Effects of Legalizing Marijuana on Denver's Real Estate Market by Gennady Barsky

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The Effects of Legalizing Marijuana on Denver's Real Estate Market

The legalization of marijuana has had a big impact on the state of Colorado, and nowhere is that more apparent than the real estate industry. Experts are saying the market has been "permanently changed" by the new laws, and those differences are reflected in everything from property values to geographical hot spots. Denver is a great example of a changed city in Colorado. Filled with houses, apartments, condos and lofts, its buy and sell rates have spiked significantly since marijuana became a legal product in the state. So what if you're moving to Denver this year? Or what if you're trying to unload your home and move away from Denver? Both possibilities will require you to understand the current real estate market, so here's a quick look at how the legalization of marijuana has changed the Denver housing industry. Rising Prices


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