This could happen here! (Rents start falling)
Colorado Governor Jared Polis:
Thanks to our efforts to build more housing, we're seeing a significant drop in rents and an increase in vacancy rates, making homeownership and rentals less expensive, but there's a lot more to do!
how it started
Gov. Polis says housing costs are at a crisis level in CO, more construction could bring back affordability Governor promotes policies he says will lead to more "starter home" construction.
how it's going
Metro Denver apartment rents plunge in fourth quarter as a blizzard of new units descend on market.
Vacancy rates soar across region and rents start falling hard after 20,000 new apartments were built last year.