Wealth and the West

Last year, Forbes magazine released statistics on the cities where home values have grown the most over the past twenty years. Four out of 20 were in Colorado, and the number one spot went to Carbondale. Located downvalley of Aspen, Carbondale is home to fewer than 7,000 people and has become increasingly associated with affluence and leisure. However, this is not the whole picture. Many people who have lived here for years now find themselves floundering in the face of rising living costs.

Justin Farrell, Yale professor and author of "Billionaire Wilderness: The Ultra-Wealthy and the Remaking of the American West" talks with Kyle Mackie of…