| by Kenneth Chase | 4 comments

Denver Rent Continues To Price Out People


SEASON WHICH IS ALSO TOP 10 IN THE LEAGUE. IN DENVER WE SPOTTED GRAFFITI WHICH SUMS UP OUR RENTAL MARKET. IN A MURAL TOUTING OUR SUNSETS, SOMEONE ADDED FOR $1500 A MONTH. NEW DATA FROM APARTMENT LIST .COM SAYS THE MEDIAN RENT FOR A ONE-BEDROOM PLACE IN DENVER IS JUST OVER $1000 PER MONTH. A TWO BEDROOM WILL COST YOU $1300 A MONTH. THOSE PRICES ARE 2% HIGHER THAN LAST OCTOBER. STAN BUSH IS LIVE ON THE STORY IN DENVER. ONE FELLOW TOLD YOU HE HAS BEEN PRICED OUT OF HIS HOME. Reporter: HE HAD BEEN LIVING HERE, A SMALL ONE-BEDROOM PLACE. PLACES LIKE THAT JUST DON’T EXIST ANYMORE. IN ORDER FOR HIM TO STAY IN THE CITY, HE IS LIVING ONE STEP ABOVE HOMELESSNESS. UP HERE IS MY BEDROOM. HE BUILT A LOFT. THERE WAS NOTHING APPEAR. Reporter: GEORGE SEALS SLEEPS ON A MAKESHIFT BED THINKING OVER A CELLAR STAIRWAY. IT IS SO SMALL HE CAN FULLY STRETCH OUT. THIS IS WHAT I CAN AFFORD. Reporter: HE WILL PAY $350 A MONTH. HE HAD BEEN LIVING IN THIS WASH PARK AIRES THE MOVED OUT FIVE YEARS AGO WHEN HE SAYS THE RENT DOUBLED. THE COMMUNITY ROOM DOWNSTAIRS. I ENJOYED IT. THERE WERE A LOT OF GOOD PEOPLE. A LOT OF MY FRIENDS ARE SCATTERED NOW. Reporter: HE LIVES ON SOCIAL SECURITY, $1200 A MONTH AND NOT NEARLY ENOUGH TO EVEN QUALIFY FOR MOST RENT. WHEN I FOUND A FEW THAT WERE WILLING TO CHIP IN, IT SEEMED LIKE THE RIGHT WAY TO GO. Reporter: SEAL AND THREE OTHER PEOPLE ARE NOW LIVING IN THIS HOME. I DON’T THINK ANYBODY CAN REALLY AFFORD TO LIVE IN THE CITY BY THEMSELVES UNLESS THEY’VE GOT A VERY HIGH PAYING JOB. AT ONE POINT, SEALS HOPES TO BUY A TOWNHOME. HE THEN CONSIDERED FINDING A MOTOR HOME AND LIVING IN A PARK. BEFORE HERE, HE WAS LIVING ON THE STREET. Reporter: THE RENTAL CRISIS FORCED HIM TO LEARN HOW TO DUMPSTER DIVE. HE HAS FAMILY THE LIVES IN

4 Comments

Walking Journey

Mar 3, 2018, 8:21 am Reply

Liberals Hillary voters.

Soul Guru

May 5, 2018, 12:08 am Reply

Come to Seattle and get a studio for $1400

Rick Blasing

Jun 6, 2018, 8:43 pm Reply

God bless America, right?

AkTejas _

Jan 1, 2019, 3:25 pm Reply

Okay, so he doesn't have a great career- how is that anyone's fault but his? Does anyone actually consider minimum wages move far slower than inflation? GET EDUCATED GET PAID.

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