Do you think the Denver, CO market will keep exploding or crash?

[David Comstock]

Personally and thankfully I don't see this market crashing anytime soon, but history repeats itself and there's definitely a chance.

What do you think?

[James Carlson]

@David Comstock

Ah, the "Denver bubble" forums. I love the oldies. I still remember that 2015 album "Denver's Overpriced" and the 2016 record of the year, "Denver's in a Bubble." And who can forget that catchy 2018 tune, "The Bubble's Bursting." They're all great. Me personally? I like the 2019 chart topper with the awkwardly long title, "A friend that has some pretty good connections in the Denver market says we're due for a correction in 9 months." I'm glad to see we're keeping the classics alive.

I kid. I kid. 

Ditto @Matt M. Money's cheap. People are going to buy. And consider this: In 2006, there were roughly 24,000 homes on market at any given time and 572,000 people lived in Denver. In 2020, there are roughly 4,800 homes on market at any given time and more than 730,000 people live in Denver. Way more people competing for way fewer homes. Things ain't changing for the foreseeable future. 

As soon as I say this, we'll have a massive housing recession that will wipe us out. Because the only thing we know is that we don't have a crystal ball. That's true for me too.