[SAE72]

Originally Posted by MrGompers

As I asked many times here before, who is buying all the houses people are leaving behind ? No one can answer that.


Tell me what suburban town has huge swathes of empty houses. I have never seen this in CT.


Otherwise are we to believe that every one leaving CT are renters ? Then that would mean rent prices would decrease, but that isn't happening either.

Empty House? Do you mean foreclosures ?
County
Windham 1 in 1196
Tolland 1 in 1262
New haven 1 in 1301
Fairfield 1 in 1333
Litchfield 1 in 1344




1-1196 considers to be high
1-1591 considered to be low


Percentage of owner homes in foreclosure , all aspects


CT .07 %
USA .04 %




Source Realty Trax


Connecticut entered July with the fifth-highest rate of residential mortgages under foreclosure in the nation, according to a Thursday study of more than 360,000 foreclosures nationally over the first six months of the year.


As of the most recent records posted by the Connecticut state courts, Bridgeport had the largest number of pending foreclosure sales in the coming month at 30 properties, followed by the cities of Stamford, New Haven and Hartford with 18 each. But affluent towns are seeing activity, as well, with a half-dozen foreclosure sales under way in Westport, five in Ridgefield and a pair of properties in Greenwich.













Across Connecticut, 40 of every 10,000 homes were part of a foreclosure proceeding between January and June, according to Irvine, Calif.-based Attom Data Solutions, to include new default notices, lender repossessions or scheduled auctions.


After New Jersey in the first half of 2018, Delaware, Maryland and Illinois were the next three worse-off states for foreclosure activity, with Connecticut the only other state in the Northeast in the top 10. Florida ranked ninth with a rate of 37 foreclosures for every 10,000 houses, versus a U.S. rate of 27.




Source The Hour

[JayCT]

Originally Posted by SAE72

Income


Inbound Outbound
6.6% 0-49,999 4.35%
16.04% 50-74,999 15.22%
13.21% 75-99,999 18.12%
21.70% 100-149999 23.19%
42.45% 150 + 39.13%


Connecticut with a 57 percent move out rate, made the list of the top states people are leaving for the third consecutive year. It's the seventh year in a row that Connecticut has registered as having a "high outbound" or "medium outbound" rate. 2010 was the last year that the study found Connecticut to have a balanced inbound/outbound rate.
The top reason people moved out of Connecticut was for a job. The biggest age group moving out of Connecticut was age 55 to 64 and the majority of the people who left were earning an income of $150,000 or more



Source: CT Post

More lower income coming in than out
55-64 is an age group that are parents to graduated College students


These are some of the consequences of 8 years of a Democratic Governor and Legislature

Do you have a link to the complete article? It is unclear what this is based on.

If these figures are accurate (I am not saying they are), you can see we have a higher percentage of people with incomes over $150,000 and $50,000 to $74,999 coming in than leaving. That is not bad. Jay

[SAE72]

Originally Posted by JayCT

Do you have a link to the complete article? It is unclear what this is based on.

If these figures are accurate (I am not saying they are), you can see we have a higher percentage of people with incomes over $150,000 and $50,000 to $74,999 coming in than leaving. That is not bad. Jay

I said the poor were staying, they are. I said the middle class was leaving, they are.


Middle class in CT is 50-146 M a year 6 % more outbound than inbound.


What ever else you want to draw from the figures is up to you. I was asked to verify my opinion and I have done so.

[JayCT]

Originally Posted by SAE72

I said the poor were staying, they are. I said the middle class was leaving, they are.


Middle class in CT is 50-146 M a year 6 % more outbound than inbound.


What ever else you want to draw from the figures is up to you. I was asked to verify my opinion and I have done so.

But you did not provide the link to the complete article or to the source of the data. Without that we are not seeing the actual facts, just what you say it is. Jay

[SAE72]

Originally Posted by JayCT

But you did not provide the link to the complete article or to the source of the data. Without that we are not seeing the actual facts, just what you say it is. Jay

That is proprietary information, but can be verified with a little research. I listed the source of the data to point in the direction. Same with the foreclosure statistics.

[JayCT]

Originally Posted by SAE72

That is proprietary information, but can be verified with a little research. I listed the source of the data to point in the direction. Same with the foreclosure statistics.

You expect us to try and find the source of your data??? Come on now. That is a lot to ask of anyone and make me suspicious of what you claim. Why would someone not just copy the link to their data source? Unless you or anyone provides the actual source of their data, it is questionable. Jay

[MrGompers]

Originally Posted by SAE72

Empty House? Do you mean foreclosures ?
County
Windham 1 in 1196
Tolland 1 in 1262
New haven 1 in 1301
Fairfield 1 in 1333
Litchfield 1 in 1344




1-1196 considers to be high
1-1591 considered to be low


Percentage of owner homes in foreclosure , all aspects


CT .07 %
USA .04 %

Yes I mean actual empty houses. Foreclosures does not mean the houses are empty. There's also something called "zombie mortgages" which I never heard of until recently. I doubt those exist in CT.


I would love to know where there are entire neigborhoods with empty houses in CT. With the way people talk around here one would think we have thousands of empty houses like Detroit.

[SAE72]

Originally Posted by JayCT

You expect us to try and find the source of your data??? Come on now. That is a lot to ask of anyone and make me suspicious of what you claim. Why would someone not just copy the link to their data source? Unless you or anyone provides the actual source of their data, it is questionable. Jay

Jay, the simple answer is that it is work product. I would not post my opinion if it did not have a factual foundation.
I only ask that if anyone doubts my facts and is interested in proving me wrong, they may do the work that I did that uncovered the facts that support my opinion. Of course, I could just do what is popular these days with the Main Stream Media, and say I got the information from " sources" , or those " close to the situation that wish to remain anonymous" , or " I'm hearing " ....or maybe even using Blumenthal's line " indications of evidence".


The point is that in post after post by stating my opinion I am asking how anyone could vote for a Democrat for Governor or any other office in this state based on the last 8 years of results.

[SAE72]

Originally Posted by MrGompers

Yes I mean actual empty houses. Foreclosures does not mean the houses are empty. There's also something called "zombie mortgages" which I never heard of until recently. I doubt those exist in CT.


I would love to know where there are entire neigborhoods with empty houses in CT. With the way people talk around here one would think we have thousands of empty houses like Detroit.

There are hundreds scattered throughout the City of Hartford. Not " entire neighborhoods" , but many in the same neighborhood. In addition there are abandoned commercial properties and commercial buildings. The City has been trying to clean them up.

[Newtohartfordct]

Originally Posted by SAE72

Income


Inbound Outbound
6.6% 0-49,999 4.35%
16.04% 50-74,999 15.22%
13.21% 75-99,999 18.12%
21.70% 100-149999 23.19%
42.45% 150 + 39.13%


Connecticut with a 57 percent move out rate, made the list of the top states people are leaving for the third consecutive year. It's the seventh year in a row that Connecticut has registered as having a "high outbound" or "medium outbound" rate. 2010 was the last year that the study found Connecticut to have a balanced inbound/outbound rate.
The top reason people moved out of Connecticut was for a job. The biggest age group moving out of Connecticut was age 55 to 64 and the majority of the people who left were earning an income of $150,000 or more



Source: CT Post

More lower income coming in than out
55-64 is an age group that are parents to graduated College students


These are some of the consequences of 8 years of a Democratic Governor and Legislature

This is fake news. 57% moveout rate? For who? West Virginia has been tops for quite sometime.

https://www.usatoday.com/story/money...ok/1019429001/