Friday, April 12, 2024

The Lap Of Luxury Comes At A High Cost


I walked past Country Club Towers, as seen in the background of the photograph above, this past Wednesday afternoon (The Norman, which always makes me think of the movie Rosemary's Baby for some reason, is in the foreground).  Country Club Towers consists of two 32-story luxury high-rise apartment buildings, with amenities up the wazoo. The location is perfect - directly across the street from the Denver Country Club, a short walk from Washington Park, and just a mile to the west of Cherry Creek North, a very upscale shopping district. But luxury comes at a cost - the cheapest two-bedroom apartment there rents for $3,200 per month. Back when I was working as the Finance Manager at the University of Denver Bookstore, that amount of rent would have taken 85% of my take-home pay. Who the hell can afford that? Even if you want a one-bedroom, it is still a minimum of $3,000. Of course, folks on a budget can always rent a studio for the bargain rate of $2,300. And for the more affluent, the rents can go as high as $8,000 per month. Are there really that many wealthy people in Denver? Perhaps that's why it seems like everyone here drives a Lexus, BMW, or Mercedes. Whatever the hell they do for a living, I sure wish I had majored in that at school.

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