New Survey Reveals Coloradans Would Be Okay With Living in Former Meth Labs
From million-dollar silo homes to resort-style rentals, Colorado is full of prime real estate. However, not all residents can afford to live in luxury, and many are looking for ways to save — even if that involves a drug den.
According to a new survey from Rehabs.com, Colorado home buyers would be willing to live in former meth labs...if they received a 46% discount on the property. Considering that someone recently purchased the infamous Colorado Springs "hell house" for over asking price, this statistic actually isn't too surprising.
But why are Colorado residents so willing to cut costs when it comes to homeownership?
It all comes down to expensive real estate. The average 2,000-square-foot home in Denver goes for $554,628, a price that would lower by over $300,000 if the home in question was a discounted former meth lab. There's also no shortage of meth in the Centennial State — Rehabs.com ranks Colorado as one of the top ten states with meth lab seizures.
However, don't go all 'Walter White' just yet.
67% of those surveyed said they would avoid visiting family and friends who lived in former drug dens (mostly out of a fear that there are operating ones nearby). Safety is also an issue, as former meth labs can contain harmful chemicals that cause headaches, vomiting, dizziness, breathing difficulties, and more.
It's certainly prudent (and often necessary) to save on real estate, but living in an old drug den probably isn't the best way to do that. Instead, consider developing a home-buyer plan with a HUD-approved housing counseling agency.
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