Denver Is No. 1 in U.S. for High-Income Renters: Why That May Be a Bad Thing – Educated Minds

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One state mirroring the trend of affordability and low taxes is Colorado, which earns the No. 3 best spot on this list. This state attracted 38,817 educated workers while losing just under 25,700, for a net increase of about 13,100. Denver is also notable as one of America’s biggest boomtowns.

Denver Is No. 1 in U.S. for High-Income Renters: Why That May Be a Bad Thing High-income renters who make more than $100,000 per year represent one of the fastest-growing segments of today’s rental market, and nowhere in the country has this phenomenon been more strongly felt than Denver.

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Rising Debt Burden: While the median family income remained fairly stable from 1989 to 2007 (increasing 14%, after adjusting for inflation), the median amount of debt owed nearly

"Stay With Me." – Michelle Cox Denver Is No. 1 in U.S. for High-Income Renters: Why That May Be a Bad Thing – Educated Minds Our jobs are disappearing. In the not-too-distant future we might wait around for a package delivery, hurry off to class, grab a taxi downtown, consult with a financial advisor, meet the family for dinner, and.

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(In 2006, those households represented less than 10 percent of renters.) The country has 3 million more high-income renters than it did in 2006; they now make up nearly a fifth of tenant households. It’s no surprise that much of this has happened in cities: In New York, 65 percent of new rental households make six figures.

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