[LateNiteCruisin]

Gotcha!

Originally Posted by CTartist

You have to make sure the drop down box is on: 10-Year Change (2008-2017)

Here is what is should look like and you can see in the picture that CT has the lightest color.
Attachment 213206

[WouldLoveTo]

Originally Posted by beerbeer

Connecticut is eating its seed corn. Nothing is growing in the field.

Its economy is now competing with West Virginia and Wyoming. https://www.courant.com/politics/cap...sd4-story.html

It has been raining for a decade. Hell it's been raining for 44 years. What is the rainy day fund if you citizens are being taxed to to the point of moving out.

Yeah, but you can buy cheap property in WV and not in CT

[GeoffD]

Originally Posted by WouldLoveTo

Yeah, but you can buy cheap property in WV and not in CT

You can buy cheap property in CT, too. I see a $140K house in Killingly with $2,300 in property taxes. At the $10.10 minimum wage, a married couple both making a bit over minimum wage at $25K each could afford that. I see houses in Bloomfield priced like that. The property taxes are more like $3,800 but wages are higher around Hartford.

[beerbeer]

Originally Posted by WouldLoveTo

Yeah, but you can buy cheap property in WV and not in CT

True. But again this is a legacy of the past. Prices on CT homes are rising very, very slowly compared to the rest of the country. Once again, the trend is important. It tells you much more than the raw numbers.

[CT_Yank]

Originally Posted by beerbeer

True. But again this is a legacy of the past. Prices on CT homes are rising very, very slowly compared to the rest of the country. Once again, the trend is important. It tells you much more than the raw numbers.

I would say still losing value. My neighbors are selling at huge loss with 2014 purchase in tony Fairfield. They are below their buy price and put 70k in easy. Lots of examples of huge losses recently in my circle.

[JayCT]

Originally Posted by CT_Yank

I would say still losing value. My neighbors are selling at huge loss with 2014 purchase in tony Fairfield. They are below their buy price and put 70k in easy. Lots of examples of huge losses recently in my circle.

Uhh.. from what I see in Fairfield this is not true. I have a friend who just sold there after owning about six years and they did well over what they paid and put into it. The son of another friend builds houses in Fairfield and he is having no trouble selling them, most before construction starts. They start at about $700,000. Could they have over spent on renovations for the neighborhood? Jay

[CT_Yank]

Originally Posted by JayCT

Uhh.. from what I see in Fairfield this is not true. I have a friend who just sold there after owning about six years and they did well over what they paid and put into it. The son of another friend builds houses in Fairfield and he is having no trouble selling them, most before construction starts. They start at about $700,000. Could they have over spent on renovations for the neighborhood? Jay

No Jay. As I said, they are below their 2014 purchase price before renovations. They are in upper 800s.

[JayCT]

Originally Posted by CT_Yank

No Jay. As I said, they are below their 2014 purchase price before renovations. They are in upper 800s.

Sorry to hear that. Well again, my friends aren’t having that problem. Jay

[Chazbme99]

Connecticut is having a problem with jobs disappearing. Our high paying white collar jobs are moving out of state. They are being replaced by warehouse jobs. $15 an hour minimum wage is not a serious wage. Connecticut used to celebrate bringing in new companies to build and invest in high paying career jobs. Now we boast about creating low end part time warehouse jobs. It is nice to see Amazon build warehouses and sorting centers here but those jobs do not have a major impact on our economy overall. We don't attract the high end tech jobs. Those go to states that offer lower taxes and regulations.

[BlackRocker]

Originally Posted by CT_Yank

No Jay. As I said, they are below their 2014 purchase price before renovations. They are in upper 800s.

I’ve beard similar from various people in Fairfield on anything that isn’t near or south of Post Rd. That area seems to be doing well.