I joke that the average person can only have so many vices and remain a functioning member of society. There is not and endless demand for vices. Adults will choose their preference and forgo alternatives. This is a zero-sum game with winners and losers. What impact will the increase in marijuana consumption have on other […]
Anyone who lives in Colorado or has visited knows “Colorado has been discovered”. This has led to massive population gains and increased population going forward. What does all this mean for real estate. Could a small suburb of Denver, Lakewood, CO derail the growth trajectory via a new initiative? What is the initiative and how […]
Corelogic recently highlighted 4 cities at risk of a bubble. Denver was prominently mentioned with recent appreciation of 8.7%. Is there really a bubble? What is driving the “bubble? Should you panic and sell today? If we look at the last collapse in real estate in 07/08 there were unique drivers for the markets that […]
I saw a recent study in the Denver post that in the Denver metro 1 in 10 homes have been used for Marijuana cultivation. I can attest to this statistic, I have walked into countless rental homes only to find out that they are growing marijuana in the basement or entire sections of the house. […]
Seattle is going through a “grand experiment” on whether raising the minimum wage to a “living wage” will actually increase the take home pay of workers. Why should we care in Colorado? This year marks the beginning of a similar “grand experiment” here in Colorado. With the passage of Amendment 70, effective January 1, 2017, […]
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