Ed Sealover has pretty good coverage of the construction-defects bill
HERE.
Quote:
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They framed the issue not as a clash between builders and trial lawyers, but as a struggle to re-start a largely non-existent condominium market in which just 4 percent of new housing stock in Colorado is multi-family homes for sale.
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That's a smart start. That said I wouldn't expect the opponents to give more than a begrudging inch.
I never learned what the final Colorado House composition was? IMO this bill reflects a thoughtfully crafted compromise that is hopefully a workable solution. Somebody needs to tell the Dems to take the damn deal. Otherwise politics can change and they may be looking at a much worse alternative down the line. I get so frustrated when reps act out of (misguided) principle rather than being practical.
One of the unintended consequences of the status quo is to encourage more sprawl like the proposed Prosper over adding homeowner density alternatives.