2.4 million people will need
housing within the next 30
years,” she explained. In
order to combat this, Garner
expressed the need for more
density and feasible solutions
for elderly renters.
Nicolais off ered a view
on the practical economics
CONFERENCE CO-CHAIR JUDY BLAES
of Colorado housing
industry, including how
growth caps like Lakewood’s Initiative
200 could impact communities. After
the controversial policy passed, we
have seen surrounding cities deal with
the ramifi cations of Initiative 200.
Teo would go on to explain “After the
second quarter Wheatridge had the
lowest rent, however, had the greatest
percent increase (11.3%) out of all
metro Denver cities. It does not stop
there as Wheatridge, a neighboring
CO-CHAIR TROY PORRAS
city of Lakewood, is among the top
5 cities in terms of lowest vacancy as
well.” Essentially, Wheatridge is now full
and will continue to see an increase in
rent due to the infl ux of residents after
Initiative 200 was passed.
Finally, Jim Lapides talked about
trends in rent control. “Rent Control
is at a severe threat level in California,
Illinois, Massachusetts, Washington, and
Colorado. One of the main strategies
to oppose rent control is to educate the
JENNY JORGENSON FROM
public why this policy is destructive.
STANDARD INTERIORS
Often times, extreme outliers are the
driving factor of states pushing for
Rent Control. To counter this, we must
inform the public on the facts of Rent
Control, and the negative consequences
that it creates within cities.”
This year’s event drew over 250
apartment management professionals
and leaders and was presented by
longtime AAMD members Standard
JENNIFER SWANSON FROM BLUSKY
Interiors and BluSky Restoration.
Presenting
Sponsors
Platinum
Sponsors
Gold
Sponsors
CONTROL YOUR ONLINE REPUTATION
ALLISON MOLEDO & HEATHER SANDOVAL
www.aamdhq.org
KAY AND JAY NEAL WITH TIM PEPE
AUGUST 2019
TRENDS | 37