Posted Mar 9, 2015, 6:57 AM
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Join Date: Jun 2010
Posts: 8,383
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Oh oh - Big Bubble Trouble Ahead
..... 
Thanks to alaska-in-pictures.com
So says thecherrycreeknews.com
"Denver’s Multi-unit development bubble?"
March 7, 2015
Quote:
Population growth is projected at 1.7%, and with the rapid slowdown in oil exploration in the region (the economic rocket fuel recent growth has been predicated upon), development is outstripping population.
It’s a familiar tale— Denver has seen two development busts— the first in the eighties, when the region lost 60,000 construction jobs nearly overnight, and then again in the early nineties. Current policymakers seem to either not know, or not care about, those history lessons.
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Cool... Denver has reached puberty.
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