BLUE STATE BLUES: Stalled population growth a sign of Colorado in decline.
Something strange is happening in Colorado — strange enough that the political class should notice.
People are leaving Colorado.
After years of being one of the fastest-growing states in the nation, net in-migration has stopped and may be reversing.
According to Federal Reserve Bank data, the last time Colorado’s population took a dip was 1945. Congrats to our policy makers, who finally achieved something historic no one asked for. The Broncos haven’t won a championship in a decade, but what you’re achieving hasn’t happened in 80 years.
For the first time in 16 years, rents in metro Denver are actually going down. Not “slowing their increase.” Not “rising less quickly.” Going down.
Metro-wide rents are down nearly 5% over the last year. This should set off alarm bells under the Gold Dome. But it won’t.
Before the Democrats took complete control, Colorado was almost always in the top ten states for in-migration. Now it’s in the bottom ten.