Living in Colorado, for many, means spending a lot of time worrying about how to make the rent or the mortgage, or whether they’ll ever be able to buy a home. Housing costs have been on a long and sometimes sharp climb throughout the state. In Colorado Springs, home prices have risen 119% since 2015, according to the Common Sense Institute. In the Denver area, the average sale price for homes this year is $617,000, up from $304,000 a decade ago. That shift has been driven by a long-running mismatch in supply and demand. Between 2013 and 2020, more than 40,000 new people a year were moving to the state. And while Colorado has built a lot of new housing, it hasn’t been enough to keep pr
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