Growth is driving housing prices up and pushing locals out

US

Growth is driving housing prices up and pushing locals out

Re: “Housing crisis: Build our way out?” March 24 commentary

Steve Pomerance’s excellent coverage of Colorado’s shortage of affordable housing and its related problems is clearly on target regarding population growth and affordable housing.

Due to population growth, I don’t believe that using taxpayer money to build affordable housing is a sustainable solution to what has become a long-standing problem. On the contrary, Colorado’s shortage of affordable housing is symptomatic of the far more pressing problem of the vast income inequalities created by relatively affluent newcomers moving into economically poor rural areas. This influx of affluent people has the unintended effect of economically displacing long-time residents whose family incomes and retirements pale in comparison.

Case in point: I recently helped a disabled neighbor who was months away from losing his home due to a projected 100% increase in his home property taxes and insurance payments. Thanks to Colorado House Speaker Julie McCluskey and local officials, this situation has been remedied for the time being.

For those who believe that real estate inflation is a boon to Colorado’s economy, the rest of us aren’t reading from the same page. Trying to stay financially afloat in a community afflicted by rapidly inflating home values has become an exercise in futility for residents who have spent their lives living and working in rural Colorado.

In response to Steve Pomerance’s well-written article, when the big money comes in, the little money has to get out. End of story.

Gary E. Goms, Buena Vista

Thank you for the call-out. I do not understand why the current majority leadership in our state government at all levels is so intent on growth, more growth and regulation to spoil and destroy the quality of life here.

Front Range rail? Really? Ask Niwot or Longmont how that’s worked out. Craig rail service? To urbanize the Western Slope with no tangible benefits and collateral impacts from Denver? Forget skiing on a weekends in Colorado because of crowding, traffic and costs.

As a long-time resident, I find it appalling to see the decay in the quality of life here in Colorado. Nothing is preserving our beloved state, and greedheads are everywhere. Alternative states are looking better every day to escape the rape of this once pristine and cared-for land by its residents. Not that way anymore.

Grant Bayless, Masonville

Products You May Like

Articles You May Like

Plastic bags from Walmart US recycling bins tracked to controversial plastic facilities in Southeast Asia
Chinese nationals charged with conspiring to illegally export U.S. tech to China
How to watch today’s Miami Heat vs. Boston Celtics NBA Playoff game: Game 1 livestream options, more
Former Berklee student sent to prison for threatening pro-Chinese democracy student
Colorado legislators should support bill that best protects state’s wetlands

Leave a Reply

Your email address will not be published. Required fields are marked *