[quote=Flyer in HI]Central Denver is pretty gentrified and hip, i hear.[/quote]It’s been “gentrified” and “hip” since about 1969. The RE prices in Central Denver neighborhoods began escalating in about 1989 and have now gone thru the stratosphere, pricing almost all first-time buyers out as well as most subsequent buyers. In addition, most of the houses there which were suitable for flipping are now gone (just like SD).
Even with an interstate spur-loop now completed all around the Denver Metro area (with its northern portion a toll road), it is still an arduous commute to work centers for moderate and middle-income buyers who must almost always purchase in distant subdivisions (if they wish to buy a SFR). It is not uncommon for a Boulder County worker (where much of the tech firms are located) to spend 3.5 hours per day commuting, especially in the snow.
Just like in SD, whichever families have been most established in Denver (usually for several decades) win at the RE game.
