May 30, 2023

Rocky Daily News

Colorado Politics-Sports-Business-Weather

The lesson of Prop. 123 is to build houses

1 min read

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Colorado is in the midst of a housing crisis, and it’s hitting  working families hard.

Rents are eating up more and more of paychecks, and home values are rising so high and so fast that most regular folks are no longer able to afford their own home.

I’ve seen it firsthand in my hometown, Commerce City. Ten years ago a house in my neighborhood cost around $150,00 – $200,000. Now you’d be hard-pressed to find anything on the market for under $400,000.

Maybe that means your aging parents on a fixed income can’t afford to downsize as they wish. Maybe it means your kid’s teacher has to commute two hours a day because they can’t afford housing nearby.

It’s clear we need a solution to this crisis that will make sure every hardworking Coloradan can…

State Sen. Dominick Moreno

2023-04-20 01:30:00

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