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Originally Posted by Denver Dweller
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Part Three
I don't doubt that Denver is riding the crest and the article suggests slowing starting a year from now. In new construction starts this ofc is logical. But they hyper-focus on affordability or lack thereof for all the high-end apartment downtown. What they're missing is that earlier projects have likely already recouped most of their investment and don't need the high rents they're still getting. There's plenty of room for more affordability to creep into the market without damage.
While there has been an uptick in suburban projects it's so scattered it's hard to see any over-supply there either.
Cost of construction is the biggest thorn so some slow-down could be beneficial.
Notice: There will be No
Part Four.
