🌱 Evictions Up + Development Linkage Fees + Denver #7 For Housing Cost

Denver CO

06 April, 2022

7:52 AM

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Hello, neighbors! Brad K. Evans here with your brand-new edition of the Denver Daily. Thursday's weather: Partly sunny and chilly. High: 46 Low: 30. Here are the top five stories in Denver today: Evictions in Denver surpass their pre-pandemic levels. More than 1,850 households have had eviction notices filed against them since the beginning of 2022, and it looks like 2022 is on track to have the highest number of evictions since 2019. Adding to the pandemic related issues, rents are up over 14 percent in Denver since last year. (Denverite)Denver increasing linkage fees on most new developments. For some projects, the sky might be falling if linkage fees jump from their current rate of $1.86 per square foot to as much as $9 per square foot. Others are predicting with the increased fees, a wholesale retraction of development in Denver. (Westword) Crews clean up street in South Denver that's been plagued with RVs and trash. South Huron Street is finally in better shape than it was a few weeks ago, but where have the RVs and piles of trash been swept to? (7News) Metro Denver is now one of the most expensive housing markets in U.S. A study by Anytime Estimate compiled housing sale data for 50 top U.S. metros from 2000 to 2022, and Denver metro's home prices now rank number 7 in the country. (FOX31) Louisville City Council ditches green building code for Marshall Fire victims. Residents felt the clean energy measures would increase the cost to rebuild. In a separate ordinance, council eliminated the city's requirement for sprinkler systems in new single family and townhouses. (7News) Environmental News: Colorado's Suncor air pollution permit is opposed by EPA. (FOX31) From our sponsor: Where should you invest as a Denver resident with a $149,000 nest egg? Thanks to a change in the legal code, there's a new investment Denver residents need to know about. In fact, Bloomberg asked experts where they'd invest $100,000 right now and many of them chose it. This may surprise you, but it's fine art. Growing your nest egg with art isn't new. Wealthy families like the Rockefellers have done it for centuries. Here's why: Low correlation to stocks according to Citi Contemporary art historically returns 23.2 percent when inflation is >3 percent Contemporary art prices outpaced the S&P 500 by 164 percent (1995-2021) Translation: Art could be one of the best investments for uncertain times. Luckily for you, we found Masterworks. This revolutionary platform lets you invest in art by Warhol, Monet, Picasso without spending millions. The best part? Anyone from your area can skip their waitlist*. *See important Reg A Disclosures Today in Denver: Campaign Regulation Meeting: For all Denver municipal candidates. (1 p.m.) Workforce Resilience: How to pivot in times of adversity. (5 p.m.) Valley View University Presents: Minimally invasive treatment options for common wrist ailments. (6 p.m.) Friends of Chamber Music: Presenting Quatuor Ebene (7:30 p.m.) From my notebook: What would you do if you encountered an emergency while traveling? Many folks don't. Luckily, the Denver's Office of Emergency Management offers free, short classes to residents to help you learn how to navigate emergencies and disaster. (Denver)Where to find viral foods in Denver: Spam Musubi. (303) More from our sponsors — thanks for supporting local news! Events: Calling Denver & Lone Tree NEW MOMS! Join us! :) (April 9) Divorce Boot Camp — Vesta Denver, Colorado Hub (April 12) House Hacking 101 (April 12) Add your event Loving the Denver Daily? Here are all the ways you can get more involved: Send a friend or neighbor this link so they can subscribe Get your local business listed in front of readers Send me a news tip or suggestion at [email protected] Now you're in the loop and ready to start this Wednesday off right. See you all first thing on Thursday morning with another edition of the Denver Daily. — Brad K. Evans