Rising condo prices in Denver? AHAHAHAH...!

From today's Denver Post, developers are raising asking prices of downtown condos. And just why?

Koste said downtown is distinct from the rest of the metro market, where prices and sales have been dropping for months.

"It's a good place to consider investing," he said. "They're not making more downtown. They're making more suburbs and minidowntowns that are transit-oriented. But there is really only one downtown."

By this logic, rocks and soil are no longer being made (unless you live near a volcano). Better stock up fast before all that surplus dirt is gone!

For the record, if I had $450+K to spend on a living space, it wouldn't be anywhere near Denver. Bet you could still pick up a decent place in Brooklyn, Queens, or maybe in Boston for that price.