Comment by reactordev
5 days ago
Denver is a boom and bust town. Every once in a while, it thrives for a decade, then busts with an exodus of people (myself included). It will rebalance and boom again.
5 days ago
Denver is a boom and bust town. Every once in a while, it thrives for a decade, then busts with an exodus of people (myself included). It will rebalance and boom again.
All western cities are boom towns, Seattle is famous for the "Will the last person to leave Seattle, turn out the lights" billboard. SF is a canonical boom town as much as LA is. Maybe SLC would be excluded, but it was founded under special circumstances.
Why do you say this and why did you leave? I'm curious.
Because that’s Denver’s history. Founded by land speculators after beating Indians in the Colorado War of 1865, only to become a gold rush town, then go bust, become a gang haven, bust again, then boom again with Carnations, then bust again, then boom again with industrials and nuclear waste, to go bust again when nuclear power was divested, then to boom again in the 90s with more gangs, bust again, then boom again in the 2010s with the green rush.
I left because I was sick of having to weather the storm of boom and busts, saw $250,000 homes become $950,000 homes (no change to the home itself) and prey upon the young people moving there to ensure they are financially burdened with Boulder Boomer retirement plans.
The Denver Metro Area has been booming for close to 20 years. It was one of the few localities that continued positive economic growth through the 2008 recession
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