Daniel Green et. al. A Case in Point: at a 5.4% compound annual growth rate (CAGR).1 See Exhibit 1 for house price growth in Washington Park, the greater Denver area, and Colorado statewide. The young couple was planning to stay for the long run, and were confident that home prices would continue to maintain upward lift. A key part of the Denver economy was in the intersection of the aerospace and advanced manufacturing industry, in which Sarah and Dakota worked. Colorado's early days were largely reliant on natural resource extraction and agriculture, but Denver's strategic geographic location positioned the city well for an influx of federal spending during WWII. This would propel the city into the 21st century as a more diversified economy defined by high-tech tied to federal contracts. High- tech and high paying jobs had attracted 570,000 largely educated, young professionals to the state between 2009 and 2016