads in gentrification. As a young millennial born in Colorado this boom hurt locals. I was unable to buy a home and barely could afford rent when I lived in CO. My home state is no longer recognizable its home to the rich and is pushing out the middle class and poor. I had to move where cost of living was reasonable and can proudly say I am a homeowner now. I miss Colorado all the time though, wish there had been jobs that paid a liveable wage there and housing was affordable.
I’ve been to Colorado 4 times in 30 years. It’s gotten crazier each time with the traffic. Not what it used to be. I really don’t want to make the problem worse for all of you by being another coastal transplant hogging up the roads. Roads/highways can’t handle the current population with the sprawl network, yet housing isn’t enough for demand. And transit stops are poorly located and have weak connectivity, resulting in low ridership. And westbound traffic on Friday afternoons is bumper to bumper all the way to Silverthorne/Breckenridge: I experienced that nightmare in broad daylight two weeks ago and it rivals LA unquestionably.
Born and raised in Denver. 1993-now. This city and state are trashhhhed. It is NOTHING like it was even 20 years ago. What a beautiful place and amazing life that used to be had here. I’m moving out as soon as I can save enough to get out… which is almost impossible because I work 2 jobs, 60 hour weeks and can nearly afford rent. If you are thinking of moving here. I wouldn’t. You will regret it everyday and be stuck financially if you want to leave. It’s a black hole of sh:t.
@@xMrCANNONx Funny how large, largely successful metro areas end up run by Democrats. It's almost like the Republicans were never able to bring in enough jobs and services to keep their jobs when those areas were smaller...
That’s everywhere in the US. I’ve been on too many forums and watched the national job market for a while and last year was rough nationally. I finally landed a job after a year (in CO). National statistics are 6 months last time I checked. It also depends on your sector. Some jobs can be extremely competitive. Keep your head up, keep looking and I wish you all the best in your search!
Been here all my life. All my family and friends are here. All the people who flood into the state ruin the chances of me being able to buy a decent home in my native state. Everytime you go to the mountains now its clogged with traffic and littered with people. Doesnt even feel like nature it feels like a museum of what it used to be. I can only imagine how native hawaiiens feel.
i really dont get it, it is a giant flat land, there are plenty place to build. been there couple time, living further sux but affordability is the last thing come into my mind when I drive by Denver. not like Seattle, you have lakes and mountains that limit the space to build. Danver is like Dallas, can expand all directions.
Lived in the Denver metro area from 2000-2021. The housing prices, traffic and just overall overcrowding just got too ridiculous. I loved the place when we first moved there, but around 2015 it just felt like it was going downhill faster and faster.
@@02nupe YT comments didn't seem like the place to post a diatribe, but number one on that list was housing prices. Two off my three children left the state because there was no way they could ever afford a home there. Add in the constant run-around of tabor with ever increasing fees on anything government related, property taxes that doubled over a 10 year period, Aurora became what seemed like a lawless ghetto and police state paradoxically at the same time, PPIR closed, Second Creek closed, Bandimere essentially forced out. The icing on the cake was the ever increasing draconian gun laws to the point that everything I enjoy doing in life there was becoming illegal. I could go on, but traffic was the least of my concerns. I didn't even mind the legal weed.
I had to leave Denver after 30+ years because it has gone to hell. I miss the way it used to be, but I live in a small town now and know I made the right decision.
European cities are denser and are also often nice to visit and *walk* through or ride the *public transit* through. Somehow, US cities just get to feel more crowded and congested without being denser per square mile. Can you guess why?
Colorado is the seventh state we have lived and worked in. Now that we are retired, we are even more active in our community. We loved the first five cities we lived in in the 1980s and 1990s, although now they deal with diminished employment, financial, and educational well-being. Our two most recent locations have real growth issues, among other common social problems. Perspective is important. Even when typical city and rural social issues are included, issues related to growth are better problems to deal with than the opposite.
don't forget the predatory landlord companies situated in florida that own most the rental buildings like Boutique/Wheelhouse. there's only like 5 companies that own all the buildings available for rent and that a 350sqft studio apartment is ~$1300-1500/mo and most of the new buildings are half empty and pad their 'residency' by using VRBO and airbnb and other "short term rentals". Denver needs to punish the real estate and venture capital corps that jack up rent and keep half empty buildings.
Denver was super boring for us when we went. People are nice but downtown closed at 10. The whole time I was there, they advertised for on the spot construction hires. A gentleman asked me if I wanted to make 30$ an hour and I laughed at him and said I make way more than that. 30$ is minimum wage to the cost of living in Denver
It sounds like Denver (and Colorado) simply isn’t a good fit for you. That’s OK… Typically, Coloradans are much more interested in nature and outdoor activities than they are in nightlife and partying. Hiking, rock-climbing, cycling, mountain-biking, trail-running, fishing, camping, snowshoeing, skiing, white-water rafting, kayaking, and much, *much* more. *That’s* why most people want to live here. I can’t imagine being bored by those things, but if you are, then someplace else would likely be better for you.
Colorado native and Colorado School of Mines alumni. Electrical Engineer in the power industry. Denver sucks, politicians and business leaders/practices ruined it. Lots of violence, full of drugs, no solution path for homelessness or immigration, traffic congestion, outdated infrastructure, inflated housing, unreasonable cost of living while being situated in the middle of the country... The list goes on. A lot of talking in Denver and Colorado, and not a lot of doing. Nothing to show for the years & years of suggested policy adjustments.
300 days of sunshine. Not including the floods, fire, cyclone snow bombs, tornadoes, snow, hail, breaking bones slipping on ice or nosebleeds from extreme dryness.
Born and raised in the Denver Metro area. I had a hard time growing up and barely graduated high school due to a lot of turmoil in my life. I am playing life on hard mode by trying to simply live where I grew up. Nevertheless, in my twenties I worked hard and gained a certification as a welding inspector which is supposed to be an excellent and high paying job. Nope, still doesn't cut it. Still can't afford to live here. So now I'm running my own business. It's been a year and a half since I started it but I have to live at home with my parents. It's looking like I might actually make it but damn its not easy. All these Californians moved here and oh look, it looks more and more like California every day. Oh the joy. Thanks, California. Scott Wasserman, you're not welcome here! Go back home.
Denver needs to do better but man it's the United States. People are free to move wherever. I moved to Denver for work because I graduated college and got a job in the Denver metro. I wasn't gonna go back to my rust belt hometown with no jobs in my field. Colorado needs to be better about supporting people who grew up here and part of that is actually funding our damn schools. Colorado is near the bottom in the country for funding primary education and it obviously shows.
Maybe I missed it but aside from the inflated housing prices, the cost of living, groceries utilities etc has also skyrocket with this growth while the city has taken more tax revenue than ever before. Not to mention these “skilled” jobs they need filled are being offered for 50-60k a year which certainly is not enough to afford a home let alone the triple tax and cost of goods
@@johansm97 The federal government ignoring immigration policies and the government not mandating e verification has allowed corporations and all kinds of small business owners to drive wages into the ground. Even National Public Radio understands that the use of cheap illegal labor dramatically affected wages in many sectors and now the only people who will work those jobs are immigrants.
@@firstlast8258 - Nah. It's gone. I just don't want the city I live in to become Bogota or Guadalajara. Is that difficult for someone like you to grasp?
The worst thing that happened to CO was being the first state to legalize weed. People moved here in droves. It was terrible. The over abundance of people completely ruined the front range. All that is over now though. The cost of living, especially housing, is so high now, people are moving out.
We have rich white kids in their 20s moving here, willfully paying obscene rent to corporate-owned housing, and none of those kids want to do the jobs that the state needs. I've lost count of the number of marketing majors in this town. Skilled labor and service industry workers can't afford to live here, and the answer is not better commuter options, it's reducing the rent. Corporate landlords have no reason to educe rent as long as people are willing to pay it, and they can afford to have large amounts of vacancy because unlike traditional landlords, they don't have a month-to-month budget for overhead. The federal govt needs to place a cap on the amount of housing that corporates can own, and the only way that cap can be circumvented is if building occurs outside of Denver city limits.
If you moved to Colorado and bought a home before Covid, then your mortgage is reasonable and everything is fine. But if you come after Covid increased prices by 50-75%, then housing costs will be a problem on the average salary. Summit County Colorado, where there are four ski areas, would have regular boom and bust real estate cycles. But once most of the land was built out the bust cycles went away. The same thing is now happening to the Front Range.
It has been a tough this year, filled with hardships and struggles globally. From economic challenges, job losses, market volatility, conflicts in various regions, and financial difficulties, it feels like everything has been going wrong. How can I make ends meet during these tough times?
It’s getting wild by the day. The prices of homes are quite ridiculous and Mortgage prices has been skyrocketing on a roll(currently over 7%). Sometimes i wonder if to just invest my spare cash into the stock market and wait for a housing crash or just go ahead to buy a home anyways.
Things are getting worse these days, if you don't find a way to multiply your income, you might wake up one day to realize you did not mean well for your family
What really bothers me is that none of these storimentaries talk about all of the native born coloradans who were priced out of their homes with the price of rent more than tripling. Denver's literally replacing its citizens with coastal elitist. With very little care! And the growing homeless population also not Colorado natives...
Live in Denver now, year 13 and the pricing is outragious and jobs can't keep up with the inflation rates. Probably will have to move sooner than later. A lot of people are getting priced out.
I dreamed of moving to Denver about 15 years ago, when the population was much less and could easily find a nice home under $400k. But too many people stresses me out as does being too poor to live there.
right? Each time I see a job ad for US-wide remote jobs, the salary range for CO is always lower than that of CA or NYC......like, Colorado is already a high cost of living state....
Too bad you have to drive in 90% of Denver. Would’ve been great to have build public transit w density back when you knew a bunch of people were moving there.
So in summary: Companies are underpaying workers, they are not willing to pay more, and are suffering a "labor shortage" as a result. Naturally their solution is importing... basically foreign slaves... I mean "migrants" and using them low cost labor. Did I miss anything?
lol, it's always the same message from CO's city/state officials: "Don't worry, things are looking great for the future, things are gonna be awesome!" Rinse, repeat
That's any of the officials of these hype cities. It's a scam that goes like this: 1. Advertise a city as the greatest thing in the world. 2. Wait for dummies to move in 3. Work with city officials to renege on all claims and make quite a good buck in the process.
There is no housing shortage in the Denver metro area. There is however a massive price gouge and flipping problem. There are literally thousands of listings for sale or for rent right now. But it really says something when one of my new favorite pastimes is scrolling through Zillow to admire the audacity.
I lived here over 58 years. Third worst air pollution in the world? Denver, Colorado. 170 bad things in the tap water, Denver, Colorado. First place, Stolen cars. Denver, Colorado.
Applied for nursing jobs with HCA in their med/surg departments in Denver. Applied to three hospitals, didn't get anything. They were paying $28 to start in 2018 as a new grad nurse. Definitely not enough to even pay rent in Capitol Hill to live near the hospitals at that point in time. Colorado is not it.
I think the states and Denver should start by compensating its workforce better. Most employees live in Lakewood, Littleton and surrounding areas. Johnston threatened his employees’ salary when he slashed the budget to aid undocumented individuals. At the same time, Denver’s crime has increased; therefore companies don’t want to invest in Denver.
Best way to fix the housing shortage is to continue to build luxury homes and luxury apartments. They say just to work hard and skip buying coffee, and it's attainable. Our generation must be so lazy.
The issue isn’t the luxury apartments getting built. It’s the affordable housing that isn’t. It’s unprofitable to build more affordable housing due to zoning laws and the amount of red tape to get through. The only things being built are single family homes and large luxury buildings. We need more small time landlords with each property being 2-10 units
Lazy partially, but more so entitled. Get a roommate, a girlfriend, or live with family like past generations did. There will never be enough housing for everyone to live alone in a one bedroom in a desirable neighborhood.
Struggling to keep up? Really? It’s experiencing sudden and explosive growth, and housing is being built more quickly than it has ever has been. Every single person moving to CO and Denver is a direct cause of urbanization of Colorado. And the state government keeps pumping promotion to continue growing. Housing prices have tripled in 10 years … it’s not healthy, sustainable, and all of the people moving are doing so on a marketed set of beliefs and don’t realize that they’re creating an unstoppable abomination in the area. The West is fleeting, and these people are the end of Colorado. Kiss it goodbye …
As a native to Colorado for 40 years now, our costs have skyrocketed and our state was NOT designed for this growth. There is a reason why we have bumper to bumper traffic everywhere. Most cities have 2 to 4 times as many highways as Colorado does. I miss what Colorado use to be 20 years ago!
I don't think as a CU Boulder graduate I would be able to afford a SFH in Denver. It is crazy to think that simple apartments are termed as Luxury ones as long as their appliances are replaced upto five years ago. And rent on those shoeboxes are 2200/2500 for studio/ 1 b1b.
I live in Colorado Springs and recently retired. My property taxes and insurance are increasing so rapidly that I may have to come out of retirement just to pay these exorbitant increases. My monthly escrow amount is what my mortgage was 10 years ago
According to every source that I found the average daytime temperature is well above freezing every month in Denver. Nighttime temperatures are shown as below freezing for the winter months but one doesn't get much sunshine at night in the winter anyway (tongue in cheek). So I don't know why you think the daytime temperature is below freezing for five months of the year. No doubt it's significantly colder in the mountains but we're talking about Denver proper.
The homeless problem, property crime, mass shootings, the migrant problem, the lack of affordable housing, wage gaps, the drug epidemic, suicide rates...I'm a Denver native and sad to see what this city has become.
@3:00 Nothing but truth!!! As a graduate of one of the university's here in the Colorado Rockies, I got way more job offers outside of the state than inside the state! BK
0:41 Do NOT let these freaks lie to you. There are over 5000 vacant homes in Denver RIGHT NOW. There are enough resources for all of us. Who are the ones saying there isn't? The rich.
Tell NIMBYs that R1 zoning, million required parking lots, and minimum lot sizing needs to go. You gotta be dense like European cities to enjoy less homelessness and cheaper housing. Smaller, yes, but *cheaper.*
@@ISpitHotFiyaa In fact, you do need density if you're going to have any substantial quality of life. Sprawl leads to "drive till you qualify", and yes, you get to SEE less homelessness that way, but it is still there. You spend more on services in the long run leading to continued flight, and you lose out on successful third places, job opportunities and cultural benefits.
@@nickmonks9563 No it doesn't. If you don't like "sprawl" then don't live in the suburbs. People like you telling other people how to live is exactly the problem with housing in this country.
@@ISpitHotFiyaa I'm not telling other people how to live. I'm explaining that if people want to actually solve the problem they will need to modify their expectations. If the place you can afford to live in is two hours from your job then you have a problem. That's the nature of sprawl. Sure, if you're lucky enough to have a high paying tech job near your suburb, good for you. But that's not the reality for most people. On top of that, suburbs are subsidized by their more dense counterparts (and by increasing new sprawl) because there is just so much more infrastructure to build and maintain, but not enough of a tax base to maintain it after around 20 to 30 years...which leads to people fleeing those suburbs for other ones or other cities, diminishing the tax base, making those locations unsustainable. Now people might be able to afford to live there, but the services are awful, employers don't want to be located there, and you're left with continued housing issues as a result. Density by itself doesn't solve the issue, but in conjunction with smart planning and incentives, it is a major component of building sustainable housing solutions, in addition to sustainable cities in general. That doesn't mean every locale needs to be a skyscraper riddled nightmare, but single family cul-de-sacs have very limited sustainability value in a housing crisis.
@@nickmonks9563 That's not the nature of sprawl. That's the nature of oppressive planning. People live two hours away because the cities two hours away actually allow houses to be built whereas the ones near the jobs are worried about sprawl and therefore don't allow houses to be built.
Really dumb to show strict Denver city-limits population rather than the 3.5 million metro population. Especially when most of this video is referring to the metro Denver vs. only Denver city. Super stupid and misleading.
I’m a 4th generation Coloradan and this region is getting so expensive. There’s also no jobs. Unless you want to break your back for $20/hour. You’re either educated or working in construction or oil/gas.
It started with Urban Renewal tearing down small homes and apartments for the new urbanism. SROs and flop houses disappeared from Larimer street. Development stalled during the White Flight in the 70’s and 80’s. After Silverado the developers started going whole hog tearing down and building Mac-mansions. I remember that this Front Range sprawl was predicted in the late 60’s, it’s always profits over planning.
There simply isn’t enough population in Denver for in-person jobs. In 2002, we were planning a new state of the art data center in Greenwood Village for Great-West Life. This nearly $200 million project was cancelled because it was forecasted that we would not be able to source the nearly 500 resources needed to staff it over a ten year period. While I was the IT Chief of Staff at Optiv, I regularly had 140+ open reqs for high paying technical positions and even opening up the search, both nationally and across near shore and offshore locations, we still couldn’t fill them.
That and people in Denver don't want to work on Friday's, either....at least that's what noticed working in tech. Everyone takes off and heads to the mountains. When I was living in Denver, I was surprised at how "lazy" everyone was compared to my working in other cities, and how the no one ever showed up to work on Fridays LOL. Friends who were managers in other cities that moved to Denver said that managing people there was "different".
Emma, your explanation of candlestick patterns is on point! This video really helped me understand how to identify trends better. Keep up the great work ��
The weather can be pretty crazy here. 300 days of sunshine? Not exactly. It can be in the 70’s one day and snowing the next. Or sunny in the morning and raining in the afternoon. The intermittent “warm then cold” can stretch for eight months. I don’t put away my winter jackets until June!! But summers here are overall really nice.
The issue that scott wasserman was talking about regarding the lack of people educated on colorado is FULLY a result of policy. colorado continually cuts funding for higher education to its universities making it too expensive for many to afford to keep going, even in state.
my dad is a construction worker here and he has had trouble finding work. so for me it’s surprising to see there’s a shortage or perhaps he doesn’t know where to look to find work. he does have some work but they pay a misery & it’s abusing. he loves what he does but people make him do hard work for pennies. 😢
The inability to create affordable housing and better paying jobs that aren’t just for HS kids anymore. Allow John, Bob and Mary make a livable wage working at Burger King or Dunkin Donuts (people have to work). This is another story coming from a city hoping that low income families can be happy being poor and struggling to keep up with their bills to ensure their city grows from the rich who want to take advantage from the city business friendship that is so openly promoted and accepted. Big profitable companies move into these cities take over local markets, government and even schools to ensure they find a way to keep generating just enough for the poors to stick around to boost the flimsy local economy while they keep building on their investments from housing and retail ownership. Trust me, it happened in my hometown Austin Texas. Doesn’t matter how long you lived through the good old days if you’re poor and a local your just a stranger to the rich who get to occupy a spot you use to frequent because it’s now unaffordable to live around that area. I lived Down Town on Brazos and east 6th street when loft apartments existed in the early 2000’s. The rent was only $1,100 a month for a large spacious loft apartment right on the most popular street in Austin Texas. Then all the new money moved in and I found myself stagnant on my wage growth as low income earners aren’t important enough to ensure their wages keep up with cost of living. So since this happened in the early 2000s and nothing has change what so ever only has aggressively gotten extremely worse, tells me that if you are a low income worker be ready to never retire from your job and you will be working until your at least 65 even maybe 70 years old. You mathematically will never keep up with inflation as it’s built specifically for only a very small margin to gain prosperity. If you think your not in this category because you make six figures, you better open your eyes because that day will come when you no longer can afford your mortgage payments, it’s built by the banks to ensure they always make more money off you then for you to ever own your home. If you don’t own your home by now then you’ve already lost. If you do own your home, be prepared to pay a tax you can never afford in your retirement. Your money will never keep up with inflation and so those taxes will be generated to ensure you have no foot hold to ever say you are a real home owner. If your are not a large corporation that has an extensive asset portfolio you are not important as you do not have the capital to be so, that is the horrible truth and just walk out your door and you will see it. By see it I mean the homelessness that runs rampant in your city that local officials try to hide from you (every city has this problem you just haven’t popped your bubble to see it, manly because you fear that you one day can be “these” people). Don’t say I didn’t warn you. ✨✌🏽🙃✨
I believe the population in the Denver Metro Area is shrinking now. More people are leaving then moving in. The cost of living, especially housing, is just too much now.
20 years in Colorado paying taxes, doing the right thing, adapting myself, learning the language, and telling everyone how great this country is. And you’re going to tell me that you’re going to give work permits and citizenship to somebody who just came here and disrespect the 🇺🇸 people and abuse the system? Dam.. you can do better Colorado
I live in the Denver/Metro. I don't know what CNBC is talking about. We're on our way down, and quickly. Homelessness, spike in crime, spike in expenses... what is this puff piece?
I live in Denver and moved here from California for a job in tech. The job laid off an entire division and now I have a new job, still as an SWE. The rent is the same but the pay is minimum 30% less than California.
Try to apply to a tech job here. You'll hear the same thing you hear everywhere else. You don't have 3 to 5 years experience for our entry level role, sorry!
@@HeadStronger-HS Thank you, that is 100% correct, and its a damn shame that native born Americans are getting screwed over for foreigners. What other country makes its citizens compete with the rest of the world for jobs?
Thank you for sharing such an awesome message.Glory to God my family are happy once again and can now afford anything for my family even with my Retirement.$57k weekly returns has been life changing, after so much struggles.
YES!!! That's exactly her name (Maria Angelina Alexander) so many people have recommended highly about her and am just starting with her from Brisbane Australia.
There’s a labor shortage because nobody wants to put in 40 hours a week and still not be able to afford housing. Pay people better and they will fill the labor jobs. Also, nobody wants to train anyone these days they just want to hire someone who’s qualified. There was always apprenticeships and on the job training, but that’s harder to come by these days.
I'm leaving Denver in June, it's gotten horrible to live here. Drug addicts everywhere, grossly overpriced houses, and now, they're trying to ban guns.
The new people in Denver have contributed nothing. They all seem to work remote, or have no job, and other than local tax contributions put nothing into the local system. All they do is take
I have applied to countless construction and carpentry apprenticeships without avail. Everyone says we need bodies to build homes but when you ask around Denver nobody gets an opportunity because nobody wants to pay a living wage
Hang in there dude, and I hope you get something soon
I work in finance in NY. My friend lives in boulder and throws boxes for a living and is hard to make it. However I see a lot of new jobs in finance paying 100k at the entry level
@@Nick0wnsz I think the reality is that there are a lot of high paying jobs for people with degrees, but what many of those people don't realize is that most areas are also ridiculously expensive. In Boulder specifically $200k household income would make you middle class, and that might even be generous to assume. In Denver it's a little better, so most people who work in Boulder don't live there. I mean I know attorneys who work in Boulder and don't live there because it's too expensive. Meanwhile many of my friends who work more blue collar jobs are basically just trying to find a deal of a lifetime on rent so they can make ends meet. So many people who work blue collar jobs have to live far away from where they work, and eventually the place they live becomes gentrified and they have to move even further away, and suddenly your work force is moving farther away to the point where they aren't willing to commute anymore. Even with all the college students Boulder has staffing issues, because so many jobs don't pay anywhere near the wages it takes to live anywhere in a 45min radius.
I'm a software engineer making pretty good money, but out here I'm just the norm. I see service workers at restaurants and I just want to ask them how they're making it. I just don't understand how people can live with this cost of living working normal jobs, jobs that keep the civilized world in order, when having jobs that are often considered lucrative is the baseline for living a comfortable life. Back where I grew up people gawk when I tell them what I make, but they gawk even harder when I tell them what my rent is. Same people think it's crazy McDonald is paying people $21/hr, but then they realize that's not even that good considering that after tax you're basically making just enough to pay rent.
@Nick0wnsz damn. Finance (front office) is probably the hardest to break in. I have a CFA and every job I have applied to - there are 100s of applicants with MBAs and CFAs. I live in Toronto, Canada though. What I found is that due to extreme competition, employers are now hiring people with ready-made specific skills - even at entry level jobs. Here in Canada, finance jobs covering oil industry are asking for oil finance experience - it's crazy competitive, or am I wrong.
I suppose you are doing good in NYC. But I hope you have a life though:p
@@Nick0wnsz But you have to have years of experience. That's the dirty trick they don't tell you. When you are in college they make it seem like they actually hire people and train them. They don't.
Let's start with not allowing corporations to buy single family homes. They just turn around and put them up for rent via short term or even long term rentals.
I wish I could upvote this more than once.
How about you buy a home instead of just renting
The REAL problem is that local governments have 0 incentive to stop any practices that boost housing values when they will get elected no matter what if they are from one of the 2 parties. Higher property values = more taxes. Also there are tons of foreign buyers getting them through US-based relatives or LLCs. I had a landlord from China that owned ~10 properties in their daughter's name and had 30ish renters.
@@laubachm11 My guy, that's literally the entire point of this comment
It’s illegal in Denver to do short-term rentals that aren’t the owner’s primary residence, but I think your point still stands when a small number of private equity groups buy up so much property that they can raise rent with insufficient competition.
I dont understand why this country is allergic to affordable, multi family housing
No one wants to have to pay and not make money to build. No incentive whatsover
@kimberiysmarketstrategy if you can't make money housing people, then it shouldn't be a business. Shelter is a right that should be afforded to everybody. Landlords are greasy thieves that profit from others' suffering.
We need to relax zoning laws so small individual homeowners can turn their single family home into multiple units. Combine this with competitive government subsidized housing and housing will be much more available and affordable
The reason why this country doesn’t want to build multifamily housing unit is because that single-family housing units are seen as an investment and makes money for everybody. it doesn’t matter if you’re in the city, the individual or the state. The city in the state get higher property taxes because single-family housing units are seen as an investment property meaning their value only goes up because everyone wants to invest and can invest. The only way for things to change is for an entire generation or two to stop buying housing and stop buying stocks of companies that buy housing. When no one wants to or can be able to buy single-family homes then the system shall change.
It's like saying "why are people allergic to a noble profession like teaching?" Yes, why don't you go all the way up to a master's degree (most likely with student loans) to make $40k? Why would I do that while I learn triple with my bachelor's?
Our economy struggling with uncertainties, housing issues, foreclosures, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.
Because of Illegals and Woke DEMONCRAPPERS
"need attention" doesn't do shit+. We need policy change: #1 BAN corporations from owning residential property. #2 BAN depreciation write off for investors. This would create incentive to sell, as private owners don't have this. #3 Stop Black rock and vanguard!
4. Stop all illegal immigration and deport the ones that have already broke into our country.
Even if you have a full-time job and you make $27 per hour, Denver is still too expensive to live in!!!
Hey what’s up 👋
@@ScarletPattieLaylawhat’s up scammer
@@ScarletPattieLayla hi
@@Riza-q7z howdy 🤠
@@Riza-q7z Howdy 👋
"We need to build more affordable homes for people." -cuts to giant, single family houses under construction
America is trying to do everything except build smaller, denser, more affordable housing. It's crazy. Not everyone needs a 4 bedroom mansion with a yard. We need to build a lot more town homes, duplexes, or (THE HORROR!) midrise apartments.
@BabyGirlDontEvenPlayYou can make condos if you really don’t like landlords . you own the apartment outright then. or we can build co-ops which is a shared system where you vote for who your new residents would be as you all collectively own the apartment building . These are a lot denser and you have the sense of ownership and with a co-op you have the sense of community and security .
@BabyGirlDontEvenPlay yes... Condos and co-ops are homes. There are many kinds of homes.
I need a mansion with a yard. That's why I live in Chicago! 5000 square foot brick house with a very nice garden!
The problem is that the builders responsible in our economy for creating home supply make much more money on single family homes than they do on denser housing solutions. And America still has an enormous amount of open land. Combine those two things, along with our late stage capitalism economic system which incentivizes chasing larger and larger profits and endless growth over everything else, and you see builders who just want to build the most profitable thing possible: single family homes. The problem is that behavior is very much not in the interest of the city of Denver, the state of Colorado, or the community at large.
How do you disincentivize that behavior then? The solution is probably to put a large corporate tax on new developments. The further away from a metro area you want to build/develop homes, the larger the tax. With the goal of making it more lucrative to build high density housing in the city. There's also a clock running on this, as the longer we go without doing anything to actually stop what's been happening, the worse the effects get. Also, the less and less experience builders and their workers have designing and executing on the types of dense home projects we need. So the higher the cost gets for them, and the higher the bar becomes on the incentivization we'd need to create to build dense housing solutions.
That will likely never happen, of course, because it's not in corporate interests to pass that kind of common sense law. So here we go, spiraling towards our own ruin because the politicians are owned by the corporations and the billionaires.
People want to own property, not live in some tiny rabbit warren apartment with rent that goes up every year. Even if the apartments you mentioned were built, people with common sense will move anyway.
Ironic, because I was in Denver last year and swear there were apartments going up everywhere I looked. Sounds to me like there's not a lack of housing, but a lack of affordable options.
Most of them are empty, same with the office buildings downtown.
Yep, I call it Crane City…they are constantly building.
Denver is building a lot, and the cranes everywhere certainly indicate that very starkly.
But it still isn't being enough. It has quite a way to go, still. This is a large reason why options are unaffordable.
You're not wrong. Everytime I walk around downtown I see a new building. There are like 5 being being just a few blocks from me
yes, and they make it seem like there is a housing shortage lol.. so they can keep on selling overpriced crappy housing...
"cost of a home went up 65% in 10 years, and wages went up 20%" should be a red flag and should have legislation to prevent or else people wont be able to buy homes any longer as it snowballs and compounds
My wife and I are teachers and we used to live in the Denver area. On both of our incomes it was almost impossible to live in a safe apartment. We moved to Ohio, bought a 3000 sq ft 3 bedroom home and can now afford to have kids on the same salary
I been hearing a bit about Ohio being affordable.
Are the winters very bad?
@@geofox9484nah, I mean occasionally it could get into the single digits, but usually it hangs around teens to low 20s and 30s during prime winter
Did you also gain 200 pounds each in order to fit in?
You could do that anywhere in Colorado that isn’t Denver…
@@hobbes5043 😅😆
It's pretty obvious to any native of Colorado that there was a sense of unpreparedness from our Government as Denver grew too quickly. My God, it was like a feeding frenzy for a few years.
I visited Phoenix this year and I could tell that city's infrastructure was used to being that big.. compare to Denver which has the same main highways, same train lines, the same parks, the same buildings as it did 20 years ago when I was a kid, it feels strangely overpopulated
It’s not just Denver either every city in this state seems to be woefully unprepared for the pretty obvious population booms. Just wait until our water crisis comes to a head
You gotta love that there are so many jobs and yet I know so many people that aren't getting return calls or emails for ANY of them. That labor shortage seems real.....unreal.
As a Chicagoan, I love Denver. I love Colorado. The people are chill and nice, the weather is great, and the nature is unbelievably beautiful. if Denver could figure out their public transport system and housing, it'd be awesome
Welcome to Colorado dude, but as for the very unreliable light rail, it’s never been better. I just wish they were able to retain and maintain staff and the facilities.
Welcome to Colorado dude, but as for the very unreliable light rail, it’s never been better. I just wish they were able to retain and maintain staff and the facilities.
Welcome to Colorado dude, but as for the very unreliable light rail, it’s never been better. I just wish they were able to retain and maintain staff and the facilities.
Welcome to Colorado dude, but as for the very unreliable light rail, it’s never been better. I just wish they were able to retain and maintain staff and the facilities.
I concur. I love Denver too. Like Cali, Denver has the Women, W33d and Weather. I just feel the City is overdeveloped. 😁
"Job opportunity" meaning many low-paying jobs. Unsustainable here hahaha
Facts! Finally someone who sees what I see and brave enough to say it out loud with me.
have to keep them in the poverty trap so they're loyal/desperate, come in to work everyday and put up with all the indignity.
I mean you gotta have at least a high school diploma if you’d like to get a good job. Tired of people blaming Colorado for their own shortcomings
No. Lots of decent paying blue collar jobs. Problem is that people just starting are asking for unaffordable wages. More experience more money. I know vehicle mechanics techs living is 1mil plus home just from how much they get paid
@@unkyunghyou’re full of it. Mechanics get paid very little compared to what the shop charges the customer per hour. And it’s hard to make a living as a mechanic on flat rate. Only the very best make decent money.
As a Colorado native I can tell you our state is ran by real estate moguls who want to keep property values high. They could easily rezone for smaller affordable homes but they only want luxury or oversized homes.
We don’t want affordable housing, then that means more assholes moving here. We need to pass a law where you have to hire natives first!
Look at downtown Denvers renter market.... we dont have a housing shortage, we have a affordability shortage. Most apartment buildings in downtown denver are half empty and charging +$2000 for rent.
San Francisco had a good solution. Charge apartment owners a high vacancy tax.
The current market/economy is unnecessarily tougher for boomers/senior citizens, I’m used to just buying and holding assets which doesn’t seem applicable to the current rollercoaster market plus inflation is catching up with my portfolio. I’m really worried about survival after retirement.
Just buy and invest in Gold or other reliable stock , the government has failed us and we cant keep living like this.
Yes, gold is a great investment and a good bet against the devaluating dollar, been holding some for awhile now, I’m grateful my adviser’s moment by moment changes in the market are lightening quick, cos who know how much losses I would’ve had by now.
I envy you, I’m still trying to recover from losses I incurred in 2021/2022, who is this investment adviser you work with, I’m intrigued and I could use some quality guidance
My CFA ‘’Marisa Michelle Litwinsky’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.
I left Colorado last month. Do not regret it at all so far
same
Same, I left in 2021
where to?
@@paulMuadDibAtreides21 Minnesota. Winters are rougher but it beats Colorado in any other metric that I care for
I lived there from 1999-2019. I moved to the rural outskirts of NW Phoenix never looked back. I loved my time in Colorado/Denver and i’m proud to say I lived there but it became a shithole around 2015 or so. I owned a house in a great area, had a great job. But I just woke up one day and said I’m out. Sold my house 2 months later, moved to AZ site unseen.
Love how they said the population that grew up here isn't educated enough for a lot of the jobs and then mention how CEOs call every day asking to hit the immigrants.
So true. That’s because they will line up around the block to pay incredibly low wages. The funny part is that a lot of employment ads will require Masters degrees and offer you low wages as well.
A lot of people who have jobs that should pay decently but don't require education have to sleep in their cars. I'm talking welders, pipe layers, electricians, etc.
@@pestemmedico6369 The manipulation is strong 😂Who do they think they are fooling??! with technology at everyone’s hands today its only gonna backfire 💯 😂
@@calebtot littlerally knew someone that happened to him. Moved to Vegas and never looked back. At least in the desert, you’re not gonna freeze in your car like in Colorado. Screw that bs😂
Educated immigrants though...it is well known that muricans aren't the smartest,especially in STEM🤷♂️🤷♂️
The tax dollars pay for free housing for migrant workers. But to do that they have to cut local programs and services for Americans in Denver that pay those taxes. 🤦🏾♂️
illegals not migrants.
👏 👏 👏
That’s very true
Absolutely ridiculous!
@chopwood2995 but that's DEMONCRAPPERS
So many lies by the governor and mayor in this video. If you live here you know. Teachers cant afford to live here. Air quality is crap that is why starting this year the EPA is requiring specially formulated gas due to surface level ozone levels. There are jobs but they typically dont pay enough for you to live alone. And over the past year more people have moved out of Colorado than in. We are losing native residents to other states due to cost of living increases of 100% over the last 5 years. Inflation is far outpacing the national average here as well.
It's true, I'm a native and moved to the Midwest years ago. So much better
The growth has plateaued too. 2020 was the peak. Many people are leaving. That was largely left out of this video.
As someone who has been here the last 15 years, 100% agree. I have known more people moving out to other states than coming in. I will be leaving soon as well. It is impossible to afford to live here.
Salt Lake City has become outrageously expensive and air quality continues to be poor. Houses are slightly cheaper than Denver but are still north of $500K.
Colorado is a fine state outside of the Denver metropolis or the highways out of there. Greater Denver looks like a salad bowl of smog from the distance. And then on Friday afternoons in the summer it’s bumper to bumper heading west into the mountains for hours on end all the way to Silverthorne/Breckenridge.
I’ve been looking for a new job in Denver for the past 7 months and have had zero success. 2 jobs per person my ass!
I live in a simple home with nothing extravagant. I get taxed on a luxury home. Colorado's economy has turned into California's economy with high taxes. Infrastructure is horrible.
Endless traffic, downtown businesses closed by the homeless issues, soaring drug use, awful roads, super expensive houses, freezing in winter, one of the highest crime rates in the country, a liberal government that demonizes law enforcement and outdoor activities that are now so expensive only 4% of people can afford to ski. Oh yeah, epic city.
We have enough problems for our own citizens - someone explain to me why Denver is rolling out the red carpet for il legals?
To put them in your home.
The mayor and governor are ruining this city. Way to much focus on illegal migrants instead of housing prices for the middle class and infrastructure. People are looking for jobs but the moguls aren't willing to pay normal wages. 2019 was the peak of Denver.
If they want to solve the housing crisis, they need to stop allowing investors and corporations buying up housing.
Yep.
that free market is such a pesky thing...
That ship has sailed
@@avernvrey7422 That free market is equlient to Arestocracy on pre revolution Russia of where Elite owned properties and peasants suffered.
@@avernvrey7422 "free markets" can be ruined by the few and powerful.
As someone who has lived in the Denver Metro area for the past 25 years I’ll give you some perspective from my point of view.
*The homeless population really started to climb when they legalized weed in 2012. And with the state no longer being a “swing” state the policies especially in Denver city limits exasperate the homeless issues especially with the recent influx of migrants
* Traffic is awful here no matter the day. When I first moved here in 2000 you could zip around a lot easier, especially on the weekends.
*If you want a job here they are readily available. It was much harder to find work here 25 years ago. Now will that job support the cost of living here well that’s another question.
* The worst part though is the housing. In my area which is on the west side of the Denver Metro area you could easily buy a nice house for about 400-450k prior to Covid.
Since Covid those same houses are now 800-900k and when they list they are sold in a few days. I have no idea how people can afford them with 7~8% interest rates, my only thought is most of them are moving in from other higher priced states like CA.
I have had some of those high-end tech jobs from California, and I have also just bought a house (my first house) this year at the high interest rates (not in Colorado though).
I can tell you that even for me, with all the unfair advantages I have (because a lot of my situation is based on luck, not me being better than any other person in the labor force), I absolutely cannot touch a $900k house at 7%. I think I could find a bank that would approve me for that loan, but there's no way I could actually live with those payments.
The people buying those houses fall into one of a few very specific categories:
- Full Cash Buyers: People who have large amounts of non-labor wealth (inheritance, stocks, etc.), or are non-individual buyers like investors who buy houses to put them on the rental market.
- 20-30% Cash Down Buyers: People who have enough cash on hand to put down up to 30%, bringing the payments on those houses down to around $5k/month for PITI (Principal, Interest, Taxes, Insurance). $5k/month is near the top of a household that has no other debt and makes $150k/year gross.
- Older People Upgrading: People (mainly Boomer or Gen X) who bought their first house in the 80s, 90s, or early 00s, that are able to sell their current house for almost full or completely full equity and use those funds to greatly reduce the monthly payments.
Those houses are not (mainly) going to people who just have tech jobs and are young, because at that price/interest rate combo, even they likely don't have the assets/cash on hand to actually finance a sale that large.
@@jordanledoux197 this needs to be pinned or archived somewhere, you’re so spot on.
The traffic is bad because the public transport is so bad it's unusable for the majority of people in the Denver Metro
been in Colorado my whole life. This is pretty accurate.
Unfortunately the legalization of weed definitely marked the beginning of the end
Massive rise in homeless in the past 5 years. Traffic is a joke. Saturday traffic exists and is bad.. stand still traffic on i25 on Saturday, traffic up to the mountains
There is a weird massive gap, because a bunch of high earners came from Texas and California, and can afford some of these insane things because they were offered insane salaries to come out here.
Massive wealth inequality here
I've been in Denver for 10 years and this is completely accurate. The only thing I would add is that a lot of people move here for the outdoor activities, but now if you don't get to a trailhead by 6am to go hiking, there is no parking and you can't park on the side of main mountain roads. Going skiing also requires leaving at 4-5am, but then you sit in traffic for 3 hours on the way there and literally 4-6 hours on the way back. If you want to go outdoor rock climbing, you first have to battle the parking situation for popular spots and then stand in a line around a crowd of other people standing in lines for other routes just to go climbing. Denver is a mediocre city at best, with tons of crime, homelessness, and now too expensive for what you get. Definitely not worth it for the overly crowded outdoor recreation anymore. Great weather though.
Grew up there for 30 years and then had to move to the midwest because I couldn't afford it anymore. It was alright though, Denver is a terrible place for families and Minnesota has been a lot better
Minnesota is really great if you're far enough away from Minneapolis. I miss the lakes.
I did the same moved to Illinois. It was sad to leave CO though
Same here I’m a nurse. Grew up in Denver. Now in Ohio
Nice. Hope more people follow your steps. We really need people to leave. Especially the transplants here.
i love Minnesota! just can't hang with the arctic level winters
Denver also leads in gentrification. As a young millennial born in Colorado this boom hurt locals. I was unable to buy a home and barely could afford rent when I lived in CO. My home state is no longer recognizable its home to the rich and is pushing out the middle class and poor. I had to move where cost of living was reasonable and can proudly say I am a homeowner now. I miss Colorado all the time though, wish there had been jobs that paid a liveable wage there and housing was affordable.
I’ve been to Colorado 4 times in 30 years. It’s gotten crazier each time with the traffic. Not what it used to be. I really don’t want to make the problem worse for all of you by being another coastal transplant hogging up the roads. Roads/highways can’t handle the current population with the sprawl network, yet housing isn’t enough for demand. And transit stops are poorly located and have weak connectivity, resulting in low ridership. And westbound traffic on Friday afternoons is bumper to bumper all the way to Silverthorne/Breckenridge: I experienced that nightmare in broad daylight two weeks ago and it rivals LA unquestionably.
Born and raised in Denver. 1993-now. This city and state are trashhhhed. It is NOTHING like it was even 20 years ago. What a beautiful place and amazing life that used to be had here. I’m moving out as soon as I can save enough to get out… which is almost impossible because I work 2 jobs, 60 hour weeks and can nearly afford rent. If you are thinking of moving here. I wouldn’t. You will regret it everyday and be stuck financially if you want to leave. It’s a black hole of sh:t.
unfortunately the cost of democrat leadership.
You sound bitter and unhinged. Get psychiatric help
@@xMrCANNONx Funny how large, largely successful metro areas end up run by Democrats. It's almost like the Republicans were never able to bring in enough jobs and services to keep their jobs when those areas were smaller...
Where are you going to move that is cheaper? Brooklyn?
This is why I’m having no luck landing a job after 3 months. Guess it’s time to move.
Come to Portland, OR 😎
@@alperenarslantas8130I want to go to Portland. I love the trees and weather!
That’s everywhere in the US. I’ve been on too many forums and watched the national job market for a while and last year was rough nationally. I finally landed a job after a year (in CO). National statistics are 6 months last time I checked. It also depends on your sector. Some jobs can be extremely competitive. Keep your head up, keep looking and I wish you all the best in your search!
If you can’t find a job in Denver something is wrong with you
@@alperenarslantas8130literally the worst state to live in
Been here all my life. All my family and friends are here. All the people who flood into the state ruin the chances of me being able to buy a decent home in my native state. Everytime you go to the mountains now its clogged with traffic and littered with people. Doesnt even feel like nature it feels like a museum of what it used to be. I can only imagine how native hawaiiens feel.
There are a lot of people who consider themselves real estate investors now as well… That does not help
Nobody ruin your chances of owning a home but your own govt 😂
Stop being the victim and take some accountability
and by thousands of iob openings they mean jobs where they want to pay you 15 dollars an hour in a city where even tiny1 bedrooms are 2k plus a month
Too expensive for rent.
i really dont get it, it is a giant flat land, there are plenty place to build. been there couple time, living further sux but affordability is the last thing come into my mind when I drive by Denver. not like Seattle, you have lakes and mountains that limit the space to build. Danver is like Dallas, can expand all directions.
So then go outside the trendy areas. Studios and 1 beds can be had for 1300-1800. 2 beds run from 1700-2000. Get a roommate. No one starts at the top.
I’m not hearing anything about what those 2:1 jobs pay? Perhaps no one wants to take them because they don’t pay enough…
Correct.
If they’re not talking about it, something is off. but then again, someone is getting suckered into the twister🙈
Lived in the Denver metro area from 2000-2021. The housing prices, traffic and just overall overcrowding just got too ridiculous. I loved the place when we first moved there, but around 2015 it just felt like it was going downhill faster and faster.
so growth and change means going downhill? i get that a place may no longer be it for someone, interesting narrative none the less.
@@02nupe YT comments didn't seem like the place to post a diatribe, but number one on that list was housing prices. Two off my three children left the state because there was no way they could ever afford a home there. Add in the constant run-around of tabor with ever increasing fees on anything government related, property taxes that doubled over a 10 year period, Aurora became what seemed like a lawless ghetto and police state paradoxically at the same time, PPIR closed, Second Creek closed, Bandimere essentially forced out. The icing on the cake was the ever increasing draconian gun laws to the point that everything I enjoy doing in life there was becoming illegal. I could go on, but traffic was the least of my concerns. I didn't even mind the legal weed.
I had to leave Denver after 30+ years because it has gone to hell. I miss the way it used to be, but I live in a small town now and know I made the right decision.
European cities are denser and are also often nice to visit and *walk* through or ride the *public transit* through.
Somehow, US cities just get to feel more crowded and congested without being denser per square mile.
Can you guess why?
Same here I lived 10 years in boulder and 10 in Denver.. I moved in 2023 to San Antonio
I like how the Coloradans that move away are immediately replaced by five Texans and Californians. Lol
Colorado is the seventh state we have lived and worked in. Now that we are retired, we are even more active in our community. We loved the first five cities we lived in in the 1980s and 1990s, although now they deal with diminished employment, financial, and educational well-being. Our two most recent locations have real growth issues, among other common social problems. Perspective is important. Even when typical city and rural social issues are included, issues related to growth are better problems to deal with than the opposite.
Denver is a shithole now, mine as well spell it Detroit. Most homeless and immigrants ive ever seen roaming the streets.
don't forget the predatory landlord companies situated in florida that own most the rental buildings like Boutique/Wheelhouse. there's only like 5 companies that own all the buildings available for rent and that a 350sqft studio apartment is ~$1300-1500/mo and most of the new buildings are half empty and pad their 'residency' by using VRBO and airbnb and other "short term rentals". Denver needs to punish the real estate and venture capital corps that jack up rent and keep half empty buildings.
Denver was super boring for us when we went. People are nice but downtown closed at 10. The whole time I was there, they advertised for on the spot construction hires. A gentleman asked me if I wanted to make 30$ an hour and I laughed at him and said I make way more than that. 30$ is minimum wage to the cost of living in Denver
Hey what's up
"I make way more than that"... and you probably don't know a hammer from a screwdriver.
It sounds like Denver (and Colorado) simply isn’t a good fit for you. That’s OK… Typically, Coloradans are much more interested in nature and outdoor activities than they are in nightlife and partying. Hiking, rock-climbing, cycling, mountain-biking, trail-running, fishing, camping, snowshoeing, skiing, white-water rafting, kayaking, and much, *much* more. *That’s* why most people want to live here. I can’t imagine being bored by those things, but if you are, then someplace else would likely be better for you.
Colorado native and Colorado School of Mines alumni. Electrical Engineer in the power industry. Denver sucks, politicians and business leaders/practices ruined it. Lots of violence, full of drugs, no solution path for homelessness or immigration, traffic congestion, outdated infrastructure, inflated housing, unreasonable cost of living while being situated in the middle of the country... The list goes on.
A lot of talking in Denver and Colorado, and not a lot of doing. Nothing to show for the years & years of suggested policy adjustments.
@@mikkoberger8683Way to reply to your own comment LMFAO
💯
I agree, Living in Denver you are truly isolated. East of the Mississippi you join the living.
300 days of sunshine. Not including the floods, fire, cyclone snow bombs, tornadoes, snow, hail, breaking bones slipping on ice or nosebleeds from extreme dryness.
More like 185 days of sunshine according to a more recent report. Years and years ago there was a report touting 300 days but it’s not true.
@@thetravelingspinster95 But it is a very sunny climate. Aside from AZ and NV, and inland SoCal, it's about as sunny as you can be in the US.
@@thetravelingspinster95 When you consider the amount of sunlight, it is over 300/yr. How often is it overcast or mostly cloudy? May 20 days?
Born and raised in the Denver Metro area. I had a hard time growing up and barely graduated high school due to a lot of turmoil in my life. I am playing life on hard mode by trying to simply live where I grew up. Nevertheless, in my twenties I worked hard and gained a certification as a welding inspector which is supposed to be an excellent and high paying job. Nope, still doesn't cut it. Still can't afford to live here. So now I'm running my own business. It's been a year and a half since I started it but I have to live at home with my parents. It's looking like I might actually make it but damn its not easy.
All these Californians moved here and oh look, it looks more and more like California every day. Oh the joy. Thanks, California. Scott Wasserman, you're not welcome here! Go back home.
Denver needs to do better but man it's the United States. People are free to move wherever. I moved to Denver for work because I graduated college and got a job in the Denver metro. I wasn't gonna go back to my rust belt hometown with no jobs in my field. Colorado needs to be better about supporting people who grew up here and part of that is actually funding our damn schools. Colorado is near the bottom in the country for funding primary education and it obviously shows.
@@legatus_newt go back home
@legatus_newt
You're not welcome in CO, leave if you don't like it
Maybe I missed it but aside from the inflated housing prices, the cost of living, groceries utilities etc has also skyrocket with this growth while the city has taken more tax revenue than ever before. Not to mention these “skilled” jobs they need filled are being offered for 50-60k a year which certainly is not enough to afford a home let alone the triple tax and cost of goods
Denver officials have in the past boasted about their city being a "sanctuary city." That isn't such a smart position now.
The USA needs immigration for jobs such as the ones mentioned Colorado is having issues finding people for
@@johansm97 The federal government ignoring immigration policies and the government not mandating e verification has allowed corporations and all kinds of small business owners to drive wages into the ground. Even National Public Radio understands that the use of cheap illegal labor dramatically affected wages in many sectors and now the only people who will work those jobs are immigrants.
@@johansm97gawd bless Murica 🤓🖕
@@johansm97 - These are almost entirely low-skilled people being imported in. We need some. But not millions.
@@firstlast8258 - Nah. It's gone. I just don't want the city I live in to become Bogota or Guadalajara. Is that difficult for someone like you to grasp?
The worst thing that happened to CO was being the first state to legalize weed. People moved here in droves. It was terrible. The over abundance of people completely ruined the front range.
All that is over now though. The cost of living, especially housing, is so high now, people are moving out.
Like locusts to a crop field. God willing, please don't let my lovely area appear on these 'best towns' lists in the major publications lol.
We have rich white kids in their 20s moving here, willfully paying obscene rent to corporate-owned housing, and none of those kids want to do the jobs that the state needs. I've lost count of the number of marketing majors in this town. Skilled labor and service industry workers can't afford to live here, and the answer is not better commuter options, it's reducing the rent. Corporate landlords have no reason to educe rent as long as people are willing to pay it, and they can afford to have large amounts of vacancy because unlike traditional landlords, they don't have a month-to-month budget for overhead. The federal govt needs to place a cap on the amount of housing that corporates can own, and the only way that cap can be circumvented is if building occurs outside of Denver city limits.
Sigh. Trust fund babies.
Racist
If you moved to Colorado and bought a home before Covid, then your mortgage is reasonable and everything is fine. But if you come after Covid increased prices by 50-75%, then housing costs will be a problem on the average salary. Summit County Colorado, where there are four ski areas, would have regular boom and bust real estate cycles. But once most of the land was built out the bust cycles went away. The same thing is now happening to the Front Range.
It has been a tough this year, filled with hardships and struggles globally. From economic challenges, job losses, market volatility, conflicts in various regions, and financial difficulties, it feels like everything has been going wrong. How can I make ends meet during these tough times?
A wise person must know that in order to build success, they must invest wisely and have the proper knowledge or guidance in the financial market.
Honestly speaking, investing is a smart way to secure your family's future, grow your wealth, and stay ahead of inflation.
It’s getting wild by the day. The prices of homes are quite ridiculous and Mortgage prices has been skyrocketing on a roll(currently over 7%). Sometimes i wonder if to just invest my spare cash into the stock market and wait for a housing crash or just go ahead to buy a home anyways.
Things are getting worse these days, if you don't find a way to multiply your income, you might wake up one day to realize you did not mean well for your family
Investment is the key to sustaining your financial longevity. And not just any investment but an investment with guaranteed return.
What really bothers me is that none of these storimentaries talk about all of the native born coloradans who were priced out of their homes with the price of rent more than tripling. Denver's literally replacing its citizens with coastal elitist. With very little care! And the growing homeless population also not Colorado natives...
Live in Denver now, year 13 and the pricing is outragious and jobs can't keep up with the inflation rates. Probably will have to move sooner than later. A lot of people are getting priced out.
I dreamed of moving to Denver about 15 years ago, when the population was much less and could easily find a nice home under $400k. But too many people stresses me out as does being too poor to live there.
The pay doesn’t match the cost of living!!!
right? Each time I see a job ad for US-wide remote jobs, the salary range for CO is always lower than that of CA or NYC......like, Colorado is already a high cost of living state....
Too bad you have to drive in 90% of Denver. Would’ve been great to have build public transit w density back when you knew a bunch of people were moving there.
So in summary: Companies are underpaying workers, they are not willing to pay more, and are suffering a "labor shortage" as a result. Naturally their solution is importing... basically foreign slaves... I mean "migrants" and using them low cost labor. Did I miss anything?
lol, it's always the same message from CO's city/state officials: "Don't worry, things are looking great for the future, things are gonna be awesome!" Rinse, repeat
you forgot the most important part of their speeches.. "but only if you vote for me"
Things are going to get much, much worse. Move out to the country or move to another state.
Looking great for the top 10% of income/net worth people. Everybody else is screwed.
That's any of the officials of these hype cities. It's a scam that goes like this:
1. Advertise a city as the greatest thing in the world.
2. Wait for dummies to move in
3. Work with city officials to renege on all claims and make quite a good buck in the process.
Not enough South Park.
South Park does nothing but talk sht about Denver lol
There is no housing shortage in the Denver metro area. There is however a massive price gouge and flipping problem. There are literally thousands of listings for sale or for rent right now. But it really says something when one of my new favorite pastimes is scrolling through Zillow to admire the audacity.
It is really easy to find a job here. The problem I've run into is the really low pay.
I lived here over 58 years. Third worst air pollution in the world? Denver, Colorado. 170 bad things in the tap water, Denver, Colorado. First place, Stolen cars. Denver, Colorado.
Just leave Denver, there are a lot more desirable places to live if you actually have something to offer.
Applied for nursing jobs with HCA in their med/surg departments in Denver. Applied to three hospitals, didn't get anything. They were paying $28 to start in 2018 as a new grad nurse.
Definitely not enough to even pay rent in Capitol Hill to live near the hospitals at that point in time.
Colorado is not it.
I think the states and Denver should start by compensating its workforce better. Most employees live in Lakewood, Littleton and surrounding areas. Johnston threatened his employees’ salary when he slashed the budget to aid undocumented individuals. At the same time, Denver’s crime has increased; therefore companies don’t want to invest in Denver.
Best way to fix the housing shortage is to continue to build luxury homes and luxury apartments. They say just to work hard and skip buying coffee, and it's attainable. Our generation must be so lazy.
The issue isn’t the luxury apartments getting built. It’s the affordable housing that isn’t. It’s unprofitable to build more affordable housing due to zoning laws and the amount of red tape to get through. The only things being built are single family homes and large luxury buildings. We need more small time landlords with each property being 2-10 units
What about skipping avocado toast. I remember hearing that was the problem a lot of people.
Lazy partially, but more so entitled. Get a roommate, a girlfriend, or live with family like past generations did. There will never be enough housing for everyone to live alone in a one bedroom in a desirable neighborhood.
Struggling to keep up? Really? It’s experiencing sudden and explosive growth, and housing is being built more quickly than it has ever has been. Every single person moving to CO and Denver is a direct cause of urbanization of Colorado. And the state government keeps pumping promotion to continue growing. Housing prices have tripled in 10 years … it’s not healthy, sustainable, and all of the people moving are doing so on a marketed set of beliefs and don’t realize that they’re creating an unstoppable abomination in the area. The West is fleeting, and these people are the end of Colorado. Kiss it goodbye …
Homelessness and auto crime are the real problems across the entire front range. Everything else is expected of big cities.
As a native to Colorado for 40 years now, our costs have skyrocketed and our state was NOT designed for this growth. There is a reason why we have bumper to bumper traffic everywhere. Most cities have 2 to 4 times as many highways as Colorado does. I miss what Colorado use to be 20 years ago!
I don't think as a CU Boulder graduate I would be able to afford a SFH in Denver. It is crazy to think that simple apartments are termed as Luxury ones as long as their appliances are replaced upto five years ago. And rent on those shoeboxes are 2200/2500 for studio/ 1 b1b.
I live in Colorado Springs and recently retired. My property taxes and insurance are increasing so rapidly that I may have to come out of retirement just to pay these exorbitant increases. My monthly escrow amount is what my mortgage was 10 years ago
300 days of sunshine sure - what they don't tell you is that 150 days of that sunshine is below freezing :(
We don’t get 300 days of sunshine, unless you consider any day where the sun peaks out at all as a “sunny” day.
Cold weather and lots of wind too.
@@bobryan2856 Always wind - especially here in the Springs.
According to every source that I found the average daytime temperature is well above freezing every month in Denver.
Nighttime temperatures are shown as below freezing for the winter months but
one doesn't get much sunshine at night in the winter anyway (tongue in cheek).
So I don't know why you think the daytime temperature is below freezing
for five months of the year.
No doubt it's significantly colder in the mountains but we're talking about Denver proper.
@@geofflepper3207 Well I live in Colorado Springs we are higher than Denver.
The homeless problem, property crime, mass shootings, the migrant problem, the lack of affordable housing, wage gaps, the drug epidemic, suicide rates...I'm a Denver native and sad to see what this city has become.
Yeah, right! This is not even close to the reality of Denver and Colorado.
@3:00 Nothing but truth!!! As a graduate of one of the university's here in the Colorado Rockies, I got way more job offers outside of the state than inside the state! BK
0:41
Do NOT let these freaks lie to you. There are over 5000 vacant homes in Denver RIGHT NOW. There are enough resources for all of us. Who are the ones saying there isn't? The rich.
Tell NIMBYs that R1 zoning, million required parking lots, and minimum lot sizing needs to go. You gotta be dense like European cities to enjoy less homelessness and cheaper housing. Smaller, yes, but *cheaper.*
You don't have to be dense. You just have to build. The problem is a process that makes it difficult and expensive to build.
@@ISpitHotFiyaa In fact, you do need density if you're going to have any substantial quality of life. Sprawl leads to "drive till you qualify", and yes, you get to SEE less homelessness that way, but it is still there. You spend more on services in the long run leading to continued flight, and you lose out on successful third places, job opportunities and cultural benefits.
@@nickmonks9563 No it doesn't. If you don't like "sprawl" then don't live in the suburbs. People like you telling other people how to live is exactly the problem with housing in this country.
@@ISpitHotFiyaa I'm not telling other people how to live. I'm explaining that if people want to actually solve the problem they will need to modify their expectations. If the place you can afford to live in is two hours from your job then you have a problem. That's the nature of sprawl. Sure, if you're lucky enough to have a high paying tech job near your suburb, good for you. But that's not the reality for most people. On top of that, suburbs are subsidized by their more dense counterparts (and by increasing new sprawl) because there is just so much more infrastructure to build and maintain, but not enough of a tax base to maintain it after around 20 to 30 years...which leads to people fleeing those suburbs for other ones or other cities, diminishing the tax base, making those locations unsustainable. Now people might be able to afford to live there, but the services are awful, employers don't want to be located there, and you're left with continued housing issues as a result.
Density by itself doesn't solve the issue, but in conjunction with smart planning and incentives, it is a major component of building sustainable housing solutions, in addition to sustainable cities in general. That doesn't mean every locale needs to be a skyscraper riddled nightmare, but single family cul-de-sacs have very limited sustainability value in a housing crisis.
@@nickmonks9563 That's not the nature of sprawl. That's the nature of oppressive planning. People live two hours away because the cities two hours away actually allow houses to be built whereas the ones near the jobs are worried about sprawl and therefore don't allow houses to be built.
Really dumb to show strict Denver city-limits population rather than the 3.5 million metro population. Especially when most of this video is referring to the metro Denver vs. only Denver city. Super stupid and misleading.
I’m a 4th generation Coloradan and this region is getting so expensive. There’s also no jobs. Unless you want to break your back for $20/hour. You’re either educated or working in construction or oil/gas.
I left Denver in 2014. The writing was on the wall back then...
It started with Urban Renewal tearing down small homes and apartments for the new urbanism. SROs and flop houses disappeared from Larimer street. Development stalled during the White Flight in the 70’s and 80’s. After Silverado the developers started going whole hog tearing down and building Mac-mansions. I remember that this Front Range sprawl was predicted in the late 60’s, it’s always profits over planning.
There simply isn’t enough population in Denver for in-person jobs. In 2002, we were planning a new state of the art data center in Greenwood Village for Great-West Life. This nearly $200 million project was cancelled because it was forecasted that we would not be able to source the nearly 500 resources needed to staff it over a ten year period. While I was the IT Chief of Staff at Optiv, I regularly had 140+ open reqs for high paying technical positions and even opening up the search, both nationally and across near shore and offshore locations, we still couldn’t fill them.
That and people in Denver don't want to work on Friday's, either....at least that's what noticed working in tech. Everyone takes off and heads to the mountains. When I was living in Denver, I was surprised at how "lazy" everyone was compared to my working in other cities, and how the no one ever showed up to work on Fridays LOL. Friends who were managers in other cities that moved to Denver said that managing people there was "different".
Emma, your explanation of candlestick patterns is on point! This video really helped me understand how to identify trends better. Keep up the great work ��
The weather can be pretty crazy here. 300 days of sunshine? Not exactly. It can be in the 70’s one day and snowing the next. Or sunny in the morning and raining in the afternoon. The intermittent “warm then cold” can stretch for eight months. I don’t put away my winter jackets until June!! But summers here are overall really nice.
The issue that scott wasserman was talking about regarding the lack of people educated on colorado is FULLY a result of policy. colorado continually cuts funding for higher education to its universities making it too expensive for many to afford to keep going, even in state.
It’s not the same place I grew up in. But the breakfast burritos is still the best lol
Hey what's up
Cutting dmv and recreation for taxpayers to give free housing to migrants and homeless is pretty crazy to me
It has a type of omelette. So, I guess that accounts for something.
the omelet will be $24
my dad is a construction worker here and he has had trouble finding work. so for me it’s surprising to see there’s a shortage or perhaps he doesn’t know where to look to find work. he does have some work but they pay a misery & it’s abusing. he loves what he does but people make him do hard work for pennies. 😢
The inability to create affordable housing and better paying jobs that aren’t just for HS kids anymore.
Allow John, Bob and Mary make a livable wage working at Burger King or Dunkin Donuts (people have to work).
This is another story coming from a city hoping that low income families can be happy being poor and struggling to keep up with their bills to ensure their city grows from the rich who want to take advantage from the city business friendship that is so openly promoted and accepted.
Big profitable companies move into these cities take over local markets, government and even schools to ensure they find a way to keep generating just enough for the poors to stick around to boost the flimsy local economy while they keep building on their investments from housing and retail ownership.
Trust me, it happened in my hometown Austin Texas. Doesn’t matter how long you lived through the good old days if you’re poor and a local your just a stranger to the rich who get to occupy a spot you use to frequent because it’s now unaffordable to live around that area.
I lived Down Town on Brazos and east 6th street when loft apartments existed in the early 2000’s. The rent was only $1,100 a month for a large spacious loft apartment right on the most popular street in Austin Texas. Then all the new money moved in and I found myself stagnant on my wage growth as low income earners aren’t important enough to ensure their wages keep up with cost of living.
So since this happened in the early 2000s and nothing has change what so ever only has aggressively gotten extremely worse, tells me that if you are a low income worker be ready to never retire from your job and you will be working until your at least 65 even maybe 70 years old.
You mathematically will never keep up with inflation as it’s built specifically for only a very small margin to gain prosperity.
If you think your not in this category because you make six figures, you better open your eyes because that day will come when you no longer can afford your mortgage payments, it’s built by the banks to ensure they always make more money off you then for you to ever own your home. If you don’t own your home by now then you’ve already lost. If you do own your home, be prepared to pay a tax you can never afford in your retirement. Your money will never keep up with inflation and so those taxes will be generated to ensure you have no foot hold to ever say you are a real home owner.
If your are not a large corporation that has an extensive asset portfolio you are not important as you do not have the capital to be so, that is the horrible truth and just walk out your door and you will see it.
By see it I mean the homelessness that runs rampant in your city that local officials try to hide from you (every city has this problem you just haven’t popped your bubble to see it, manly because you fear that you one day can be “these” people).
Don’t say I didn’t warn you.
✨✌🏽🙃✨
I believe the population in the Denver Metro Area is shrinking now. More people are leaving then moving in. The cost of living, especially housing, is just too much now.
20 years in Colorado paying taxes, doing the right thing, adapting myself, learning the language, and telling everyone how great this country is. And you’re going to tell me that you’re going to give work permits and citizenship to somebody who just came here and disrespect the 🇺🇸 people and abuse the system? Dam.. you can do better Colorado
You Sir, should speak at a Trump rally. You speak for a lot of people in the same situation 100%
I live in the Denver/Metro. I don't know what CNBC is talking about. We're on our way down, and quickly. Homelessness, spike in crime, spike in expenses... what is this puff piece?
Colorado also has the highest inflation rate of any state
I'm pretty sure that's Florida 🤔
@@naptime0143 between 2021 and end of 2023 it was Colorado.
@@jaredthomas9246 Just came from living in Miami and its significantly worse there.
@@thom7463 possibly I'm talking about entire state
Nope
I live in Denver and moved here from California for a job in tech. The job laid off an entire division and now I have a new job, still as an SWE. The rent is the same but the pay is minimum 30% less than California.
Try to apply to a tech job here. You'll hear the same thing you hear everywhere else. You don't have 3 to 5 years experience for our entry level role, sorry!
😂
That’s because they would rather hire h1-b over us.
@@HeadStronger-HS Thank you, that is 100% correct, and its a damn shame that native born Americans are getting screwed over for foreigners. What other country makes its citizens compete with the rest of the world for jobs?
And I would tell them you don't have a mouth that could swallow seven inches of pink steel.
Not quite an accurate picture. I live here and there’s quite a bit not included in this episode.
Jobs are strongly decreasing, living expenses are rising high compared to wages
What happened to all the great new jobs Biden says he created?
Recent Electrical Engineer grad from MSU Denver. Applied to dozens of companies, and have had no replies.
Thank you for sharing such an awesome message.Glory to God my family are happy once again
and can now afford anything for my family even with my Retirement.$57k weekly returns has been life changing, after so much struggles.
Hello how do you make such weekly??
I'm a born Christian and sometimes I feel so down of myself because of low finance but I still believe in God.
Maria Angelina Alexander I really appreciate her efforts and transparency.
I remember giving her my first savings $20000 and she opened a brokerage account for me it turned out to be the best thing that ever happened to me.
This is a definition of God's unending provisions for his people. God remains faithful to his words. I receive this for my household.🙏
YES!!! That's exactly her name (Maria Angelina Alexander) so many people have recommended highly about her and am just starting with her from Brisbane Australia.
There’s a labor shortage because nobody wants to put in 40 hours a week and still not be able to afford housing. Pay people better and they will fill the labor jobs. Also, nobody wants to train anyone these days they just want to hire someone who’s qualified. There was always apprenticeships and on the job training, but that’s harder to come by these days.
I'm leaving Denver in June, it's gotten horrible to live here. Drug addicts everywhere, grossly overpriced houses, and now, they're trying to ban guns.
The new people in Denver have contributed nothing. They all seem to work remote, or have no job, and other than local tax contributions put nothing into the local system. All they do is take
Not really. This place cost everyone money. Unless your a freeloader.