Colorado takes a new – and likely more effective – approach to the housing crisis

A builder works on the construction of a new home. AP Photo/Mel Evans

In recent years, Colorado has been a poster child for the U.S. housing crisis. Previously a relatively affordable state, it has seen home prices increase nearly sixfold over the past three decades, outstripping even Florida and California.

Once a problem confined to coastal cities, unaffordable housing has increasingly become an issue in the nation’s heartland.