If ever Boulder County gave itself an award, it would be for smart growth. Luckily for the majority of Americans this isn’t a contagious disease. What happens when an area has smart growth? According to the report titled “Smart Growth and Its AEfects on the Housing Market: The New Segregation” by the National Center of Public Policy Researach …
1) 260,000 minority homeowners circa 2002 would not have been able to become homeowners;
2) One million homeowners of all races circa 2002 would not have been able to afford their homes by that year;
3) The average home price in 2002 would have been $10,000 more expensive;
4) The average cost of renting a home or apartment in 2002 would have increased six percent over its actual price.
This should be required reading for all City and County Boulderites and you can read it here! Kudos to Katie at A Constrained Vision and Amy Ridenoir’s blog as well.
