Author Topic: new law in Colorado makes "U + 2" law in Fort Collins illegal  (Read 20437 times)

clarkfan1979

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https://www.cbsnews.com/colorado/news/new-colorado-law-u2-housing-ending-fort-collins/

I have a 4 bed/2 bath house (2204 sq. ft.) house with an oversized garage and covered patio within 1/2 mile of CSU Fort Collins. It's 1150 sq. ft. on the main level and 1050 sq. ft. in the finished basement. Rents have been artificially low because of the "U + 2" law. Now landlords can raise rents to market value and college students can get cheaper housing because now you can have 4-5 students living in a house and splitting the cost 4-5 ways, instead of 3.

For me personally, I'm going to add a closet to a bonus room in the basement and make it a 5 bedroom/2 bath. I will probably eventually add a 3rd bathroom, but not sure if it will be upstairs or downstairs. I will probably have to get multiple quotes. No permit needed for the closet, but I will need a permit for the bathroom addition.

In 5-10 years, we might also add a separate studio apartment with it's own separate bathroom. We will see how things develop over the next few years. 

nedwin

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Re: new law in Colorado makes "U + 2" law in Fort Collins illegal
« Reply #1 on: April 22, 2024, 01:01:09 PM »
Clark - Do/Did you actually follow the u+2 code?  when i lived there our landlord did not, we had a 4 bed house near drake/shields and had all 4 bedrooms full.  There were only two of us on the lease but we sent the LL 4 checks every month. I got the sense that it was not closely followed, but also don't know anything about enforcement efforts.

How did u+2 depress rent for your house?  Did it keep rent closer to that of a 3 bed?

YttriumNitrate

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Re: new law in Colorado makes "U + 2" law in Fort Collins illegal
« Reply #2 on: April 22, 2024, 01:14:23 PM »
I'm jealous. Indiana's Supreme court recently upheld the validity of a similar law. (https://www.purdueexponent.org/city/article_e351573b-10ce-58e2-9b79-2caf7b545b02.html). To add insult to injury, I recently received a flyer about how I should report any landlord who discriminates based on familial status. I kind of wonder if I should report myself since the law requires me to discriminate based on familial status.

clarkfan1979

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Re: new law in Colorado makes "U + 2" law in Fort Collins illegal
« Reply #3 on: April 22, 2024, 02:23:31 PM »
Clark - Do/Did you actually follow the u+2 code?  when i lived there our landlord did not, we had a 4 bed house near drake/shields and had all 4 bedrooms full.  There were only two of us on the lease but we sent the LL 4 checks every month. I got the sense that it was not closely followed, but also don't know anything about enforcement efforts.

How did u+2 depress rent for your house?  Did it keep rent closer to that of a 3 bed?

The house is 2200 sq. ft. with an oversized 2-car garage (550 sq. ft.) and a double lot (12,300 sq. ft.). When I convert the bonus room to a 5th bedroom by adding a $500 closet, my market rent is going to immediately increase from $2700 to $3000. For the students, their housing cost is going to go down significantly because it will be split 5 ways, instead of 3 ways. The rental house is also within 100 yards of the bus line.

Water and Electricity averages $150/month. Gas averages $100/month and internet is $50/month. Going from 3 people to 5 people will increase the water and electricity bill by $50.

When split 3 ways, it's $1000 per person. When split 5 ways, it's $670 per person, even with the rent going up from $2700/month to $3000/month. The landlord gets a 10% increase in rent, consistent with market demand and the students get a 30% reduction in their housing costs. It's a win-win. The "U + 2" local ordinance is just stupid.

If houses make too much noise, they should get a noise violation and fine them. You shouldn't assume that more people automatically assumes more noise. When I lived at the house, I had 3 roommates (4 total). We were very quiet grad students that spend 10-12 hours on campus. I met one of my neighbors after he moved in after about 2-3 months. He told me he thought my house was vacant because he never saw anyone coming or going from the house. 

The "u + 2" also unfairly criminalizes people for being poor. One of the easiest ways to lower your cost of living is to have roommates. Taking that option away from people and making it illegal is just an horrible way to treat people from a public policy perspective.


Bradlinc4

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Re: new law in Colorado makes "U + 2" law in Fort Collins illegal
« Reply #4 on: April 22, 2024, 05:43:28 PM »
I have lived in Fort Collins for 15 years. From my experience with friends and coworkers it was heavily enforced. It wasn't the landlords who enforced it but the neighbors. It was enforced against my business partner after staying over at his girlfriends (now wife's) house for "too many nights." He was in his 50s and she was in her 40s. I am happy to see this law get shot down.

August26th

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Re: new law in Colorado makes "U + 2" law in Fort Collins illegal
« Reply #5 on: April 30, 2024, 12:55:34 PM »
Congrats - the new law is a win for both landlords and tenants!

-From a former FoCo resident

 

Wow, a phone plan for fifteen bucks!