PPal -isn't that the honest to god's truth? Right right RIGHT next to this new subdivision is the city of Highland's Ranch, which, for about 2-3 years, was the city with the highest number of foreclosures in the state. However, Denver proper, the actual city of Denver, really isn't that empty.. it's pretty full as far as property's being lived in, unlike a lot of blighted cities where the inner city is boarded up & houses are empty everywhere. There *are* some cities in our metro that are kinda like that, Thornton comes to mind, but the metro has really really worked hard to keep that from happening. Property values here never really sky-rocketed horrifically like in some parts of the country... my house is worth about the same now as when I bought it back in '05, so I'm pretty happy about that. We do have some properties in Cherry Hills (where the Denver Broncos/Denver Nuggets/rich multimillionaires live) that plummeted like a rock (remember one house built and was trying to be sold for $4mil, was auctioned off for like $1.2mil), but for the most part, as long as you bought reasonable, you kept reasonable. If you bought WAAAAAAAAY too much house (and almost all the new houses built these days are a MINIMUM of 3000sqft.. mine's a little dinky 880sqft (not including basement) house), then you got screwed. Plus the banks were giving out loans to anyone & everyone, didn't matter if you had a job or not. Just in the 10 years I've lived in Colorado I've seen the population EXPLODE ridiculously.
And maybe Steve's a Civil Engineer and this has been a pet project of his? Whatever he was supposed to be doing, he's obviously 1 smart cookie!
