@@andrewevans5750 if only that were true. there is a gray area where you can make too much to qualify but can't qualify for a non affordable home still. I fell into that area for a bit but got lucky lately to get myself an affordable home.
@@raventhorX The median per-capita salary is 36k. if we look at individuals, anything over 60k [cutoff for aid] starts to push you into that gray area.
I'm an emergency dispatch operator, veteran, and father. Even with the VA Loan, there's zero chance I can buy a house in Colorado. I work 50-70 hour weeks. This Friday will be my first day off in 19 days, if I don't get called in. I keep hearing about the "traditional family" is so important in this country, and a lot of people would say that mine is pretty "traditional," with me working full time and my wife working part time while she finishes school...so, lil help, please??? No? Yeah, thought not.
The problem with apartment prices is that these corporation landlords want a five year ROI which leaves the renter to pay that high price. Could you imagine buying a house and paying it off in five years? That's what these corporations want so they can make money. Part of the problem with single family homes prices is that 16% of all single family homes in the Denver area are rentals, that's almost one in five. The other part of high single family home prices is the real estate industry constantly pushing higher asking prices. It's all greed so some people don't have to work and just sit back and get rich. Try banning owning more that two houses by any one person in the state and that would solve a bit of the price problem.
Limiting investor owned units would eliminate nearly all rentals. These companies are providing housing that would otherwise be owned and managed by our inept government.
We're taking in 4 million immigrants a year who need housing. We voted for trump to try to stop this. Now we're reaping the consequences. Mega corporations want open borders
Cities, counties, states are a problem as well. They need to allow the building of smaller homes, tiny homes, mobile homes, 3D homes, etc. In Florida, for example, it’s hard (if not impossible) to get a permit to build a $100k home. You have to build a $200k+ home, at least. It’s all about the property tax. In a small town in Oklahoma they have banned mobile homes. Cities, counties, and states need to do more to ALLOW affordable housing.
American have a deep hatred for poor people and if they can't make money off you they'll criminalized or restricted you that's all I get from this strict zoning
The Florida homestead amendment shifts more of the tax increases on rental or commercial properties. The Feds & State officials need to offer incentives to build affordable housing that cannot be sold to rental companies for at least 20 or 30 years. That should be the first step, smaller homes between 400sq ft & up should also be allowed in more urban or higher density areas & the biggest elephant in the room you have to deal with are the NIMBYS (they only care about themselves). They have their home so who cares about anyone else who needs a home to live in or buy. The big rental companies are buying up a lot of the entry level starter homes in Florida (especially in WPB, Miami, Orlando, Jacksonville & Tampa areas). But most new home construction is in new fenced or gated in communities where homes are about 10' apart.
At any rate I can't find anything affordable even in apartments being over a thousand a month I can pay that.. life will suck though living off top roman and cheap hotdogs mac n cheese when I feel fancy... Good luck Colorado I'm moving out the state priced me out, I doubt anyone working at or near min. wage will stick around for long
And you don't even want to try to find an "affordable" apartment in NYC where an studio size apartment starts a $1,800 and an non affordable could go for$1,200
@@gaz9663 because it’s a skillless job any teenager can do. It’s not a career. It’s for first jobs and part time. In no way is working at a fast food restaurant ever supposed to support a family. Only since welfare and children born of wedlock and the breakdown of family has there been adults behind counters and at retail like there is now. When I was a kid you’d NEVER see a young parent with 3 kids trying to support a family at a fast food place. You expect to be paid a bunch of money for working a cash register? Sorry. Not worth a bunch of money. Education and skill will get you paid. Those are the facts.
Love how they don’t even interview a native resident of CO about this topic. Things are so much different now than they were 10 years ago. It’s depressing I’m watching people I care about that have loved Colorado since birth be forced to leave because the interest in non native resident living there is so extreme now. My rent jumped from 900 to 1100 in two years and that was 4 years ago before I left for college. Now it’s just impossible
It’s happening everywhere Sante Fe, NM is now sooooo expensive folks born and raised there can’t afford to live there . The average income in SF is now $600,000 ….
@@zorazorazorzzora8333 Eventually the pricing will shift in the other direction. Those who bought 'forever homes' will probably be fine so long as they bought within their financial ability; looking at census data, median wage for Denver metro is somewhere in the 80k range, with a median home price of 700k the trend is unlikely to remain in an upswing. Many people could not afford to buy the house they currently live in which has further stalled the housing market, as people are wary of incurring larger amounts of debt than their salary will cover.
@@theprodigalsun__ why would the people in LA care about Denver specific census data? Besides the fact that they move here when they get sick of the Cali taxes lol. Personally I think cities like LA (and Denver approaching) have/are reaching a critical mass; the people who are driving the prices up are forcing out the low pay workers who make their Starbucks and stock their groceries. We are undeniably in a massive housing and debt bubble that is unsustainable, ask the people in LA what happened to their home values in 2008.
Sadly this is happening all over the world. Firms are buying all the homes all over the world and it's causing a global housing crisis. Some neighborhoods in London, New York and Paris are sitting up to 40% empty. These homes are just a way to store wealth against inflation for the wealthy....
The problem is the boom of people who have moved to Denver that they can’t keep up with housing so apartment/home owners can charge what they want for rent and find someone to pay that price. As a native, I can no longer afford to live here but I can’t leave because I don’t want to leave my family.
I can’t tell you how many trust fund hipsters who don’t work and qualify for the affordable housing, rent these units and then sub rent it forever to their friends. Then you make just enough to buy something but then you make too much and pushed into the 500k+ market. Such bs
Or they rent them out as AIRbnb, which is totally illegal in Denver if it's not your primary residence. So if you know someone renting an airbnb that is not their primary residence , report them. They are breaking the law and driving up the cost of housing.
Yep- thats the real problem with this strategy. Its chasing a moving target in a market that is increasing at 20-30x any increase to wages. Thats why investors will *ALWAYS* be able to pay more than someone who wants a home. As long as we let them hoard housing, we will continue to need to hemorrhage City money into affordable housing. Its the same thing as how Wal-mart pays their employees crap wages, refuses to allow people sufficient hours to qualify for medical benefits- then expects the government to pay for that employee to have access to medical care. Greed is by far the biggest threat to our way of life.
I was hoping to do just that. Then I moved into my duplex. My credit has been destroyed. I just didn't realize that 3200 a month isn't enough of money. I've had to beg borrow and steal just to stay afloat
As a Denver native, this all sounds like 100% bullshit and beating around the bush of the real issues occuring in Denver. This place use to be beautiful, now it's just becoming like any other major city with all the homelessness, drugs and violence that comes with it.
We're taking in 4 million immigrants a year who need housing. Every American city will be crowded and ruined. It's why corporations demand open borders and push ideas like "nationalism is racist" so there's no resistance to this.
The demand for apartments in Denver is not being dented by current prices. Those prices have a long way to go before any builder needs to reduce the prices.
Homeless man here. This simply won't work. No landlord is going to comply with this so long as their own expenses exceed the profit. All they'll do is create complexes of 9 or less, or create several independent real estate developments in one complex. Furthermore, most people who are in disability simply don't make more than $1000, with exceedingly rare exceptions. What needs to be done, is housing first programs involving block style construction, similar to that of the communist blocks of the ex-CCCP
Omg no. What needs to be done is the government needs to subsidize housing for people under a certain income. The government seems to find money for all the countries around the planet, seems to find money for illegal aliens to come into this country and take up all our resources how about giving it to veterans and low income people!
And another thing….cities, counties and states need to STOP selling land to *non-citizens*. The rich people from other countries buy up land and homes, then charge outrageous rents.
An overwhelming amount if real eststecis owned by interests outside our country. Most shopping malls. A lot of office buildings and a lot of residential. There are two things - one being the amount of money exported and not included in any statistics. The second thing is the shear amount of US land controlled by those who may not have US interests in their game plan.
We're taking in at least 3 million immigrants a year illegal and legal. These people voted for open borders now they're reaping the consequences. All immigration needs to be cut off I'm immediately
One of the biggest problems is that there are just too many requirements on housing/apartments that make it hard to build something 'affordable'. The councilwoman said that other places that have this sort of program still see things being built. That is NOT the important question. The thing one should ask is: Is the affordable housing issue being resolved or reduced in those places. I can see where you still get some building and token affordable units created, but nothing close to what is needed to reduce the issue. You can help the problem by streamlining the process of building housing. Some cities have done that because if it costs a ton of money and takes years to get a project off the ground, those costs all have to come back out in the rent. Houston is often brought up as a city that has very little in the way of restrictions on building and houses there run less than half of what they cost in Denver. Maybe the city is more of the problem than the developers here.
Yes in post depression until the 80's tax cuts. Wages kept up with productivity during those decades which stayed ahead of inflation. Now most of what is printed goes right to the top.
The section 8 or affordable housing is a great thing but unfortunately majority of those that fill that program have no respect for themselves or others. Most areas in time end up looking trashed. I've seen it first hand. A newly built community that had section 8 became within months looking like a ghetto. Just because your poor doesn't mean youre a dirty homeless person but that's what happens. I'd pay more and live off of top ramen than to step out of my front door with trash and filth everywhere. Stayed at an apartment that had section 8 apts and it was disgusting living there. I kept to myself and greeted everyone but it was embarrassing living there
Affordable is debatable the ones up north by Ft Collins they want 250-300k I think it was said to be, which is still high if you are at min. wage . And there isn't enough for everyone who needs it.
Perhaps they shouldn't have voted for open borders and unlimited immigration. We're taking in over 3 million immigrants a year who need housing whatd you think that'd do to Americans?
@@quaaaaaaaar ouch. St. Louis, MO is a better option than Santa Fe. The Lu has jobs, education, and great suburbs. Sometimes, it takes a terrible urban core to create a middle class.
It's disgusting to see how solving the housing crisis is impossible in the richest County in the whole world yet, can quickly and easily come up with BILLIONS to rebuild war torn Foreign countries. How is that. Can we fix the US first! 🤔
We have the resources to solve specific problems. No country has the resources to solve ALL problems. The problem is that voters want more for no taxes. Or inadequate taxes. I prefer no taxes. BUT if we are going to do something, then my next choice is to pay the taxes adequate to fund the selected topics. But Americans have grown used to borrowing. THAT bill is going to be a big one at the end of the day. As for foreign projects, I agree in general, but it is more complex in today’s world. Rebuilding Europe and Japan was both possible and an advantage to the US. Rebuilding Middle Eastern and Central Asian countries is a foolish endeavor and impossible. But our foreign policy elites are fools.
@@stephenlight647 you said it best. Voters want more for no taxes. I hear it in Denver all the time, the transit infrastructure sucks but when the vote comes up to increase taxes to fund that same infrastructure there's criticism about how poorly the money was spent "last time" so now the opposition says "No" to increase the taxes on the infrastructure This seems like more and more of a dystopian society where the have nots have to live on the street, or in groups of 9 in a single family home to get by all the while the haves criticize and say they are lazy, work shitty jobs, or are immigrants (pick your poison). Its disgusting and this country is going to rip itself apart.
That's not a bad idea because it allows lower income people to enjoy the advantages of living and a "good" area. I know it's messed up but it is true especially if you have kids. But they're $1,200 example is not affordable for most people lol. Developers would still make Bank and it would not affect their profits very much.
It’s not fair to make some units affordable and some units not. Make all the units affordable. The middle class is being removed! Half of my income monthly goes to rent!
The mega corporations want 3+ million immigrants a year to wipe out the middle class. It's why we voted for trump but too many of you thought that was waycist. So enjoy your new 3rd world country
Sure shelter is a basic necessity but does this guy have to live where he does? I get he likes the perks but sometimes you have to make sacrifices or if you don't want to you pick up a second job or budget better. The trendier the city, the higher the prices. We all can't live in the trendiest area because there are too many people who would want to. Do they not require basic economics classes anymore? It's not like he can't make it work by moving outside the city. Sure you can't bike to your friends house but you'd still have shelter.
S broadway isn’t considered trendy. He has a roommate at 30. Cherry creek and LOHI are the current trendy areas. Even in the basic and marginal areas rent here is outpacing wages.
@@robertstalnaker5728 My experience when looking at homes was being close to S Broadway was much more expensive than even 10 minutes away in areas with similar or better homes/neighborhoods. Glad I bought somewhere else, and can still easily bike to stores/restaurants/coffee and exercise/walk my dog on a greenbelt.
@@peterhansen2781 there seems to be fewer pockets of affordability once a “new” area is deemed trendy. 10 minutes west of broadway is considered more suburbia and not surprising it’s more expensive. 10 minutes east ur close to cherry creek. That’s always been ridiculous. Remember when ‘’lowhi’’ aka five points was incredibly dangerous and populated by pawn shops, bail bondsmen and high crime? High rents and million dollar condos now. I don’t know what the solution is. We left cheeseman park for the south burbs 2 yrs ago and our house (and everyone else’s) has increased nearly 180% since then. We just scratch our heads. 🤷♂️
Taking in 3 million immigrants every year who need housing is the main cause of this. By the time a kid finishes college that's almost 15 million new people in cities driving up demand and prices
Can we not say "Rent averaging $2000" for a frickin apartment? I got priced out at $950 last time I was in an apartment that "Needed to raise rents to make ends meet". Who the hell is $2000 for? Not for anyone in Denver.
I don't understand how the hosing market keeps getting more expensive but yet the salary and hourly wages don't adjust accordingly. It's like things (houses, groceries, etc.) are getting more and more expensive at a faster rate but yet the wages are not/can not keep up. This is a serious problem. Some would say, move out of Denver if you can't afford to live here. But this myopic view of the situation does not take into account that NATIONALLY wages are not going up while the cost of living is. God help us in 10-15 years, when the majority of middle America gets shifted down on the social/economic ladder because we simply can't afford the new cost of living.
The building of new buildings has been the lowest since the 1960's thanks to the scare that 2008 caused. Lack of supply meant this was going to happen. It will take decades to recover.
good idea, that way the builder will need to raise the rent from 2000 for the 18 units up to 2200 so they can make the 2 cheaper. hurt 18 help 2. government plan
So their biggest complaint is they can't profiteer off of the construction like they normally would because they would be required to build a totally insignificant number of "affordable" units? What a joke. Quit hiring private corporations to build affordable housing. They have zero incentive to do it right, and it's always going to be a half-assed joke with most of the money being skimmed off by the developer to "recover" the loss from having to build something with less profit margin. One or two "affordable" units here and there is not going to cut it, we need government funded built nicely and with _actual_ affordable units (
Be away with single-family zoning requirements, build missing middle units, and convert some of the downtown commercial stock that isn't coming back after covid into apartments/condos/live-work spaces. Incentivize that type of development with taxes and educate the public. Get rid of parking requirements while we are at it too. When all those dreams come true come find me. I'll be the guy living in a van down by the river.
More than 16 million homes are vacant in the US. That’s nearly 1 in 10 homes. It’s not a supply and demand issue, especially when we’re only 5 million short.
Perhaps taking in 3+ million immigrants a year who need housing isn't good for Americans. Do you see why all the mega corporations promote open borders?
Encourage more building projects don't discourage. It's really that simple. This bill is like putting a band-aid on a gushing wound. Give more incentives to build, Denver has to compete with other markets.
The real problem is that everyone wants a handout. No one is asking how they can simply be more VALUABLE to the marketplace, and therefore, make more money. There's no shortage of money, only a shortage of people who are unwilling to make themselves more valuable
its actually been proven that a mix of incomes in apartment complex is better and creates a thriving community then concentrating poverty. just look at what happened in other states when they concentrated poverty look at other countries that had mixed income affordable apartments they thrived and still are to this day
Literally all they need to do is get rid of parking minimums and rezone to allow multifamily housing. This whole, we need more single family homes because having a family in an apartment is impossible, is just plain stupid. That attitude, along with not changing the historical feel of an area, are what NIMBYs use to keep the market impossible to get into.
I JUST STARTED A COMPANY TO BUILD PREFAB MODULAR ADU'S IN COLORADO. MY PRODUCTION COST OF A 500 SF ADU IS $45 K AND CAN BE SOLD FOR 70k , SITE WORK IS AROUND 30K. SO FOR AROUND 100K IN CAN BUILD AFFORDABLE MODULAR PREFAB ACCESSORY DWELLING UNIT.
whoever praises the increased costs are benefiting from it. Why wouldnt the landlords just increase renting prices for the other 90% of renters to make up for lost profits? In the example: landlords would have to charge renters an additional $200 to make up for their losses. Seems like theres NOTHING stopping the actual issue of increasing rent. Its only hurting the people living paycheck to paycheck even more. So much for ever saving up for a house. Landlords and their horrible practices are dispicable and in many cases the tenants who need a place to live are at the mercy of these companies. Why does rent even increase anyway? Seriously, If a landlord was charging $1000/mo 6 years ago, and that was enough then to cover upkeep, wages, etc, then what additional costs or loans do they have to make up for with increasing rent? Their loan payments (if they have any) should be the same for the entire duration. Anything additional is just extra padding for lining their pockets- an extremely horrible and greedy practice. But hey, what do i know.
Wow, so much wrong here lol. You don't think landlord expenses went up over those 6 years?? Ever heard of inflation 🤦🏽♂️. It's so simple to call investors greedy when in reality this is how business works. If they don't profit they don't invest. If they don't invest there IS NO HOUSING! Pretty basic.
BTW, if your salary is enough to cover your expenses, why would you ever ask for a raise?? Is that greedy? Are you a bad person like these GREEDY investors?
@@CashflowKris Wow, you did such an amazing job at ignoring everything I said and replacing it with logical fallicies. I'll be under the assumption youve probably owned your house for years and have no clue how bad things are in Colorado right now. Inflation does not affect your loan price or interest rate. Especially not enough to where in ten years rent has almost doubled. Or are you suggesting that people should continue to pay as much or more for rent now as people did for a mortgage several years ago? Recent reports showed rent ten years ago in dever was $1k/mo and now its over $2k/mo, while median wages havent gone up. Please explain how citizens could ever afford housing or their own property when rent has skyrocketed unchecked and low income housing in Denver now encapsulates those making $75k/yr. And if you even for one second suggest "well live outside the city!" Rent (or property) in Denver doesnt vary much all the way North to Fort Collins. You might find something a couple bucks cheaper a month, but the cost of transportation (see more money), wear and tear (see more time, ie see more money) vastly outweigh the minor savings. "Get a job out the city!" Yeah, unfortunately not everyone works in a field thats lucky enough to allow them to be able to live in a remote area. And even then, see the above paragraph. Seems like the people claiming that I know nothing are the least informed, experienced, and knowledgeable about the subject. Very poignant.
@@jessegarrett4992 When it comes to moving into a tent, paint it with a few coats of outdoor paint as soon as possible. Even the screen roof can be sealed up with a few coats, but just a light coat will give the screens longevity and durability. That's how you get started, a bunch more upgrades you can do to any tent. Good luck
@@forcesightknight bro thanks I Ben there some that I’ll don it again I only used a tent in the snow I slept allniver the fuckimg place bye the river and I’m field just a sleeping bag bro I only needed a tent on realy bad days I don’t make homes on the street I just slept where ever like real g bro
Raccoons and ducks where my best friend when I just used a sleeping bag not a tent fool to ur a loser tents are only needed in coldest weather I’m more afraid of coward ass unkoldged humans than the animals
We need housing subsidies for everyone paying more than %30 of their income. How about we return all of the short term rentals back into the affordable housing units that they once were? 10-20% of new building units is not going to cut it.
Not helping the citizens of our country when bringing in millions of immigrants. Many promised housing. We are running our people out of housing for lack of affordability. Should be a limit on section 8. It's great to help those experiencing a rough time. Not meant to be for a lifetime. Unless a person is unable to work because of age or disability there should be a max 5 yr. cap. Lots of ppl need a break. So many more could be helped rather than having loafers benefiting forever. Our system should help ppl to help themselves.
The only way to solve affordable housing crisis is by incetivizing ownership. Like the Singapore government did. Build high rises, crest homeowners associations and hand them over to people who can use them and still pay for upkeep.
I wonder if those who don't support this have studied states that have been doing this for decades with success. In MD, for example, it's been the norm for 20 plus years. I will also tell you that the vast majority who take advantage of this are seniors, disabled veterans and families who are the working poor and want their children to have a quality education. These rentals can be apartments, townhomes or single family homes and are seperate from Section 8 housing. It's a first come, first serve availabilty and EVERY rental community is legally required to have this in place. No one has an issue with it. Sounds like Denver is going after the $$$$ vs actually wanting to help.
This attempt is laughable and will never solve the problem. They need a rental assistance program with housing vouchers for those in need. What ever happened to that program and funding? A city is not a city without its working class residents.
Plus my inside info on health and human services showed that all the new out of state people moving to Colorado has doubled the case load and they have to overhaul the entire workforce. Meaning they need twice the amount of government staff. It’s a big sht show to say the least.
Current housing prices across the nation are the result of demand and regulation. You can subsidize rent. You can print money. You can give people free college. You can do all of that and you will end up with a completely broken economy. Why? Because labor productivity is not increasing. You cannot produce more wealth through subsidies. You need to de-regulate and become more productive.
Government interference in the housing market (backing or creating conditions that make borrowing artificially less expensive than it should be) played a huge role in creating this problem. Same reason higher education costs are insane.
Owning property is a business! Why is that so hard for people to understand? You all want something for nothing and feel entitled to live for less. So ridiculous.
Can't afford to live here anymore. Was born here and it would be nice, to NOT be priced out of house and home literally... Go back to your own states if you don't support affordable housing or livable wages.
This is a story as old as time. Smart young people just need to do some research on lower cost areas that have good job prospects. I live in a small town about 18 miles outside of a hub city. Yes, it's not a trendy area with artisanal coffee shops etc. Do not move to an expensive trendy city you love and expect them to lower the living costs just because of the love of humanity.
@ C DuPont. Often and probably most of the time the cost of the car, insurance and gas for the commute is still significantly less than the expensive housing in trendy/upscale areas. I love my house, but it’s not in a city/town that I would love to live. I can’t afford to live in that town so I live here. We are not entitled to live in our dream home or dream city, most have to work our way up gradually to have those things and a lot of people, maybe even most people never attain that. However, I have good news, those are not the things in life that bring happiness. It’s our relationships and what we give back to the community we do live in that brings real and lasting happiness.
Where and how? Almost every plot of land from Denver to Ft Collins is about 300k, so owning anything is completely out the question. Id love to know which part of Colorado you are in and which city you are 18 miles from.
@@cdupont491 You might hate cars, but it is an easy20 minute drive into town. I do not expect a young person to be born with car keys in hand. Obviously if you are getting your first job ever, then you will need to buy a car before you move.
Yes, there are lots of jobs starting between $13 to $15 an hour (or more if you have skills) in nearby Lubbock Texas. You can live on that unless you have a drug or alcohol habit or like eating out most of the time.
why the fuck would we give housing to drug addicted criminals that don't deserve it? That would make the problem so much worse, and i know it would because i have two brothers that are homeless in denver so they give me a great insight on how these people work and behave.
@@TheMph76 it is an example of a broader problem. you are probably not from CO or too rich to know better but you also have general managers and hard-working folk living out of their cars here.
@Denver7 Maybe if people started life off with an affordable Education people would have good higher paying jobs to pay higher prices. Hmmm 🤔 where do u get the data and info of all these programs?
The apartments are not affordable. Workers need affordable housing or they will leave. It will have a negative impact on the wealthy, ultimately. You need to have workers or you will not make a profit.
A good shopper can find great deals on Nice Motorhomes, big ones, no milage Like new. Park , and survive, no rent , just registering Licenses, tax, fuel costs and insurance of course. A separate car to use and travel.
@@masonkanterbury3007 not trailers, I'm talking Motorhomes, RV , live were you can, Move when you need too. Rv parks are Few, expensive and not the best places to enjoy freedom. Lots of rules.
If we got rid of cooperate bullshit like Walmart and target and Amazon and all that sh it and brought back mom and pop shops we would t have such a problem
@@elizabethchristine6413 go do your research little girl evrybod wants to be rich and not work in these times ain’t too many humble people get over your self
@@elizabethchristine6413 this is why we don’t need big striae buildings either and than we wouldn’t need low income housing if it wasn’t for capitalism
@@catherinemartinez5542 no but that’s life right? No one owes you anything. Time to make better choices. If you can’t afford to rent there than you have to go where you can. I want to live in Beverly Hills. I can’t so I don’t. I don’t whine about it and expect someone else to pay my way or take a loss so I can live there. Sucks but that’s how it is
They make PLENTY of money building these units. 🤣🤣🤣🤣🤣 The only people opposing this idea are people who aren’t suffering from constant near homelessness which is PETTY AF.
Well it worked so great in California cities we just had to give it a try... Oh wait. It's made California totally unlivable except for homeless people.
I've spoken with anthropologist that travel the globe.. they say they've never seen more gentrification than they have in denver... I just want to know y.. y choose to come here?. this ain't a big a city.. it's very boring.. not enuff stores.. there are food desserts all over the town..horrible weather.. people aren't very friendly.. the architecture is plain.. the weed sux..y denver?
2 rooms out of 20 would break these billionaires? These building sites probably have at least 1/2 of a room in extra leftover supplies/materials. 10% can be dealt with. Maybe I'm wrong due to me living in california. But I think Denver could do the ten % & afford the tax wrote offs. I'm ca, we have landlord programs but many aren't advertised sadly. You gotta be in the know or do amazing research which costs time. Time is money in the construction industry & real estate.
What are the requirements? Are those 20 apartments all 2-bedroom units? Do the affordable ones have to be 2-bedroom as well? Or can they just split one 2-bedroom in two 1-bedroom units? The developer would likely accept offering affordable 1-bedroom or studio apartments, but not having to offer two 2-bedroom units at a loss.
![ОРБАН приехал к ПУТИНУ и "отчитался" о поездке в Киев 😁 [Пародия]](http://i.ytimg.com/vi/_0ukDovOWq8/mqdefault.jpg)
Their definition of affordable is debatable. Many people don’t make enough money to qualify for this “affordable housing “.
Maybe those people should get a job and earn more money?
Just a few years ago making 4k a month was considered cushioned living in the south US. Not. Any. More.
@@Raul1CC you have to be in the top 25% of the city to not qualify for affordable housing now. you aren't from Denver.
@@andrewevans5750 if only that were true. there is a gray area where you can make too much to qualify but can't qualify for a non affordable home still. I fell into that area for a bit but got lucky lately to get myself an affordable home.
@@raventhorX The median per-capita salary is 36k. if we look at individuals, anything over 60k [cutoff for aid] starts to push you into that gray area.
Someone needs to tell Scott $2000 a month apartments aren’t affordable or an option. Greed plan and simple
nice news story w a pretty band-aid on a infected oozing wound...
I'm an emergency dispatch operator, veteran, and father. Even with the VA Loan, there's zero chance I can buy a house in Colorado. I work 50-70 hour weeks. This Friday will be my first day off in 19 days, if I don't get called in. I keep hearing about the "traditional family" is so important in this country, and a lot of people would say that mine is pretty "traditional," with me working full time and my wife working part time while she finishes school...so, lil help, please???
No? Yeah, thought not.
Their idea of affordable isn't my idea of affordable and do they realize how many people would be applying for a few affordable apartments?
Then stop taking in 4 million immigrants a year who need housing. Can't liberals see this? You wanted open borders
The problem with apartment prices is that these corporation landlords want a five year ROI which leaves the renter to pay that high price. Could you imagine buying a house and paying it off in five years? That's what these corporations want so they can make money. Part of the problem with single family homes prices is that 16% of all single family homes in the Denver area are rentals, that's almost one in five. The other part of high single family home prices is the real estate industry constantly pushing higher asking prices. It's all greed so some people don't have to work and just sit back and get rich. Try banning owning more that two houses by any one person in the state and that would solve a bit of the price problem.
Limiting investor owned units would eliminate nearly all rentals. These companies are providing housing that would otherwise be owned and managed by our inept government.
@@CashflowKris I didn't say ban owning apartment buildings, just single family homes. The apartment problem needs a different solution.
Well they are in it for profit, like any other business. Owning property is a business
We're taking in 4 million immigrants a year who need housing. We voted for trump to try to stop this. Now we're reaping the consequences. Mega corporations want open borders
@@manager4409 amen!
Cities, counties, states are a problem as well. They need to allow the building of smaller homes, tiny homes, mobile homes, 3D homes, etc. In Florida, for example, it’s hard (if not impossible) to get a permit to build a $100k home. You have to build a $200k+ home, at least. It’s all about the property tax. In a small town in Oklahoma they have banned mobile homes. Cities, counties, and states need to do more to ALLOW affordable housing.
American have a deep hatred for poor people and if they can't make money off you they'll criminalized or restricted you that's all I get from this strict zoning
The Florida homestead amendment shifts more of the tax increases on rental or commercial properties.
The Feds & State officials need to offer incentives to build affordable housing that cannot be sold to rental companies for at least 20 or 30 years. That should be the first step, smaller homes between 400sq ft & up should also be allowed in more urban or higher density areas & the biggest elephant in the room you have to deal with are the NIMBYS (they only care about themselves). They have their home so who cares about anyone else who needs a home to live in or buy.
The big rental companies are buying up a lot of the entry level starter homes in Florida (especially in WPB, Miami, Orlando, Jacksonville & Tampa areas). But most new home construction is in new fenced or gated in communities where homes are about 10' apart.
At any rate I can't find anything affordable even in apartments being over a thousand a month I can pay that.. life will suck though living off top roman and cheap hotdogs mac n cheese when I feel fancy... Good luck Colorado I'm moving out the state priced me out, I doubt anyone working at or near min. wage will stick around for long
And when we get pushed out nobody will work the jobs we work and then they'll have a real problem.
And you don't even want to try to find an "affordable" apartment in NYC where an studio size apartment starts a $1,800 and an non affordable could go for$1,200
Minimum wage isn’t supposed to support you
Why not?
@@gaz9663 because it’s a skillless job any teenager can do. It’s not a career. It’s for first jobs and part time. In no way is working at a fast food restaurant ever supposed to support a family. Only since welfare and children born of wedlock and the breakdown of family has there been adults behind counters and at retail like there is now. When I was a kid you’d NEVER see a young parent with 3 kids trying to support a family at a fast food place. You expect to be paid a bunch of money for working a cash register? Sorry. Not worth a bunch of money. Education and skill will get you paid. Those are the facts.
Love how they don’t even interview a native resident of CO about this topic. Things are so much different now than they were 10 years ago. It’s depressing I’m watching people I care about that have loved Colorado since birth be forced to leave because the interest in non native resident living there is so extreme now. My rent jumped from 900 to 1100 in two years and that was 4 years ago before I left for college. Now it’s just impossible
It’s happening everywhere
Sante Fe, NM is now sooooo expensive folks born and raised there can’t afford to live there . The average income in SF is now $600,000 ….
@@zorazorazorzzora8333 Eventually the pricing will shift in the other direction. Those who bought 'forever homes' will probably be fine so long as they bought within their financial ability; looking at census data, median wage for Denver metro is somewhere in the 80k range, with a median home price of 700k the trend is unlikely to remain in an upswing. Many people could not afford to buy the house they currently live in which has further stalled the housing market, as people are wary of incurring larger amounts of debt than their salary will cover.
@@710_jams8 tell that to LA
@@theprodigalsun__ why would the people in LA care about Denver specific census data? Besides the fact that they move here when they get sick of the Cali taxes lol.
Personally I think cities like LA (and Denver approaching) have/are reaching a critical mass; the people who are driving the prices up are forcing out the low pay workers who make their Starbucks and stock their groceries. We are undeniably in a massive housing and debt bubble that is unsustainable, ask the people in LA what happened to their home values in 2008.
Sadly this is happening all over the world. Firms are buying all the homes all over the world and it's causing a global housing crisis. Some neighborhoods in London, New York and Paris are sitting up to 40% empty. These homes are just a way to store wealth against inflation for the wealthy....
The problem is the boom of people who have moved to Denver that they can’t keep up with housing so apartment/home owners can charge what they want for rent and find someone to pay that price. As a native, I can no longer afford to live here but I can’t leave because I don’t want to leave my family.
Sorry to hear that. That's exactly what happened to me in the northeast
Can't you go live on the reservation since your native and all..
@@a-damgrubeer8527Wow, racist at all? Insensitive transplant.
"Denver's controversial affordable housing plan is criticized by some, praised by others"
Yes...that's what controversial means
I can’t tell you how many trust fund hipsters who don’t work and qualify for the affordable housing, rent these units and then sub rent it forever to their friends. Then you make just enough to buy something but then you make too much and pushed into the 500k+ market. Such bs
U don't know any " trust fund hipsters" take some damn responsibility corksoaker
Or they rent them out as AIRbnb, which is totally illegal in Denver if it's not your primary residence. So if you know someone renting an airbnb that is not their primary residence , report them. They are breaking the law and driving up the cost of housing.
So if 10% of units are to be rented as 'affordable', does that mean the other 90% of units are rented as 'unaffordable'???
Yep- thats the real problem with this strategy. Its chasing a moving target in a market that is increasing at 20-30x any increase to wages. Thats why investors will *ALWAYS* be able to pay more than someone who wants a home. As long as we let them hoard housing, we will continue to need to hemorrhage City money into affordable housing. Its the same thing as how Wal-mart pays their employees crap wages, refuses to allow people sufficient hours to qualify for medical benefits- then expects the government to pay for that employee to have access to medical care. Greed is by far the biggest threat to our way of life.
Market value
The affordable housing is to buy a older RV...fix it up and your a homeowner....it's wheelastate
I was hoping to do just that. Then I moved into my duplex. My credit has been destroyed. I just didn't realize that 3200 a month isn't enough of money. I've had to beg borrow and steal just to stay afloat
As a Denver native, this all sounds like 100% bullshit and beating around the bush of the real issues occuring in Denver. This place use to be beautiful, now it's just becoming like any other major city with all the homelessness, drugs and violence that comes with it.
Right!!
You wanted open borders and unlimited immigration. We're taking in 3+ million a year who need housing whatd you think would happen?
There is no affordable housing. I am so disappointed in corporations running the economy.
We're taking in 4 million immigrants a year who need housing. Every American city will be crowded and ruined. It's why corporations demand open borders and push ideas like "nationalism is racist" so there's no resistance to this.
When no one can afford the rent landlords will go bankrupt servers them rite
The demand for apartments in Denver is not being dented by current prices. Those prices have a long way to go before any builder needs to reduce the prices.
@AllBout Criptains yup. Oh well
Open borders and unlimited immigration gives them total power
Yeaaaa…..let’s follow Boulder! Because everyone loves Boulder!!! Wait, no one outside of Boulder likes Boulder.
Homeless man here. This simply won't work. No landlord is going to comply with this so long as their own expenses exceed the profit. All they'll do is create complexes of 9 or less, or create several independent real estate developments in one complex.
Furthermore, most people who are in disability simply don't make more than $1000, with exceedingly rare exceptions.
What needs to be done, is housing first programs involving block style construction, similar to that of the communist blocks of the ex-CCCP
Omg no. What needs to be done is the government needs to subsidize housing for people under a certain income. The government seems to find money for all the countries around the planet, seems to find money for illegal aliens to come into this country and take up all our resources how about giving it to veterans and low income people!
careful Shawn, you said that bad C word. The replies are about to light you up buddy, lol!
And another thing….cities, counties and states need to STOP selling land to *non-citizens*. The rich people from other countries buy up land and homes, then charge outrageous rents.
An overwhelming amount if real eststecis owned by interests outside our country. Most shopping malls. A lot of office buildings and a lot of residential. There are two things - one being the amount of money exported and not included in any statistics. The second thing is the shear amount of US land controlled by those who may not have US interests in their game plan.
Oh well
You silly person, most real state in the USA is owned bought and resold for more by Wall Street.
@@melibertine2845 There is nothing silly about what I said. 🙄🙄🙄
We're taking in at least 3 million immigrants a year illegal and legal. These people voted for open borders now they're reaping the consequences. All immigration needs to be cut off I'm immediately
One of the biggest problems is that there are just too many requirements on housing/apartments that make it hard to build something 'affordable'. The councilwoman said that other places that have this sort of program still see things being built. That is NOT the important question. The thing one should ask is: Is the affordable housing issue being resolved or reduced in those places. I can see where you still get some building and token affordable units created, but nothing close to what is needed to reduce the issue. You can help the problem by streamlining the process of building housing. Some cities have done that because if it costs a ton of money and takes years to get a project off the ground, those costs all have to come back out in the rent. Houston is often brought up as a city that has very little in the way of restrictions on building and houses there run less than half of what they cost in Denver. Maybe the city is more of the problem than the developers here.
There are no examples of working people ever keeping up with inflation. In short, they can print it faster than you can earn it.
Sure, but it is worse today than ever. Saying it's always been a problem, doesn't make it not a problem.
Yes in post depression until the 80's tax cuts. Wages kept up with productivity during those decades which stayed ahead of inflation. Now most of what is printed goes right to the top.
We're taking in 3 million immigrants a year who need housing. What did you think this would do to Americans? Open borders will wreck America
as a native here in Colorado this is why i'm going to Florida and that the homeless population is starting to get as bad as California....
Please come but don't vote democrat if you don't want the same thing in Florida!
Can you connect the dots that taking in 4 million immigrants who need housing is directly making life hell on Americans in all sorts of ways?
oh you don't have to worry about that, at least with me 😆
Good. Don’t let the door hit you, fucktard
I’ve never not been rent burdened.
The section 8 or affordable housing is a great thing but unfortunately majority of those that fill that program have no respect for themselves or others. Most areas in time end up looking trashed. I've seen it first hand. A newly built community that had section 8 became within months looking like a ghetto. Just because your poor doesn't mean youre a dirty homeless person but that's what happens. I'd pay more and live off of top ramen than to step out of my front door with trash and filth everywhere. Stayed at an apartment that had section 8 apts and it was disgusting living there. I kept to myself and greeted everyone but it was embarrassing living there
I’ve lived in section 8 my entire life. Only people I knew who called our complex ‘ghetto’ were the people we were told not to talk too 😬😬
Affordable is debatable the ones up north by Ft Collins they want 250-300k I think it was said to be, which is still high if you are at min. wage . And there isn't enough for everyone who needs it.
Perhaps they shouldn't have voted for open borders and unlimited immigration. We're taking in over 3 million immigrants a year who need housing whatd you think that'd do to Americans?
@@manager4409 quit your ignorant fear mongering.
"3 million immigrants a year"
please site a source to this ludicrous claim
Nothing like a politician to come up with bad policy. No investors = no housing (or government housing 🤮)
we need owners not investors
Putting builders under water is total BS. He's just eating his profits!!!!!!!
Absolute BS 💯
Ppl moving to Colorado are RUINING it!!!!
U are right. They are scattering here like roaches.
@@quaaaaaaaar is it humid there? I might have to move there some day
@@quaaaaaaaar ouch. St. Louis, MO is a better option than Santa Fe. The Lu has jobs, education, and great suburbs. Sometimes, it takes a terrible urban core to create a middle class.
@@ghettogreenbeann my family had land in Las Cruces when I was growing up. It can get over 100 degrees in the summer.
@@andrewevans5750 hell no st louis sucks
Look into Kingsley management trailer parks. A great example of selfish greed at its finest. Some may even call it a trap.
It's disgusting to see how solving the housing crisis is impossible in the richest County in the whole world yet, can quickly and easily come up with BILLIONS to rebuild war torn Foreign countries. How is that. Can we fix the US first! 🤔
Then we take in refugees when we can't even house our own population.
We have the resources to solve specific problems. No country has the resources to solve ALL problems. The problem is that voters want more for no taxes. Or inadequate taxes. I prefer no taxes. BUT if we are going to do something, then my next choice is to pay the taxes adequate to fund the selected topics. But Americans have grown used to borrowing. THAT bill is going to be a big one at the end of the day.
As for foreign projects, I agree in general, but it is more complex in today’s world. Rebuilding Europe and Japan was both possible and an advantage to the US. Rebuilding Middle Eastern and Central Asian countries is a foolish endeavor and impossible. But our foreign policy elites are fools.
@@stephenlight647 you said it best. Voters want more for no taxes.
I hear it in Denver all the time, the transit infrastructure sucks but when the vote comes up to increase taxes to fund that same infrastructure there's criticism about how poorly the money was spent "last time" so now the opposition says "No" to increase the taxes on the infrastructure
This seems like more and more of a dystopian society where the have nots have to live on the street, or in groups of 9 in a single family home to get by all the while the haves criticize and say they are lazy, work shitty jobs, or are immigrants (pick your poison).
Its disgusting and this country is going to rip itself apart.
That's not a bad idea because it allows lower income people to enjoy the advantages of living and a "good" area. I know it's messed up but it is true especially if you have kids. But they're $1,200 example is not affordable for most people lol. Developers would still make Bank and it would not affect their profits very much.
It’s not fair to make some units affordable and some units not. Make all the units affordable. The middle class is being removed! Half of my income monthly goes to rent!
The mega corporations want 3+ million immigrants a year to wipe out the middle class. It's why we voted for trump but too many of you thought that was waycist. So enjoy your new 3rd world country
Sure shelter is a basic necessity but does this guy have to live where he does? I get he likes the perks but sometimes you have to make sacrifices or if you don't want to you pick up a second job or budget better. The trendier the city, the higher the prices. We all can't live in the trendiest area because there are too many people who would want to. Do they not require basic economics classes anymore? It's not like he can't make it work by moving outside the city. Sure you can't bike to your friends house but you'd still have shelter.
S broadway isn’t considered trendy. He has a roommate at 30. Cherry creek and LOHI are the current trendy areas. Even in the basic and marginal areas rent here is outpacing wages.
@@robertstalnaker5728 My experience when looking at homes was being close to S Broadway was much more expensive than even 10 minutes away in areas with similar or better homes/neighborhoods. Glad I bought somewhere else, and can still easily bike to stores/restaurants/coffee and exercise/walk my dog on a greenbelt.
@@peterhansen2781 there seems to be fewer pockets of affordability once a “new” area is deemed trendy. 10 minutes west of broadway is considered more suburbia and not surprising it’s more expensive. 10 minutes east ur close to cherry creek. That’s always been ridiculous. Remember when ‘’lowhi’’ aka five points was incredibly dangerous and populated by pawn shops, bail bondsmen and high crime? High rents and million dollar condos now. I don’t know what the solution is. We left cheeseman park for the south burbs 2 yrs ago and our house (and everyone else’s) has increased nearly 180% since then. We just scratch our heads. 🤷♂️
U can tell ur a boomer. Shut up already
I hope the affordable homes are going to long time CO residents.
Same
That has been done in NYC for decades and it does not work. We still have a huge homeless population made worst by the pandemic.
Taking in 3 million immigrants every year who need housing is the main cause of this. By the time a kid finishes college that's almost 15 million new people in cities driving up demand and prices
And if I'm gonna struggle financially the last place I wanna be is in a cold, flat, barren, beachless state over 1500 miles from the ocean
Can we not say "Rent averaging $2000" for a frickin apartment? I got priced out at $950 last time I was in an apartment that "Needed to raise rents to make ends meet". Who the hell is $2000 for? Not for anyone in Denver.
I don't understand how the hosing market keeps getting more expensive but yet the salary and hourly wages don't adjust accordingly. It's like things (houses, groceries, etc.) are getting more and more expensive at a faster rate but yet the wages are not/can not keep up.
This is a serious problem. Some would say, move out of Denver if you can't afford to live here. But this myopic view of the situation does not take into account that NATIONALLY wages are not going up while the cost of living is.
God help us in 10-15 years, when the majority of middle America gets shifted down on the social/economic ladder because we simply can't afford the new cost of living.
The building of new buildings has been the lowest since the 1960's thanks to the scare that 2008 caused. Lack of supply meant this was going to happen. It will take decades to recover.
good idea, that way the builder will need to raise the rent from 2000 for the 18 units up to 2200 so they can make the 2 cheaper. hurt 18 help 2. government plan
It's worked in Kansas City for 30% AMI residents. If KC can do it Denver can too. Tax abatements make ALL the difference.
So their biggest complaint is they can't profiteer off of the construction like they normally would because they would be required to build a totally insignificant number of "affordable" units? What a joke. Quit hiring private corporations to build affordable housing. They have zero incentive to do it right, and it's always going to be a half-assed joke with most of the money being skimmed off by the developer to "recover" the loss from having to build something with less profit margin. One or two "affordable" units here and there is not going to cut it, we need government funded built nicely and with _actual_ affordable units (
Be away with single-family zoning requirements, build missing middle units, and convert some of the downtown commercial stock that isn't coming back after covid into apartments/condos/live-work spaces. Incentivize that type of development with taxes and educate the public. Get rid of parking requirements while we are at it too. When all those dreams come true come find me. I'll be the guy living in a van down by the river.
More than 16 million homes are vacant in the US. That’s nearly 1 in 10 homes. It’s not a supply and demand issue, especially when we’re only 5 million short.
I could never work sitting on my butt with a computer
I wonder who will get the 2 affordable units?
Of course a developer would rather get tax dollars than cut into their profits. A guy like that renter should be able to afford a home by himself.
Perhaps taking in 3+ million immigrants a year who need housing isn't good for Americans. Do you see why all the mega corporations promote open borders?
Encourage more building projects don't discourage. It's really that simple. This bill is like putting a band-aid on a gushing wound. Give more incentives to build, Denver has to compete with other markets.
What’s so controversial about getting working people a place to live? We live in a cold world
Then stop taking in 4 million immigrants a year who need housing. Can't liberals see this?
It's very simple the have to move to a city that they can afford , hello!!! Don't tell me I have to pay them to stay here!!
The real problem is that everyone wants a handout. No one is asking how they can simply be more VALUABLE to the marketplace, and therefore, make more money. There's no shortage of money, only a shortage of people who are unwilling to make themselves more valuable
its actually been proven that a mix of incomes in apartment complex is better and creates a thriving community then concentrating poverty. just look at what happened in other states when they concentrated poverty look at other countries that had mixed income affordable apartments they thrived and still are to this day
Literally all they need to do is get rid of parking minimums and rezone to allow multifamily housing. This whole, we need more single family homes because having a family in an apartment is impossible, is just plain stupid. That attitude, along with not changing the historical feel of an area, are what NIMBYs use to keep the market impossible to get into.
NIMBY is paid for. Get over it
Subsidizing high rents will just justify ever increasing rents.
I JUST STARTED A COMPANY TO BUILD PREFAB MODULAR ADU'S IN COLORADO. MY PRODUCTION COST OF A 500 SF ADU IS $45 K AND CAN BE SOLD FOR 70k , SITE WORK IS AROUND 30K. SO FOR AROUND 100K IN CAN BUILD AFFORDABLE MODULAR PREFAB ACCESSORY DWELLING UNIT.
Because if you can’t live in a highly desirable location, you just can’t survive.
These type of programs never work long term.
Criticizing with out an alternative solution is just whining we've had enough of that with politicians elect unaffiliated candidates
whoever praises the increased costs are benefiting from it.
Why wouldnt the landlords just increase renting prices for the other 90% of renters to make up for lost profits? In the example: landlords would have to charge renters an additional $200 to make up for their losses. Seems like theres NOTHING stopping the actual issue of increasing rent. Its only hurting the people living paycheck to paycheck even more. So much for ever saving up for a house.
Landlords and their horrible practices are dispicable and in many cases the tenants who need a place to live are at the mercy of these companies.
Why does rent even increase anyway? Seriously, If a landlord was charging $1000/mo 6 years ago, and that was enough then to cover upkeep, wages, etc, then what additional costs or loans do they have to make up for with increasing rent? Their loan payments (if they have any) should be the same for the entire duration. Anything additional is just extra padding for lining their pockets- an extremely horrible and greedy practice.
But hey, what do i know.
Your last sentence sums it up perfectly. You know nothing :)
@@zigzag8162 ong most people here are talking through their ass.
Wow, so much wrong here lol. You don't think landlord expenses went up over those 6 years?? Ever heard of inflation 🤦🏽♂️. It's so simple to call investors greedy when in reality this is how business works. If they don't profit they don't invest. If they don't invest there IS NO HOUSING! Pretty basic.
BTW, if your salary is enough to cover your expenses, why would you ever ask for a raise?? Is that greedy? Are you a bad person like these GREEDY investors?
@@CashflowKris Wow, you did such an amazing job at ignoring everything I said and replacing it with logical fallicies.
I'll be under the assumption youve probably owned your house for years and have no clue how bad things are in Colorado right now.
Inflation does not affect your loan price or interest rate. Especially not enough to where in ten years rent has almost doubled. Or are you suggesting that people should continue to pay as much or more for rent now as people did for a mortgage several years ago? Recent reports showed rent ten years ago in dever was $1k/mo and now its over $2k/mo, while median wages havent gone up.
Please explain how citizens could ever afford housing or their own property when rent has skyrocketed unchecked and low income housing in Denver now encapsulates those making $75k/yr.
And if you even for one second suggest "well live outside the city!" Rent (or property) in Denver doesnt vary much all the way North to Fort Collins. You might find something a couple bucks cheaper a month, but the cost of transportation (see more money), wear and tear (see more time, ie see more money) vastly outweigh the minor savings.
"Get a job out the city!" Yeah, unfortunately not everyone works in a field thats lucky enough to allow them to be able to live in a remote area. And even then, see the above paragraph.
Seems like the people claiming that I know nothing are the least informed, experienced, and knowledgeable about the subject. Very poignant.
They need to start selling OTC tags for housing developers
More transit options would solve a lot of these problems, slightly higher rent is not as much of of an issue if you’re not chained to a car payment.
Affordable housing IS A TENT. That's the only affordable housing.
And we all should be living in teepee natives need it back
@@jessegarrett4992 When it comes to moving into a tent, paint it with a few coats of outdoor paint as soon as possible. Even the screen roof can be sealed up with a few coats, but just a light coat will give the screens longevity and durability. That's how you get started, a bunch more upgrades you can do to any tent. Good luck
@@forcesightknight bro thanks I Ben there some that I’ll don it again I only used a tent in the snow I slept allniver the fuckimg place bye the river and I’m field just a sleeping bag bro I only needed a tent on realy bad days I don’t make homes on the street I just slept where ever like real g bro
@@forcesightknight so don’t try to spit some knoldge at me that way again bro
Raccoons and ducks where my best friend when I just used a sleeping bag not a tent fool to ur a loser tents are only needed in coldest weather I’m more afraid of coward ass unkoldged humans than the animals
We need housing subsidies for everyone paying more than %30 of their income. How about we return all of the short term rentals back into the affordable housing units that they once were? 10-20% of new building units is not going to cut it.
They can care less, and it shows....
Im paying almost 40% under sec 8 .
Landlords and Mayor/ Council sleepingv together.
Landlirds are gouging
Kamala is finacial advisor to Black Rock.
Yeah and how much are they able to write off in taxes???
The definition of affordable is in question when I make too much too qualify but not enough to get by in standard housing.
Not helping the citizens of our country when bringing in millions of immigrants. Many promised housing. We are running our people out of housing for lack of affordability. Should be a limit on section 8. It's great to help those experiencing a rough time. Not meant to be for a lifetime. Unless a person is unable to work because of age or disability there should be a max 5 yr. cap. Lots of ppl need a break. So many more could be helped rather than having loafers benefiting forever. Our system should help ppl to help themselves.
Developers will simply move to other markets or offer the cheap units to their management staff as part of their benefits package....
The only way to solve affordable housing crisis is by incetivizing ownership. Like the Singapore government did. Build high rises, crest homeowners associations and hand them over to people who can use them and still pay for upkeep.
I wonder if those who don't support this have studied states that have been doing this for decades with success. In MD, for example, it's been the norm for 20 plus years. I will also tell you that the vast majority who take advantage of this are seniors, disabled veterans and families who are the working poor and want their children to have a quality education. These rentals can be apartments, townhomes or single family homes and are seperate from Section 8 housing. It's a first come, first serve availabilty and EVERY rental community is legally required to have this in place. No one has an issue with it. Sounds like Denver is going after the $$$$ vs actually wanting to help.
Same in Texas..never ending tract homes…depressing
The governor won't close the border so Texas will turn into a 3rd world hellhole
This attempt is laughable and will never solve the problem. They need a rental assistance program with housing vouchers for those in need. What ever happened to that program and funding? A city is not a city without its working class residents.
Perhaps taking in 3+ million immigrants a year who need housing isn't the best idea. It's why we voted for trump and people wouldn't listen
Plus my inside info on health and human services showed that all the new out of state people moving to Colorado has doubled the case load and they have to overhaul the entire workforce. Meaning they need twice the amount of government staff. It’s a big sht show to say the least.
When the system values profits over people this is the result
Current housing prices across the nation are the result of demand and regulation. You can subsidize rent. You can print money. You can give people free college. You can do all of that and you will end up with a completely broken economy. Why? Because labor productivity is not increasing. You cannot produce more wealth through subsidies. You need to de-regulate and become more productive.
Government interference in the housing market (backing or creating conditions that make borrowing artificially less expensive than it should be) played a huge role in creating this problem. Same reason higher education costs are insane.
@@peterhansen2781 Agreed.
Owning property is a business! Why is that so hard for people to understand? You all want something for nothing and feel entitled to live for less. So ridiculous.
Watch out for USA properties
Why can’t the state build the housing for affordable housing?
That's would never work and I stay in Denver
Can't afford to live here anymore. Was born here and it would be nice, to NOT be priced out of house and home literally...
Go back to your own states if you don't support affordable housing or livable wages.
This is a story as old as time. Smart young people just need to do some research on lower cost areas that have good job prospects. I live in a small town about 18 miles outside of a hub city. Yes, it's not a trendy area with artisanal coffee shops etc. Do not move to an expensive trendy city you love and expect them to lower the living costs just because of the love of humanity.
Are there jobs in your area? Probably not and do you need a car, auto insurance, etc... to then work?
@ C DuPont. Often and probably most of the time the cost of the car, insurance and gas for the commute is still significantly less than the expensive housing in trendy/upscale areas. I love my house, but it’s not in a city/town that I would love to live. I can’t afford to live in that town so I live here. We are not entitled to live in our dream home or dream city, most have to work our way up gradually to have those things and a lot of people, maybe even most people never attain that. However, I have good news, those are not the things in life that bring happiness. It’s our relationships and what we give back to the community we do live in that brings real and lasting happiness.
Where and how? Almost every plot of land from Denver to Ft Collins is about 300k, so owning anything is completely out the question.
Id love to know which part of Colorado you are in and which city you are 18 miles from.
@@cdupont491 You might hate cars, but it is an easy20 minute drive into town. I do not expect a young person to be born with car keys in hand. Obviously if you are getting your first job ever, then you will need to buy a car before you move.
Yes, there are lots of jobs starting between $13 to $15 an hour (or more if you have skills) in nearby Lubbock Texas. You can live on that unless you have a drug or alcohol habit or like eating out most of the time.
Here's a sad fact. There were less than 10,000 homeless in Denver in 2018 and 13,000 vacant luxury apartments. That developer is full of it.
why the fuck would we give housing to drug addicted criminals that don't deserve it? That would make the problem so much worse, and i know it would because i have two brothers that are homeless in denver so they give me a great insight on how these people work and behave.
@@TheMph76 it is an example of a broader problem. you are probably not from CO or too rich to know better but you also have general managers and hard-working folk living out of their cars here.
@Denver7 Maybe if people started life off with an affordable Education people would have good higher paying jobs to pay higher prices. Hmmm 🤔 where do u get the data and info of all these programs?
The apartments are not affordable. Workers need affordable housing or they will leave. It will have a negative impact on the wealthy, ultimately. You need to have workers or you will not make a profit.
A good shopper can find great deals on
Nice Motorhomes, big ones, no milage
Like new. Park , and survive, no rent , just registering Licenses, tax, fuel costs and insurance of course. A separate car to use and travel.
@@jackhammer7824 You think people aren't crowding the mobile home market? The spaces alone sans home are unavailable.
@@masonkanterbury3007 not trailers, I'm talking Motorhomes, RV , live were you can,
Move when you need too. Rv parks are
Few, expensive and not the best places to enjoy freedom. Lots of rules.
@@jackhammer7824 Good luck. Cities are now making them illegal to live in.
@@jackhammer7824 Like new and no mileage motorhomes aren’t cheap no matter how good the deal is.
Life doesn't guarantee you get to live in the most expensive and desirable parts of town. Move out of the city and commute in like the rest of us.
How is this controversial? It’s quite common in large pricey cities.
Greed is a monster!
This never works out as intended have no idea why every big city follow the same plan with no accountability.
All Immigration needs to be stopped. Globalists and mega corporations want open borders to wreck America
Those cranes are not building residential skyscrapers.....
If we got rid of cooperate bullshit like Walmart and target and Amazon and all that sh it and brought back mom and pop shops we would t have such a problem
Walmart pays more than mom and pop stores
@@elizabethchristine6413 that’s because they killed them what are you ten
@@elizabethchristine6413 it’s billionaires and and greed thatvruined this world
@@elizabethchristine6413 go do your research little girl evrybod wants to be rich and not work in these times ain’t too many humble people get over your self
@@elizabethchristine6413 this is why we don’t need big striae buildings either and than we wouldn’t need low income housing if it wasn’t for capitalism
A $1200 apartment isn't even affordable for someone with a $20/ hour job.
Get another job
@@dcg590 oh right, I'll just put on my "better job" hat and go out and get hired
@@zanearnold1337 now you’re thinking!
@@dcg590 people shouldn't have to work 3+ jobs to survive.
@@catherinemartinez5542 no but that’s life right? No one owes you anything. Time to make better choices. If you can’t afford to rent there than you have to go where you can. I want to live in Beverly Hills. I can’t so I don’t. I don’t whine about it and expect someone else to pay my way or take a loss so I can live there. Sucks but that’s how it is
They make PLENTY of money building these units. 🤣🤣🤣🤣🤣 The only people opposing this idea are people who aren’t suffering from constant near homelessness which is PETTY AF.
Let me guess...I can't afford a house, but I make too much to receive any benefits to help me buy a home.
Yuppies who work remote are the problem .
So interesting 1200 a month is considered low income housing.
I love the idea, but the need is greater than the 10%. We need more affordable housing apartments in general. 10 % isn't enough.
For that go elsewhere. Albuquerque is cheap.
@@masonkanterbury3007 obviously you lead a privileged life and have no empathy for the poor.
Moved out of denver best decision ever.
Yea because forcing private property owners to lose money is the answer
It is past time for us to address this problem!
Well it worked so great in California cities we just had to give it a try...
Oh wait. It's made California totally unlivable except for homeless people.
CA had lots of other issues contributing to housing
I've spoken with anthropologist that travel the globe.. they say they've never seen more gentrification than they have in denver... I just want to know y.. y choose to come here?. this ain't a big a city.. it's very boring.. not enuff stores.. there are food desserts all over the town..horrible weather.. people aren't very friendly.. the architecture is plain.. the weed sux..y denver?
You obviously don't know denver.
You're obviously white
A left anthropologist may? Property ownership is a business. For profit. Too bad if you’re priced out.
2 rooms out of 20 would break these billionaires? These building sites probably have at least 1/2 of a room in extra leftover supplies/materials. 10% can be dealt with.
Maybe I'm wrong due to me living in california.
But I think Denver could do the ten % & afford the tax wrote offs.
I'm ca, we have landlord programs but many aren't advertised sadly.
You gotta be in the know or do amazing research which costs time. Time is money in the construction industry & real estate.
What are the requirements? Are those 20 apartments all 2-bedroom units? Do the affordable ones have to be 2-bedroom as well? Or can they just split one 2-bedroom in two 1-bedroom units? The developer would likely accept offering affordable 1-bedroom or studio apartments, but not having to offer two 2-bedroom units at a loss.