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elnatro | 1 month ago

Well but is the demand for office space in Denver so high?

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liquidise|1 month ago

Lived in Denver for the last 15 years and own a company. You couldnt pay me to have office space in Denver simply by virtue of i'd rather spend commuting time doing something more fun. This applies to just about everyone i know here as well. Many come to Denver for the outdoors and the activities, commutes cut into that time.

lux-lux-lux|1 month ago

It would be higher if the rents dropped, but despite the massive oversupply that doesn’t seem to be happening.

‘Just build more’ YIMBY types should take note of this, though I’m afraid I don’t know what the solution is.

zeroonetwothree|1 month ago

Our evidence from a wide range of cities is that those that build more housing have lower rent growth. Actual decreases are unusual though.