Reader: My Mortgage Is Four Times Less Than Rent for a 2-Bedroom Downtown

In a recent post, we shared costs for the most expensive Denver neighborhoods to rent a two-bedroom apartment during March. As we pointed out, the median amount in the priciest neighborhood, Lower Downtown, was more than twice as high as that in either of the places that tied for the...
By Michael RobertsApril 4, 2016
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In a recent post, we shared costs for the most expensive Denver neighborhoods to rent a two-bedroom apartment during March.

As we pointed out, the median amount in the priciest neighborhood, Lower Downtown, was more than twice as high as that in either of the places that tied for the ninth costliest.

The figure caused plenty of readers to react.

Here’s the response from someone glad to be paying for a home rather than renting in LoDo.

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Doug Sunada writes:

It’s all about “Convenience” nowadays. People want to “Work, Live and Play” within a 5 mile radius of where they live. Living in Lodo is where it’s at. I can’t see that. To me it’s a waste of money going outta my pockets…. My mortgage is 4 times less than they want 4 rental Downtown.

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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.

michaelrobertscolo@gmail.com

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