[FreedomPoster]

People are escaping the ruinous taxation of CT, and high-end home prices reflect this?

This is only surprising to morons with no clue about supply and demand and the long-term effects of Leftist policy.

[ProtectOurFreedom]

Trump ending SALT deductibility is contributing to the loss of real estate market value in states with high state and local taxes.

[PGR88]

What are the property taxes on that thing? $100K per year? $200K per year?

[Excuse_My_Bellicosity]

Yep. Whenever the libs get control of a market, the result is obvious:

[Grampa Dave]

People are escaping the ruinous taxation of CT, and high-end home prices reflect this reality.

You posted the reality: This is only surprising to morons with no clue about supply and demand and the long-term effects of Leftist policy.

[Gay State Conservative]

This is only surprising to morons with no clue about supply and demand and the long-term effects of Leftist policy.

There are several important things that draw the very rich to Fairfield County,CT. 1) an easy commute to Manhattan (by train at least) and 2) much lower total taxes (income tax,property taxes,etc) than residents of NY and NJ pay.

They do pay much higher taxes than most of America pays (except,perhaps,Kalifornia) but compared to most residents of the "Tri State" region they're way ahead.