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Message: <blockquote data-quote="Jimi77" data-source="post: 8887599" data-attributes="member: 673702">Actually the local gov't is already renting out some of the crappier hotels/apartments in Denver (for the homeless/immigrant population), which is driving up prices off all the hotels, so the corporate owned hotels are refinancing and pulling cash out of their properties based on these new ~100% occupancy rates and the inflated priced the city is paying for rent.  If they do NYC style rent control, people would be stuck with those properties I was looking at "forever."</blockquote>

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