Most of Denver's affordability problems also plague most other desirable American cities. Aside from the condo liability issue, they're not unique to Colorado. So it can absolutely be simultaneously true that Denver has a big affordability problem, and that there are several American cities where it's worse.
CityLab is right on cue, describing the nationwide trend:
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Originally Posted by CityLab
Why Millennials Aren't Forming New Households
Recovery or no, the housing news is grim for Millennials. A new report from Goldman Sachs echoes the new findings from the Pew Research Center last month: The economic recovery has not shown any decline in the share of young adults who are living at home with their parents.
There are all sorts of reasons why Millennials aren’t forming new households. Rent-to-income ratios in productive labor markets are at historic highs. Student debt is soaring, and spotty credit ratings might lead to trouble for young adults hoping to strike out on their own, even as the employment situation improves.
Since the start of the recovery (in 2010), the share of 18–34 year-olds who are living at home has, in fact, increased.
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