Reader: High Rent Prices Will Help Cause the Real Estate Bubble to Burst

In recent days, a December post about micro-apartments in the old Hotel VQ building renting for nearly $1,000 even though they're around 330 square feet went viral again. Why? Likely due to reports such as this one about how quickly they're filling up despite the big bucks required to reserve such a space...

By Michael Roberts

June 30, 2015

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In recent days, a December post about micro-apartments in the old Hotel VQ building renting for nearly $1,000 even though they're around 330 square feet went viral again.

Why? Likely due to reports such as this one about how quickly they're filling up despite the big bucks required to reserve such a space.

Plenty of readers shared their thoughts about the price tag for these apartments and others in the area.

This reader sees a change in the offing.

Tina Marie Fair writes:

Way too expensive for such a small space. It's too bad developers are always so greedy. Since the rate increases the last few years, I know of many people who are looking at moving out of the Denver/Boulder area and possibly Colorado. The bubble will burst. The economy in Colorado will not be able to sustain the prices going on.

Send your story tips to the author, Michael Roberts.

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Michael Roberts began his career with Westword in 1990 as music editor. In 1999, he took on a new role, full-time media reporter, as author of a column called The Message. In 2008, he became the lead writer for Westword's news blog, The Latest Word, a position he held until January 2023. Michael continues to freelance for Westword, covering everything from business to sports and the media; he also contributes to Jazziz, a national music magazine. He holds a bachelor's degree from what is now Colorado Mesa University and master's degrees from the University of California, Los Angeles, and Northwestern University.

Contact: Michael Roberts

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