“Facts are stubborn things.” (John Adams, 1770.) An Oct. 23 Camera article is quite telling: “The tide might be turning in Boulder’s crazy rental market, as vacancy rates hit highs not seen since the Great Recession and property managers say apartments are sitting empty through several price drops.It seems that the premise for Boulder’s “build, build, build” craze may not exist much longer. A purported lack of available units, and increasing price trends, have been used to justify:
• Weakening neighborhood zoning.
• Cramming high density housing units into neighborhoods that don’t want them.
Boulder, consider taking your foot off the gas pedal. Enough is enough.