Ever since the late 1930s Virginia’s population has grown faster than that of the nation — until the past few years, that is. Recently, Virginia has experienced a slight net out-migration of domestic residents, and population growth has slowed to match that of the U.S. as a whole.
Writing in the StatChat blog, Hamilton Lombard at the University of Virginia’s Demographics Research Group suggests that a contributing factor is the relative rising cost of housing. He writes:
As recently as the 1990s, Virginia was, like its southern neighbors, a significantly more affordable place to live than most northeastern states. The median home price in Virginia in 1990 was half that of Connecticut but close to a third more than in North Carolina. However, over the past couple of decades, home prices in most places in Virginia rose faster than the rest of country.
As a result, by 2019, Virginia’s median home price was slightly higher than the median home price in Connecticut and 50 percent higher than in North Carolina. Home prices in every Virginia county north of the James River, except Amherst, have risen faster than the rest of country.
Today, says Lombard, Arlington and Fairfax have the most expensive housing among all East Coast counties — exceeded only by Martha’s Vineyard and Nantucket.
Bacon’s bottom line: Governor Youngkin, do you want to address the cost of living in Virginia? You need to start with the cost of housing!
Article from baconsrebellion.com
5 comments
Notice the dark, hatchet shaped jurisdiction in the center of the state. That’s Goochland County whose real estate tax rate is 53 cents. It is the smallest locality population wise to have three AAA bond ratings. All due to careful budgeting and fiscal management.
Size of government and its sycophantic class of suck-ups to our tax dollars. Cut government in half and watch all other home prices go up, along with our freedom and quality of life! My Dad, 70 years ago, said the way to cut numbers and prices of lobbying would be to cut the government they feed off of. And he was a career bureaucrat.
Fellow citizens, despite the constant torrential rain of crap in our faces with the Bribem/Piglosi/Schmuckie Schummer and yes Turtle gumment, today we, tax donkeys, debt serfs, deplorable peasants have reason to cheer:
Hillary Clinton told her adoring media monkeys that she is not running for Queen… er President!!
Let us raise our voices in the street:
Ding Dong the witch is dead; which old witch; the Hillary Bitch!!! Ding Dong the wicked Bitch is dead.. She’s gone where the goblin neocons go, below below below… etc.
Oh.. I am sure she’ll still stir up some good old Clinton grifting and Deep State Dealing… but at least she won’t be at the head of the table of orcs, demons, necromancers.. etc.
Hip hip hoorah!!!
Yea, because of deficit spending that feeds the corruption inside the beltway. Inside the beltway, the throne of Lucifer. 😂 Outside, surrounding the beltway, is where Lucifer’s angles live who work (fertilizing corruption), inside the beltway. But, do not worry, Trump is going to save all their asses. Unless, unless, Trump runs out of Federalist Society Catholic judges (political operatives) that he appointed that keep his ass out of jail. Joe, is he just wayyyyyy to busy working out the details of Hunters pardon to keep up with reality, andddd sending billion dollars checks to Ukraine for what Hunter was paid about $1 million per year for while Joe was VP. No, no, Joe didn’t have a clue what was going on so he didn’t get a cut. Well, if you believe in flying saucers he didn’t….😂
Will a Trump 47’ throw Ukraine to the dogs as payback for not giving him the goods on Hunter and Joe? Stay tuned!
Arlington and Fairfax have the highest priced housing next to Martha’s Obama Vineyard and Nantucket on the East coast… color me shocked, Mr Bacon. I am shocked there is gambling going on at Rick’s!!! Now… why would that housing be sooo very expensive? Anyone? Anyone? Could it be because…
THE FEDERAL GUMMENT SHOWERS MONEY ON THE SWAMP OR RATHER CESSPOOL????
Also… Jeffy Bezos.. Daddy China Crap sales… put his Big Old Fulfillment Center in the Sky there to be close to that gravy train too.
And his newsletter to keep the Congress critters at bay..
That damn place is indicative of the disaster this country is… Government spending keeps the place at prices that Mr Bacon is whining about.
Here is what you can do sir… if you want to reduce the cost to your cesspool… Either cut federal spending or perhaps.. Move the Department of Agriculture to Arkansas/Iowa/Nebraska… Interior too. Move all those great GS 12-15 jobs to the flyover America.. they’d love to get some of that money and you would reduce the cost for the Swamp…
Or you could introduce price controls…