Quote:
Originally Posted by DenverInfill
According to the Census, twenty years ago, in 1995, Denver County's total housing building permits equaled 4.5% of the metro total, using the same counties as above. It was 3.9% if you include Boulder County. If Denver's percentage is up in the 30% range now, that's almost an order of magnitude change in 20 years. How big does a change need to be before it can be considered as a paradigm shift? (serious question)
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Let's say 1/3 through infill.
I don't think we should count the GVR/Stapleton component as contributing to the paradigm shift - building ourselves an airport in western Timbuktu is sorta cheating.
I also think to see a true paradigm shift, I'd want to see the same split in people choosing for-sale multifamily housing, where urban areas have the über competitive advantage. Granted, that's not possible at the moment. But I will always view rental housing as temporary residents, I simply do not believe that there is some generational shift away from an ownership economy. (And we have no way to measure that in a local economy where ownership is no longer an option, unfortunately.)
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