Here’s How Denver’s Growing Population of High-Income Renters Stacks Up Against Other Cities

In Condo Tracker, Investment, Market Trends, Pressby Denver Business JournalLeave a Comment

By Brent Godwin – Real Estate Editor, Birmingham Business Journal

A segment of the U.S. housing population grew in leaps and bounds over the past decade, but it’s probably not the segment you think.

A report from real estate research website Apartment List shows that six-figure earners became renters in large numbers from 2008 to 2017. The report said that nearly 2 million households earning $100,000 or more joined the rental market in that time frame, representing 48 percent growth.

Denver had the largest percent growth of high-income renters at 146 percent from 2008 to 2017.

Click here to read full article from the Denver Business Journal.

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