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Drew Hamrick
General council and senior VP of government affairs for the Apartment Association of Metro Denver, advocating for landlords.
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Jan 6, 2025
• 34min
Construction Is Booming! Why Aren’t Rents Coming Down Faster?
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Drew Hamrick, General Counsel and Senior VP of Government Affairs for the Apartment Association of Metro Denver, dives into Denver’s booming construction scene. He explains why rents aren’t dropping despite new apartment buildings and discusses the influence of rent-setting algorithms on pricing. The conversation also touches on how recent affordable housing ordinances have drastically affected permit applications for new developments. Drew shares insights on potential future rent increases and the evolving dynamics between landlords and tenants.
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