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I knew you watched the same exact video as I did when I saw your previous post. There are valid points, but the video does also mention that DE has so few residents because it is a small state geographically as well. That is a major factor. In fact, I feel like asking the question at all is kind of misleading. In terms of population density, DE ranks 6th among all states, right behind neighboring MD and ahead both neighboring PA and NY. So, all things considered, it actually punches above its own weight.
Just suffers from lack of jobs/industry. The state specializes in law, banking, chemistry as the other major cities in states outside have more popular industries.
Its also difficult to build housing in Delaware due with the marshes/flooding due to most the state only being 60ft above sea-level.
So lack of industry for work-force aged people, challenges in building housing, and doesn't have the year-round weather like Florida for retirees even though its a tax-friendly state.
Delaware majored in being a tax shelter for shell companies, and minored in Dupont. That's basically their economy, lol. You could say they're the Ireland of the US.
I knew you watched the same exact video as I did when I saw your previous post. There are valid points, but the video does also mention that DE has so few residents because it is a small state geographically as well. That is a major factor. In fact, I feel like asking the question at all is kind of misleading. In terms of population density, DE ranks 6th among all states, right behind neighboring MD and ahead both neighboring PA and NY. So, all things considered, it actually punches above its own weight.
Delaware majored in being a tax shelter for shell companies, and minored in Dupont. That's basically their economy, lol. You could say they're the Ireland of the US.
Pretty much. And beach tourism and “no sales tax” retail convincing people who live nearby in bordering states to make major purchases.
Funny you mention Ireland. Pretty sure DE ranks very high among states in Irish ancestry percentage, including its most famous resident.
We will most likely eventually move back to NY, but upstate. My pension is tax free there, a bug consideration when “true” retirement time comes.
I love upstate NY , Upper Hudson Valley+ Columbia County are gorgeous ! I spent alot O time in the Berkshires of Mass and love it up there but the proximity to the Grand kids isn't good.
I grew up in TX and moved to NJ shortly after college graduation. My wife is a Jersey girl (she never really fit in TX) and I had a job opportunity. That was more than 20 years ago. I prefer the Northern NJ. Visited family in TX recently and it only took a few days for me to miss my home in NJ.
New Jersey is so diverse on so many levels which results in many opportunities for work, family, and life. One can move around various parts of NJ the experience is like moving to a different state; South, Shore, North, City, Rural, or Suburban. The area I live in is very family friendly and my children love it here. I'm also frequently in PA to enjoy rural areas and nature. I'm also just over an hour's train ride and bam... I'm in NYC. NJ also ranks high in services offered for children; special needs, education, health, etc. My wife is in education and this is an ideal location for her career as well. I find myself making more friendships as well; views varied but for the most part, people are more tolerant of various different views in part due to the diversity of the state.
Yeah, each state has its problems as well. I could list my grievances against NJ as well... The main challenge for me is the COL and taxation in NJ. We don't need much and we live a very modest/frugal life. I don't think I could retire here though. Simply too expensive.
Last edited by usayit; 09-14-2023 at 11:15 AM..
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