Landlords filed 771 eviction cases in Denver County Court in March — the highest single-month total since the pandemic began. Experts wonder if this is a return to 'normalcy’' or a worsening crisis?
The city of Denver has tens of millions of dollars at its disposal to prop up people who are behind on their rent and at risk of losing their homes. That heap ofdidn’t stop new eviction filings from hitting a level last month not seen since before the pandemic began.
How these two facts exist side by side is a matter for debate for city officials, service providers and apartment industry analysts. Rents in Denver are up 9.9% since the start of the pandemic, according to Apartment List. Average rents in the city were up 14.7% year over year as of the end of March, according to Apartment List’s tracking. That’s actually lower than the national year-over-year increase in average rents, 17.1%.
Drew Hamrick, senior vice president of government affairs for the Apartment Association of Metro Denver, said that eviction filings have remained largely stable in Colorado for the better part of two decades, never rising above 50,000 in a year and never falling below 36,500. The apartment association only tracks eviction filings statewide and did not have data at the city level. Hamrick said trend lines are generally the same in the city and state.
In the rental housing industry, evictions are an ugly but necessary part of doing business, Hamrick said.
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