Rent Control: Why it’s Not the Answer to Colorado’s Housing Crisis

Rent Control: Why it’s Not the Answer to Colorado’s Housing Crisis

Why We Say NO to Rent Control

The recent introduction of bill HB23-1115 in the Colorado State House has sparked discussions about rent control and its potential impact on communities in the state. While some may see such action as a viable solution to the affordable housing crisis, it’s important to understand why it’s not the answer.

Drew Hamrick, general counsel and senior VP of government affairs of the Colorado Apartment Association, has expressed concerns about the potential negative effects of controlling rent in the state. He believes that while it may be well-intentioned, it will only make housing more expensive and less available, compounding the problem instead of solving it. This is because rent control removes the financial incentive to create new housing units and improve existing ones, and it restricts resident mobility.

One of the primary issues with rent control is that it can actually decrease the supply of available housing, driving up costs and exacerbating the affordability crisis. When property owners are limited in their ability to set rents at market rates, they may be less likely to invest in maintaining and upgrading their properties, leading to a decline in the quality of housing stock. In addition, the lack of financial incentives to build new units can reduce the supply of available housing, making it more difficult for renters to find a place to live.

Another issue with rent control is that it can negatively impact neighboring communities. If one city enacts rent control, builders may be less likely to construct new housing units in that area, driving up the cost of housing in surrounding municipalities. This can create a domino effect where renters in neighboring communities end up paying more for housing because their neighbors artificially reduced supply with the rent control ordinance.

For more than 40 years, Colorado has prohibited local governments from enacting rent control ordinances, recognizing the damage rent control can do to available housing and understanding that one local government’s housing policy can negatively impact neighboring communities. Instead of focusing on controlling rent, the state needs to implement policies that encourage the creation of more housing units.

One promising solution is to encourage the construction of multifamily units. These types of units are more energy-efficient, require less land, and are less expensive to build, making them a viable solution to the state’s housing crisis. Multifamily units also allow people to live closer to where they want to live, reducing the need to drive and improving quality of life.

In conclusion, while the affordable housing crisis is a pressing issue that needs to be addressed, rent control is not the answer. It can decrease the supply of available housing, drive up costs, and negatively impact neighboring communities. Instead, Colorado should focus on policies that encourage the creation of more housing units, particularly multifamily units, to help address the state’s housing shortage.

If you have any questions about our stance on HB23-1115, please feel free to contact us here. If you would like to voice your opposition to this bill, please follow this link.

Are you one of Littleton’s happy home owners?

Are you one of Littleton’s happy home owners?

The Denver Business Journal reported this week that Littleton, Colorado was ranked the second-best small city in the United States by WalletHub.

“Housing costs are affordable, home-ownership rates are high, cost-of-living is comfortable, education and health care are sound and quality of life ranks high.” Denver Business Journal

Littleton Colorado has a rich history, and a doomed factory

Littleton Colorado was incorporated in March 1890 with a population of 245. Franklin Gilmore was elected as mayor the following month and the city’s first church, St. Mary’s Catholic Church, was built on Prince Street in 1901. The county courthouse was completed in 1908 and the first Littleton library was opened in 1917, designed by JB Benedict.

In 1920, the first High School was built as was the Holmes Motor Company. In 1955, the precursor to Lockheed-Martin, the Glenn L. Martin Company was being developed and offered thousands of jobs to local residents. Through the 60’s and 70’s Littleton continued to grow and the Arapahoe Community College was formed, the Chatfield Dam began to be filled with water and the  Littleton Historical Museum opened, which is home to Littleton’s first log school.

The Rough and Ready Flour Mill, built in 1867 provided some of the first jobs for the gold prospectors and families during the gold rush. It burned down three times before finally closing in 1959.

Some features of Littleton Colorado you may not know about

Littleton Colorado is 9 miles south of Denver and is known for its Western Welcome Week that has been celebrated since the late 1920’s and benefits the local community.


Hudson Gardens is a 30 acre non-profit botanical gardens which was started in 1941 by Colonel King C. and Evelyn Leigh Hudson. It became a public garden 1996 and features musical guests throughout the year and makes for a beautiful wedding and event venue.


Littleton World War II Memorial was dedicated on Veteran’s Day in 2000. It is located at 6000 S. Gallup St. Littleton, Colorado in the Ketring Park.

Littleton is an up and coming neighborhood that still has a lot of small town charm. With it’s convenience to C-470 and Santa Fe, getting to and from Denver and the surrounding areas makes it a perfect suburb that maintains its community roots.

Pick up the phone and call 720 989 1996 and lets talk about investing in a rental home in Littleton Colorado!