There are plenty of reasons Denver was recently ranked as the #2 Best Place to Live in The U.S by US News and World Report. There’s the amazing natural beauty, outdoorsy fun and hundreds of days of sunshine every year. There’s also a solid and diverse economy, with lots of jobs in technology, aerospace, agriculture and more. We can't forget the Broncos, Rockies, Nuggets and Avalanche… and, of course, the fantastic local beer and brewery culture. 

Denver has seen explosive growth over the last 10-15 years, but the housing supply has not kept up—leading to skyrocketing prices. According to Westword, the median home price in metro Denver has increased nearly 35% over the past five years. And despite the pandemic, the crazy housing market “remains red-hot.” 

When it comes to housing costs, Los Angeles is one of the toughest markets in the nation. According to a recent analysis by Zillow Research, LA renters spend 45% of their income on the typical property (spending more than 30% is considered “cost-burdened”). Homeowners in the area aren’t much better off, spending nearly 44% of their income on the typical mortgage (based on current prices). To make matters worse, if you’re among the many San Francisco or San Jose residents found by Zillow to be earning a lower income, you have a whole lot less to live on after paying those high housing costs.  

Over the last 100 years or so, the American economy—and, in many ways, our culture—has been hyper-focused on efficiency and specialization. Interestingly, this focus has changed our lives and relationships too. In a speech given at the 2019 Aspen Ideas Festival, author and CEO Marc Freedman shared how post-industrialized America began to “specialize” experiences by age in a way that previous societies had not, and the trend has only accelerated over the years. This kind of segmentation is efficient for marketers, education, military service and medicine… but we’ve lost something along the way.

Tim rents a room in Suz's house in Arvada, CO. They've developed a sweet friendship. Watch their homesharing story here!