Comment by SR2Z

How much demand do you think CAN be induced? Colorado has 2.6M housing units for ~6M people. If Denver builds 20k units a year for the next 5 years, that would represent the entire state growing by 4% (230k people) off the back of one city alone. I guess that's not terribly unreasonable - if Denver was the only city in the country.

Except, it's not. Where would all of these extra people come from?

More to the point, Denver is already quite expensive. Where are you going to find another 230k people capable of paying even higher rents than folks do today?