Posted on 04/20/2006 5:33:33 AM PDT by decimon
It is like that here in NM. It has always been a poor state, mainly agri-business and federal (military), but now, since Californians have been moving in, prices started going way up for housing. And now, people from the NE are moving here, causing a spike in prices like no other. The cities are growing, as are the towns, but most of the places don't have enough water to support a much higher population, that is the problem (I welcome the business, the area is booming).
Well the Californians filled up Oregon, Washington, Arizona, so now its New Mexico. I have done a lot of business in Yuma over the last couple of years and am amazed at the number of new houses being built and sold there each time I visit. The economy of Yuma hasn't change yet there are a lot of tax immigrants from California moving in. I hope they don't spoil the Yuma vibe with their strip mall appetites.
One of the dirty little secrets in the New York City area is that a home is no longer an asset -- it's a liability. When you consider how much the value of a typical home has increased in the last ten years and then subtract the amount you've paid in property taxes, you often find that you would have been better off stuffing your money in a mattress.
I can remember when anyone commuting to NYC from Pennsylvania would have been a candidate for a rubber room. But that's no longer uncommon. Amazing.
Don't you DARE ship them to Tennessee. We want conservatives who'll immediately become CCW holders and start packing heat.
Did you see the stats? Migration to Tennessee is way down over the 1990s. A lot fewer people are moving there. More are moving to S. Carolina and Georgia.
Migration to Mississippi is way down, too, which I assume means fewer people moving across the state line to DeSoto County.
My job moved me from NYC two years ago, but we had a doorman in our building who commuted every day from Allentown, PA, to midtown Manhattan. The bigger bang for the buck and the better public schools made it worthwhile for him.
I'm surprised to see that more peole are moving out of the state than moving in. We are being flooded with immigrants frmo SE Asia, Somalia and Mexico. Our cold weather certainly does cause many, especially retirees to move south, but the general gain in population is higher than all the surrounding states in the midwest.
The Twin Cities and the belt between Rochester, Mpls-StP, and St. Cloud is growing by leaps and bounds.
I migrated to Tennessee 6 years ago from Brooklyn, and have not regretted it for one single second.
Bucking a regional trend, more people moved into the state (WI) in recent years than left it
http://www.jsonline.com/story/index.aspx?id=417166
I'm in central New Jersey. Prices here continue to rise, slow in some areas, faster in others but still going up.
The house next door sold for $395,000 less than two years ago. A similar house four doors down just sold for $450,000 and the one behind me (slightly larger) just sold for $560,000. My home was appraised at $400,000 two months ago and yesterday a friend of mine who is in real estate said I could expect to get at least $430,000 if I sold this spring or summer.
It's crazy.
Taxes, but they won't admit it.
According to the article, or how I read it, they are looking at migration within the US and not immigrant effects. It could be that an area would experience a population increase, due to immigrants, at the same time as more people leave for other States than come in from other States.
the headline barely fits the article, and the word TAX appears nowhere in the text. jeez.
"I had given TN some thought but was concerned about those still fighting the 'war of northern aggression.'"
If I ever were to move to the south, I would make sure that I'd fly the New York Yankees flag right under the Stars and Stripes........just to p*** off the neighbors.
Damned Yankees forever.
Well there are a few dead-enders around, 5th generation ones at that, but its hardly a cause celebre for the average Joe. As for racism, I saw a lot more in Brooklyn, at least of the ugly in-your-face variety than I've ever seen down here.
The population loss for the state of New York is Upstate - because there aren't enough decent jobs. Housing costs aren't the reason for the flight of people from Upstate - they're pretty reasonable. A house that's assessed at $130k in a decent Rochester suburb would probably be assessed at double that elsewhere in the country. The problem is high taxes and high unemployment.
Hence the saying around here - Buffalo's a great place to live, if you already have a good job.
Actually, here in Central NC the Yankees bring lots of cash derived from selling their homes, try to make it here on less than $30,000 a year, then give up, sell their new homes and move on. I see them on the sidewalks around here all the time, shaking their heads and wondering how to keep a household up on a temp's wages (the IT companies here are concentrating on H1-b's, temps, and new college grads for personnel).
My realtor friend is making a fortune off them; catches them coming and going.
About a year ago my parents started researching vacation properties, as we used to live in NY they looked up properties on Long Island. We were surprised that many communities did not seem to be as expensive as we thought they'd be given their proximity to the ocean. Then we realized how high the property taxes were...case closed.
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