As a card carrying libertarian, I find this initiative appalling. Any regressive democrat with a preschool level understanding of economics would know that artificially limiting growth in the housing market will only drive housing costs higher, further driving out the poor by making it more unaffordable to live in Colorado. It's called supply and demand. If the supply of a highly demanded product goes down, the cost for that product goes up, especially if that supply is artificially limited.

All the policies that have been passed in the last 20 years by so-called progressives have created the perfect storm in the Colorado housing crisis we have today: increased property taxes, inordinately high and unnecessary construction standards which drive up insurance costs for developers, and now artificially capping growth. If anything, this initiative is an attack on the poor. Funny how democrats attempts to help are actually making the housing situation worse for those on the bottom.