How gentrification is affecting housing prices in Denver
Posted in
Advice, Colorado Real Estate
on May 24, 2017
When a formerly depressed neighborhood suddenly becomes hot, rapid growth can transform an area almost overnight. But it can also bring expensive growing pains. Is gentrification making Denver unaffordable? Gentrification can happen quickly. As higher-income buyers move into a growing neighborhood, the cost of living goes up. Rents typically escalate, forcing poor and working-class families […]
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