The x and y of growth
Could the cost of housing possibly rise any faster here? This is a question worth pondering as the county commissioners step toward a moratorium on some building.We hear of Aspen and Boulder, as if horror stories that Eagle County should avoid. Those communities limited construction and properties values soared, we’re told. Imagine what would happen here.Left unsaid is that the price of housing in Eagle County has soared nearly as much anyway. The population growth is about to get very scary, too, unless you are a fan of today’s 45,000 or so residents swelling to 85,000 or more by 2020. If the cost of housing has and will continue to soar anyway, how much difference does exacting some control on new projects make? Other than fewer people with high costs compared to considerable more people with high costs. The y in this equation is the same in either case. So how about that future x number of people? As Commissioner Runyon points out, there are over 12,000 housing units already approved for construction in Eagle County. That ought to keep the construction types busy for awhile yet.But also, a county moratorium does not change what the towns do about building. Minturn, for instance, can’t wait to annex 5,400 acres for Bobby Ginn’s ski slope and golf course community with more homes than the current town has people.The conversation is interesting. But let’s not fool ourselves into thinking it’s really about stopping growth. Vail, Colorado
Support Local Journalism
Start a dialogue, stay on topic and be civil.
If you don't follow the rules, your comment may be deleted.
User Legend: Moderator Trusted User
Are we seeing more bears because there are more bears on the valley floor, or because we’re all spending more time at home? It could be a bit of both.