Midterm voters to take on Colorado’s soaring housing costs

Nov 3, 2022, 7:46 PM | Updated: Nov 4, 2022, 8:10 am
Vote canvassers Zach Martinez, front, and Joshua Posner check their itinerary while making visits t...

Vote canvassers Zach Martinez, front, and Joshua Posner check their itinerary while making visits to homeowners along Ash Street Tuesday, Nov. 1, 2022, in northeast Denver. Coloradoans are taking the state's housing crisis into their own hands by turning to local and statewide ballot measures intended to quell the soaring costs. (AP Photo/David Zalubowski)

(AP Photo/David Zalubowski)

              Vote canvasser Zach Martinez carries information as he works along Ash Street to reach voters in their homes late Tuesday, Nov. 1, 2022, in northeast Denver. Coloradans are taking the state's housing crisis into their own hands by turning to local and statewide ballot measures intended to quell the soaring costs. (AP Photo/David Zalubowski)
            
              Vote canvasser Joshua Posner makes a stop at a home along 35th Street Tuesday, Nov. 1, 2022, in northeast Denver. Coloradans are taking the state's housing crisis into their own hands by turning to local and statewide ballot measures intended to quell the soaring costs. (AP Photo/David Zalubowski)
            
              Vote canvasser Zach Martinez stops at a home Tuesday, Nov. 1, 2022, along 35th Street in northeast Denver. Coloradoans are taking the state's housing crisis into their own hands by turning to local and statewide ballot measures intended to quell the soaring costs. (AP Photo/David Zalubowski)
            
              Vote canvasser Zach Martinez waits for a voter to answer the front door Tuesday, Nov. 1, 2022, in northeast Denver. Coloradans are taking the state's housing crisis into their own hands by turning to local and statewide ballot measures intgended to quell the soaring costs. (AP Photo/David Zalubowski)
            
              Vote canvassers Zach Martinez, front, and Joshua Posner check their itinerary while making visits to homeowners along Ash Street Tuesday, Nov. 1, 2022, in northeast Denver. Coloradoans are taking the state's housing crisis into their own hands by turning to local and statewide ballot measures intended to quell the soaring costs. (AP Photo/David Zalubowski)

DENVER (AP) — Bloated housing prices in the past few years have crept into every corner of Colorado. In Rocky Mountain resort towns, wealthy newcomers gobble up the dwindling housing supply. In Denver, tenants owe an estimated $32 million in back rent. And in mobile home parks, the state’s last bastions of affordability, out-of-state investors are buying the land and hiking up lease prices.

Fed-up Coloradans have taken the crisis into their own hands and will vote Tuesday on a host of local and statewide ballot measures intended to rein in the soaring cost of housing.

The U.S. Census Bureau found that over half of all Colorado tenants are considered rent burdened, spending more than 30% of their income on rent in 2020. Colorado housing prices rank among the nation’s highest when accounting for how much its residents earn. The Denver metropolitan area alone saw home prices shoot up by 35% over the past two years, which was a larger increase than those in New York City and San Francisco, according to data from the real estate company Redfin.

Tyler Randolph, an eighth grade teacher in Denver, said that if an affordable housing solution isn’t coming from those he elected, “it has to come from somewhere else.” He voted for Proposition 123, a statewide measure that would direct an estimated $300 million in state tax revenue to low-cost housing each year. It’s the only statewide affordable housing measure in the country that will be decided in Tuesday’s midterm election.

Voters in at least 13 Colorado communities or counties are considering measures that would increase taxes on short-term rentals such as those booked through Airbnb and Vrbo or redirect existing taxes on them to help toward housing costs, at least partly.

In Colorado’s largest city, Denver, residents are considering levying a fee on most landlords that would bankroll attorneys for tenants facing eviction, which would expand free representation that lower-income renters can already receive.

The housing referendums arrive as the last dregs of pandemic-era rental assistance that acted as a bulwark against eviction for tens of thousands of Coloradans disappear.

“People are struggling with dire need and the immediacy of displacement, of gentrification, of the high cost of living,” said Zach Neumann, executive director of Colorado’s COVID-19 Eviction Defense Project, which has endorsed the statewide ballot measure. “They are saying: ‘What can I do right now in my community to address the real consequences of that?'”

On Tuesday, Edna W. Williams, 91, stood behind her screen door speaking to a cheerful canvasser trying to persuade her to vote for the ballot measure. Formerly a nurse in senior care, Williams told the canvassers that she’s watched the inexorable rise in rents push older folks reliant on fixed Social Security incomes out of their homes. She said she supports the initiative so that struggling seniors “can die knowing that people cared enough.”

The statewide proposition wouldn’t raise taxes, but it would eat into a tax refund Coloradans receive every year under a constitutional amendment called the Taxpayer’s Bill of Rights.

Opponents say the proposition would take too big of a cut out of the popular TABOR checks.

The state should cull burdensome building regulations and fees instead of chipping away at Coloradans’ refunds, said Michael Fields, senior adviser for a conservative advocacy group called Advance Colorado Action that opposes the measure.

“The whole market is out of whack,” Fields said. “We have to build more, not tax more.”

The Denver measure would force most of the city’s landlords to pay $75 annually to fund lawyers for every tenant facing eviction. Backers of the measure say it would help with disproportionate representation in the courtroom.

Between July 2017 and June 2021, Colorado landlords had legal council in 77% of eviction cases while renters were represented in only 1.3%, according to an analysis by Enterprise, a national affordable housing organization.

Tenants without representation were less likely to come to an agreement with their landlord and more likely to be forced out, the report found.

The Denver Metro Chamber of Congress opposes the measure, arguing that the fees will be passed along to the tenants in the form of higher rents. Adam Burg, the chamber’s vice president of government affairs, argued that the existing protections for low- and moderate-income tenants, along with nonprofits offering legal council, are enough.

West of Denver, between the crags of the Rocky Mountains, at least 13 communities or counties have ballot measures that would increase taxes on short-term rentals or redirect existing taxes on them to, in part, help toward housing costs.

When asked about the measures, Tom Martinelli, Airbnb’s senior public policy manager, said, “experts agree the affordable housing issue in communities across the U.S. can be boiled down to simply not building enough affordable housing.”

Martinelli added that Airbnb supports Colorado’s statewide housing ballot measure.

The sweeping movement to raise taxes on short-term rentals seeks to counter dramatic shifts in the housing market brought on partly by the pandemic’s remote-work revolution. In six popular Rocky Mountain counties, a wave of pandemic-era newcomers — most making more than $150,000 a year — outbid locals in a record frenzy over scarce homes, according to a survey from the Colorado Association of Ski Towns.

In one of the counties, Pitkin County, the city of Aspen saw median home values spike by nearly $1 million since the start of the pandemic, according data from Zillow.

City Councilmember Rachel Richards said the high costs have throttled Aspen’s most basic services. Faced with a critically undersized police force over the summer, the city purchased two condominiums for $1 million each in order to entice two more officers to join the force, she said.

In response to the crisis, the City Council added a ballot initiative that would raise taxes by 5% to 10% on short-term rentals based on whether the units are owner-occupied. Slightly more than two-thirds of that revenue would go toward affordable housing projects in the community.

“You have to participate in your own rescue,” said Richards.

Ben Wolff, general manager of Frias Properties of Aspen, a company that manages short-term rentals, worries that a hike in taxes would impede the resort city’s ability to lure vacationers. His organization instead proposes a lower tax across all sectors of the economy.

“It’s the right problem but the wrong solution,” Wolff said.

___

Jesse Bedayn is a corps member for the Associated Press/Report for America Statehouse News Initiative. Report for America is a nonprofit national service program that places journalists in local newsrooms to report on undercovered issues.

___

Follow the AP’s coverage of the midterm elections at https://apnews.com/hub/2022-midterm-elections and check out https://apnews.com/hub/explaining-the-elections to learn more about the issues and factors at play.

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

AP

murders...
Associated Press

Renton man gets 10 years in prison in drug trafficking case

A federal judge has sentenced a Renton, Washington man to 10 years in prison for his role in a violent drug distribution ring, according to the U.S. Attorney’s Office in Seattle.
18 hours ago
Associated Press

Saturday’s Scores

PREP FOOTBALL= WIAA Playoff= Class 4A= Semifinal= Kennedy 42, Emerald Ridge 28 Class 3A= Semifinal= Yelm 28, Bellevue 27 Class 2B= Semifinal= Napavine 49, Jenkins Jr/Sr High (Chewelah) 6 Okanogan 42, Pe Ell/Willapa Valley 14 Class 1A= Semifinal= Mount Baker 14, Nooksack Valley 13 Class 1B= Semifinal= Liberty Bell 70, Odessa 24 Neah Bay 82, […]
18 hours ago
Associated Press

Police: 1 killed, 3 shot breaking into Georgia home

DEKALB COUNTY, Ga. (AP) — An 18-year-old was killed and three others were injured Friday in a shooting after they attempted to break into a DeKalb County home, police said. Officers arrived around 5 p.m. and found three people — a 23-year-old, 18-year-old and 15-year-old — who had been shot, The Atlanta Journal-Constitution reports. All […]
18 hours ago
A crime scene is taped off at New Season Church in Nashville, Tenn., on Saturday, Nov. 26, 2022. Me...
Associated Press

Drive-by shooting injures 2 at funeral at Nashville church

NASHVILLE, Tenn. (AP) — A drive-by shooting in Nashville on Saturday injured two people as they and others were walking out of church from the funeral of a woman who was fatally shot earlier this month, according to police. Metro Nashville Police Department spokesperson Don Aaron said the afternoon shooting occurred outside New Season Church, […]
18 hours ago
FILE - Nick Fuentes, far-right activist, holds a rally at the Lansing Capitol, in Lansing, Mich., N...
Associated Press

Trump faulted for dinner with white nationalist, rapper Ye

NEW YORK (AP) — Former President Donald Trump is renewing attention to his long history of turning a blind eye to bigotry after dining with a Holocaust-denying white nationalist and the rapper formerly known as Kanye West just days into his third campaign for the White House. Trump had dinner Tuesday at his Mar-a-Lago club […]
18 hours ago
Associated Press

12-year-old dies in Russian Roulette; murder charges brought

A 12-year-old boy is dead after playing Russian Roulette with peers in Jackson, Mississippi, police say. Jackson’s Deputy Police Chief Deric Hearn identified the boy as Markell Noah, according to reports by Mississippi-based WLBT-TV. Following the death officers arrested two juveniles and one adult Friday. Police say the two juveniles are being charged with murder […]
2 days ago

Sponsored Articles

SHIBA WA...

Medicare open enrollment is here and SHIBA can help!

The SHIBA program – part of the Office of the Insurance Commissioner – is ready to help with your Medicare open enrollment decisions.
Lake Washington Windows...

Choosing Best Windows for Your Home

Lake Washington Windows and Doors is a local window dealer offering the exclusive Leak Armor installation.
Anacortes Christmas Tree...

Come one, come all! Food, Drink, and Coastal Christmas – Anacortes has it all!

Come celebrate Anacortes’ 11th annual Bier on the Pier! Bier on the Pier takes place on October 7th and 8th and features local ciders, food trucks and live music - not to mention the beautiful views of the Guemes Channel and backdrop of downtown Anacortes.
Swedish Cyberknife Treatment...

The revolutionary treatment of Swedish CyberKnife provides better quality of life for majority of patients

There are a wide variety of treatments options available for men with prostate cancer. One of the most technologically advanced treatment options in the Pacific Northwest is Stereotactic Body Radiation Therapy using the CyberKnife platform at Swedish Medical Center.
Work at Zum Services...

Seattle Public Schools announces three-year contract with Zum

Seattle Public Schools just announced a three-year contract with a brand-new company to the Pacific Northwest to assist with their student transportation: Zum.
Swedish Cyberknife 900x506...

June is Men’s Health Month: Here’s Why It’s Important To Speak About Your Health

According to the Centers for Disease Control and Prevention, men in the United States, on average, die five years earlier than women.
Midterm voters to take on Colorado’s soaring housing costs