Real Estate & Construction  November 16, 2018

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…

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Christopher Wood
Christopher Wood is editor and publisher of BizWest, a regional business journal covering Boulder, Broomfield, Larimer and Weld counties. Wood co-founded the Northern Colorado Business Report in 1995 and served as publisher of the Boulder County Business Report until the two publications were merged to form BizWest in 2014. From 1990 to 1995, Wood served as reporter and managing editor of the Denver Business Journal. He is a Marine Corps veteran and a graduate of the University of Colorado Boulder. He has won numerous awards from the Colorado Press Association, Society of Professional Journalists and the Alliance of Area Business Publishers.
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