Everyone moving to Denver! (Longmont, Center: rental homes, credit card, lenders)

[wanttomoveeast]

Meter readers have stats on illegal aliens? how so? Sorry, I find that ridiculous. Even the staticians have a hard time placing data because um, they are illegally living here. But maybe you know something I don't. Please share!

Originally Posted by 1AngryTaxPayer

I hadn't been back to Denver in 10 years and was absolutely shocked by the number of Illegal Aliens. My BIL gave me a run down on the City as he is a meter reader. Un-believable.

[jazzlover]

Originally Posted by Pyrotecman

First of all the housing market for medium priced homes is on FIRE I have been trying to buy a house now for three months but no sooner do I view a house then I find out its already under contract. Homes I am able to put an offer on there are already five offers on it. The ones owned by banks and are in really bas shape could take a few months but if there is nothing "wrong" with the house then it will go rather quickly.

Anyway, If your trying to move here, you won't have a too hard a time. Good Luck!

Dream on. The real repercussions of the crash of the real estate/debt/overconsumption bubble have not spread to the general Colorado economy yet. That's coming--in spades. The Colorado economy is extremely dependent on industries that are likely to be hit very hard--real estate, construction, tourism, etc. The real problem is that few people in Colorado--and in much of the US--have seen this kind of vicious economic crash, so they don't know what it means when they see the flashing red warning of what lies ahead--they are going to drive off of a cliff with their foot on the gas pedal.

[wanttomoveeast]

great post Jazz, although I think some of it could be in response to Vegas as well. I really think that many people are watching this market crash have this thought that it won't apply to them, kinda like other crap that the Bush admin. has done recently and in the past years.

[ryanek9freak]

Originally Posted by jazzlover

Dream on. The real repercussions of the crash of the real estate/debt/overconsumption bubble have not spread to the general Colorado economy yet. That's coming--in spades. The Colorado economy is extremely dependent on industries that are likely to be hit very hard--real estate, construction, tourism, etc. The real problem is that few people in Colorado--and in much of the US--have seen this kind of vicious economic crash, so they don't know what it means when they see the flashing red warning of what lies ahead--they are going to drive off of a cliff with their foot on the gas pedal.

SOunds exactly why I left Ohio. I wanted to drive off a cliff.

[vegaspilgrim]

I think you missed the point. The point is that everybody has a different situation, and for some people-- especially young people who aren't tied down-- moving isn't that hard to do. I'm not sure which message board you've been reading but I've seen a LOT of us young'ins talking about moving to Denver over the last few weeks and months here. I think there's even a new one today.

Originally Posted by wanttomoveeast

True, but still, judging from this forum alone it would appear they are coming in masses! ... Again, many people don't have a home to move to rent free. It's not really what I was questioning in this thread anyway. Most of the posts I've read are from people with kids, not 22 yr. olds with no kids. I'm just looking at the most recent posts. And yep, mortgages are what they are carrying too.

[Sheridan1962]

We are moving to Denver (and extremely excited about it) because my DH got an exceptional job offer with an excellent company. 6-figure salary, nice signing bonus, and the company is paying all of our relo costs, including the RE costs for selling our home here, and buying one there. Sweet deal.

[livecontent]

Originally Posted by vegaspilgrim

A lot of people on this forum talk about moving to Denver but whether or not they'll actually do it when push comes to shove is a different story.

I fail to see what the closing price of the DJIA has to do with whether or not one would move to Denver. The ups and downs of the stock market is scary but that is not directly related to employment. For most people life moves on. If you're an investment banker, in the mortgage industry, or in real estate life must be looking pretty grim right now though. Believe it or not people are still getting hired for jobs, even RIGHT NOW. I've had three job interviews in the last two weeks, and a few more lined up soon. There's a lot of ignorant panic going on right now, being promoted by the media because people find fear entertaining.

Well for me, as soon as I graduate in May I'm coming to Denver job or no job-- what have I to lose? I can live at home, free rent, however long it takes until I find a job and then move out and get my own place. Of course I'm also 22 and Denver already is my home. Most people wanting to move to Denver don't already have that luxury. The only possesions I have other than what I can pack in my car is cheap IKEA furniture which I'll be glad to throw out. Once my apartment lease here is up next May, all it's going to cost for me to move back to Denver is 3 tanks of gas and possibly a one night stop in Vegas. Many of the people wanting to move to Denver we hear about on this forum are also pretty young like me and are single, free, and easy. Of course, if you're married and have to worry about finding new jobs for TWO people, have kids in school, a mortgage on a house, and a house full of junk that needs an 18 wheeler to move, just picking up and moving to Denver is a lot easier said than done.

This is such a good post because it reminds me of my youth when I came to Denver. How come I cannot give you any reps and you keep giving them to me????

I moved here, 30 years ago, with my car, a few possesions, little money and the energy of youth. No responsibilities, nothing holding me anywhere--I could just move. I am almost 3 times your age--
and I am a little jealous....but I had my day.

I do agree, that the DJIA has very little to do with the people who are moving here. If you are young and carefree--you do not care; if you are poor, it has no direct effect on you; if you are retired and moving here, well, you made up your mind; if you are looking for a job, then you believe Colorado is much better than where you are living. I do not think many people run their lives on the ups and downs of the indexes.

The trick is to live simply with few needs, wants and desires...Yes, I am much economically poorer today than I was last week...I do not care...I am not less happy...because the accumulation of wealth means little to me...

As you said, people are getting hired for jobs right now. But again, you are young and have the faith in yourself in the future....but I do too, not because I am young, but because I have seen all this before and I still find a way to
Livecontent

[BK913]

Originally Posted by wanttomoveeast

OK, so this is a good thing only, just my thoughts now...

What about this economy? How on earth can all these people move here and expect everything to be okee dokey?

Banks going under, the DOW closing at 9,000 today, chaos oh my ---what would make a person want to up and move RIGHT NOW?? Unless they have the money I suppose, but I doubt that's the case.

So for us Denverites, how will all this "I'm moving to Denver" affect us? Do you guys think this will help our sour housing status?

I for one am glad because everyone here knows I whine about Denver being too small. So come on everyone, move here!!

I've wondered the same thing! You see tons of people in this forum saying they're moving to Denver, yet many don't indicate whether they have a plan for finding meaningful employment in these economic conditions. Are they moving on a whim or blind faith??!? Granted, some are probably naive college grads (I was one once!)...some might be in fields where qualified candidates are in demand such as health care...and some might be trust fund babies (sure wish I fit that category! )!

But what about everyone else? If there really are a lot of people moving to Denver, doesn't that create stiff competition for the jobs available if you have, say, a business degree and several years experience? It just seems awfully risky to move there without having a job lined up, good economy or not. I have visited the area five times in the past year and 100% know for sure that I want to move there someday, but the issue of employment has kept me from doing so. I have a good job where I live now, so it's mentally difficult to make the decision to move without having something comparable lined up in advance. Colorado employers generally consider only local candidates (unless you're in a field that is in-demand), so where does that leave you??? As for me, I'm still here in Kansas City *sigh*. There have got to be many others who feel a little frustrated, wanting to move but can't get past the idea of moving without a job. Maybe someday.

As for the OP's question about whether transplants will help the Denver housing market, I'm thinking the answer would be no. I don't live there, but from all the research that I've done (and trust me, it's been a lot) it seems like the relationship between average wages and housing costs is challenging in Colorado. During this decade housing costs in many parts of the country outpaced wages. This was most extreme on the coasts, but Colorado did experience some of this too. It seems like housing prices would need to nudge a little further downward there to become more affordable for the middle class. I know those of you living in Colorado wishing to sell your house won't like hearing me say that. Sorry. - If it's any consolation, I'd buy your house if you can help me find a job!

Enough ranting/speculating for now. Peace out!!!

[wanttomoveeast]

ok, I am looking in the Denver thread at the most recent posts, all from people leaving their homes, looking for new homes here and bringing kids and oh none of them are in the 20s range:

http://www.city-data.com/forum/denve...ur-family.html

http://www.city-data.com/forum/denve...ob-denver.html

http://www.city-data.com/forum/denve...ve-denver.html

http://www.city-data.com/forum/denve...mily-area.html

http://www.city-data.com/forum/denve...nver-area.html

http://www.city-data.com/forum/denve...lls-south.html

And I didn't even bother to include all of the people who didn't specifically say they had kids or were in their 30s plus, but it was quite obvious they did because of their questions, looking for good schools, safe neighborhoods, etc. So, um, yeah, it appears that there are a few people interested in moving here, and many seem quite more than interested to me.

I did see some youngins looking to move here, but the idea that this economy and the housing crunch and likewise and our future has nothing to do with youngins is just silly. You might think this doesn't affect you, you might think you are somehow not going to be affected, but again, I think that's just naive. Just my 2 cents. I respect yours, although disagree.

Originally Posted by vegaspilgrim

I think you missed the point. The point is that everybody has a different situation, and for some people-- especially young people who aren't tied down-- moving isn't that hard to do. I'm not sure which message board you've been reading but I've seen a LOT of us young'ins talking about moving to Denver over the last few weeks and months here. I think there's even a new one today.

[mczabe]

Add us to the "got a great job offer with full relo package" crowd. When we factored in the amazing family activities and strong schools available in an affordable (for us in this situation) neighborhood, it became a no-brainer.

Our quality of life here is so much better than it was back east, I can't believe NJ and NY haven't up and moved here en masse.

Even my poor mother, who is still in PA and came out when we were trying to decide on the big move, said we would be fools if we didn't run to Denver. This was where she knew her grandkids would thrive...now, you don't know my mom from Adam, but trust me, that's big praise indeed.