Tag Archives: Gentrification

The Hourly Wage Needed to Rent a Two-Bedroom Home Today

bi-graphicswages for 2 bedroom

Oh my gosh this is so crazy!  Colorado has never been this expensive to live….Looks like I’m moving back to…..Kansas!

For most of this cost of living increase, I am going to blame a percentage of it on “Gentrification.”  I live in Colorado, so the cost of living has gone SKY HIGH.  Rent used to be fairly cheap, buying a house was affordable, and there wasn’t so much homeless activity going on here.

Now that “weed” became the attraction, Colorado’s appeal instantly skyrocketed, and the up and coming generation began to snatch all the homes in the lower income neighborhoods and flip them.

The end result of this is housing that is not affordable and Downtown Denver is now riddled with an ever increasing abundance of homeless people.

Talk about INFLATION….this takes the cake!

 

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