Demographer: Super-rich declining in Aspen

ASPEN — A demographer says the super-rich are likely to have less impact on Aspen’s economy in the future and that tourists and retirees will play a bigger role.

Jim Westkott, the former senior demographer for Colorado, told local officials Wednesday the recession has changed his outlook for Aspen and other resort areas.

Westkott says construction of large second homes for wealthy part-time residents created jobs in construction, landscaping and cleaning.

He says he now expects fewer big, single-family homes to be built and spending by ski visitors to decline.

But Westkott predicts an increase in construction of moderate- and large-size attached homes and more summertime tourism.

He says some houses in the 10,000-square-foot range could even be converted into duplexes, co-ops or some type of assisted living facilities.

COMMENTS

Commenting is not available in this channel entry.







Check out most popular special sections!










THE DAILY SENTINEL
734 S. Seventh St.
Grand Junction, CO 81501
970-242-5050
Editions
Subscribe to print edition
E-edition
Advertisers
Sign in to your account
Information

© 2014 Grand Junction Media, Inc.
By using this site you agree to the Visitor Agreement and the Privacy Policy