Housing imbalance has many causes, few solutions
BOULDER — Balanced markets, housing experts say, should add one unit of housing for each new job added to the workforce. But instead of a 1:1 ratio, Boulder jobs outnumber housing units by 3:1.
And therein lies the problem with housing in Boulder. Not enough places for workers to live, and those that do exist often are priced well above what salaries can support.
Boulder isn’t alone in Colorado or the nation. Nationwide, according to a report listed by Duane Duggan, broker associate with Re/Max of Boulder, 1.3 million new houses would be needed each…
THIS ARTICLE IS FOR SUBSCRIBERS ONLY
Continue reading for less than $3 per week!
Get a month of award-winning local business news, trends and insights
Access award-winning content today!