This is the last of a planned series of hikes of more than $1 per hour. The consumer price index will determine how much the minimum wage will be starting in 2023.
“My sense is that our community’s eyes don’t deceive us, and everyone has the sense that unsheltered homelessness numbers will increase,” said a city official.
Homes selling for $1 million or more quadrupled in the Denver area from 2016 to 2021, with 1,353 in 2016 and 5,548 in the first 11 months of this year.