Housing boom doing little for lower-income workers

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Housing boom doing little for lower-income workers

Hundreds of new homes planned, but median prices remain out of reach for many
Justin Cleary, left, and Jordan Nunez, both with Durango Seamless Gutter, work on townhomes in Three Springs subdivision. Three Springs is one of three major developments in or near Durango, where home prices are outpacing median incomes.
Twin Buttes is in its second year of construction, with 16 homes currently being built 2 miles west of downtown Durango. When complete, 655 homes could be built in the area, including apartments, townhomes, duplexes and single-family homes.
Homes under construction in Twin Buttes are drawing buyers from La Plata County and the Front Range. Some interest is also coming from Oklahoma, New Mexico, Arizona, Texas and California.
Construction workers are nearly finished with six townhomes on Confluence Avenue in Three Springs. The subdivision has prepared lots for 23 two-story townhomes.

Housing boom doing little for lower-income workers

Justin Cleary, left, and Jordan Nunez, both with Durango Seamless Gutter, work on townhomes in Three Springs subdivision. Three Springs is one of three major developments in or near Durango, where home prices are outpacing median incomes.
Twin Buttes is in its second year of construction, with 16 homes currently being built 2 miles west of downtown Durango. When complete, 655 homes could be built in the area, including apartments, townhomes, duplexes and single-family homes.
Homes under construction in Twin Buttes are drawing buyers from La Plata County and the Front Range. Some interest is also coming from Oklahoma, New Mexico, Arizona, Texas and California.
Construction workers are nearly finished with six townhomes on Confluence Avenue in Three Springs. The subdivision has prepared lots for 23 two-story townhomes.
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