Colorado Democratic Congressional Candidate Promotes Housing Affordability While Selling Multi-Million Dollar Aspen Homes
Democratic nominee Dwayne Romero is campaigning on housing affordability but his real-estate firm has recently sold luxury Aspen properties worth tens of millions.
Dwayne Romero, running as the Democratic nominee for Colorado's Third Congressional District, is emphasizing housing affordability and accusing major investors of inflating rents. Concurrently, his co-founded real-estate firm, the Romero Group, has recorded sales of luxury Aspen homes, notably a $24.5 million and a $23.8 million property, in a market where median single-family homes approach $14 million. Romero's financial disclosures reveal small shareholdings in BlackRock, Blackstone and Airbnb, companies that have faced criticism for reducing housing supply.
The campaign highlights a need for more construction and reduced regulatory barriers, while also noting the firm's involvement in an affordable-housing community located outside Aspen. National Democratic organizations have placed the district on a strategic target list, though the incumbent Republican retained the seat in the latest election. Romero did not respond to requests for comment.
Why it matters
Voters see a contrast between Romero's affordable-housing message and his firm's high-price real-estate deals.
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