As housing unaffordability becomes an increasing concern in Colorado, Shift Research Lab, in partnership with Phyllis Resnick, PhD, recently conducted research and analysis to help policymakers, advocates and housing experts better understand the many factors contributing to the state’s housing crisis by providing insight into unfavorable trends impacting the housing system. In the new report Exploring Colorado’s Housing Affordability Challenges in All of Their Complexity, Newcomer and Resnick build off their previous research on family economic security, which shows many Colorado families are more housing cost-burdened today than ever before. The study, which was supported by The Piton Foundation, Housing Colorado and the Colorado Health Foundation, argues the crisis is largely a supply issue, there is not one fix and now is the time to think differently.
By providing a better understanding of the likely contributors to Colorado’s current housing cost pressures, this study will help inspire thinking about solutions to alleviate the impact of these factors on affordability.
of Colorado renter households are cost burdened, with housing commanding more than 30% of total household income.