Comment on Builders finally making a dent in Colorado’s housing shortfall. It’s not helping buyers or renters.

Builders finally making a dent in Colorado’s housing shortfall. It’s not helping buyers or renters.

Builders are finally making a dent in the state’s housing shortfall, especially for apartments. But home prices and mortgage rates continue to outpace income gains, and affordability is worsening rather than improving. “The story with interest rates is that they are only exacerbating the problem,” said Steven Byers, chief economist with the Common Sense Institute in Denver.

 

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