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
Yes, because just 4 years later, everyone was high. It was the precursor to the green rush. Denver weathered the storm because we had an economic tsunami on our hands and it was going to come crashing at the ballot box. Well, it broke through. There was a huge influx of people from more expensive metros coming to Denver at that time. Then the housing went through the roof. Statistically it happened everywhere but I was in Denver trying to buy and being outbid by people with cash buying their 4th home.
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
Yes, because just 4 years later, everyone was high. It was the precursor to the green rush. Denver weathered the storm because we had an economic tsunami on our hands and it was going to come crashing at the ballot box. Well, it broke through. There was a huge influx of people from more expensive metros coming to Denver at that time. Then the housing went through the roof. Statistically it happened everywhere but I was in Denver trying to buy and being outbid by people with cash buying their 4th home.
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