Over 50% of residential housing in the Boulder market is rental properties. Based on your experience in Boulder and the business arena, what is the economic impact of this unusually high saturation of rental housing in the city?
Housing Affordability for middle-income families is becoming more and more difficult in Boulder. Currently, Boulder only allows 3 or 4 unrelated people to occupy a home depending on the zoning district. The number of people allowed, however, has no relationship to the size of the home. This leaves larger properties (4 bedrooms and up) underutilized with respect to housing. What suggested solutions do you have to remedy this problem?
Are you familiar with Smart Regs? If so, I am sure you aware that the deadline for compliance is quite near. For older properties, compliance can be difficult and there is a strong possibility that many will fall short due to complexities of those particular properties. What are your suggestions on how to make this a win-win for both the city and the property owner?