Denver Draws Rich Financiers With $12 Million Lofts, $175 Sushi Menus
Colorado’s capital has transformed from a city in decline into a magnet for the affluent.
The skyline in Denver, where the housing market remains more competitive than other pandemic boomtowns like Austin and Boise, Idaho.
Source: Shelly Vincent, eXp Realty
Statistically speaking, Denver’s economy is on fire. Unemployment has more than halved in the past year, GDP is expected to grow 73% faster in 2022 than the national figure and inflation — even more so than in the rest of the country — is on a tear.
And then there are the intangibles: well-heeled crowds waltzing through the ritzy Cherry Creek shopping district, impossible-to-get reservations at freshly anointed hotspots and queues of gleaming SUVs clogging Interstate 70 en route to the mountains for weekend jaunts.