Posted on 03/07/2017 8:24:26 AM PST by SeekAndFind
“A related thread stated more people would leave, but due to falling housing values, they can’t get out from under their mortgages. Sounds like implosion to me.”
And what will eventually happen as people go further under water is that they will simply take what they have, toss the keys through their lender’s door, and move on. RATs continue to think that they can defy financial gravity while they curry favor with their public employees and their unions. Looks like that the “financial can” in CT is so badly bent up that they can’t kick it down the road much further.
Two Words: NO BAILOUT!
Being from the State of Connecticut I have seen NO reason to believe Connecticuts economic situation is going to change without a vast political change.
Most of the suburbs and rural towns are very conservative but the major cities are loaded with parasites and they tend to wash out our votes.
Maybe if the cities find out there is no more money for their boondoggles they’ll start voting Republican for a change.
That’s the only way we’re going to get out of this mess we’re in.
Also add in the Estate and Inheritance Taxes and it is a real PARTY. We own a couple of non-portable businesses and can’t leave this money pit. I fear we will be the last taxpayers standing here.
their houses are in the $500,00 range
We should let the Blue States die of their own “progressive” disease. It would make the point even to the dense young “skulls full of mush” at the universities when they would have to close because the politicians have run out of Other People’s Money.
I'm hoping that Republicans make inroads here and turn the situation around. I'd happily move away but my other options (if I want to keep my current job) is NY and NJ.
At some point, it will swing back. However, given how firmly it is stuck, it will likely take a political, economic, or natural catastrophe to jar it loose.
A scandal or disaster that incontrovertibly exposes both the incompetence and the moral and ethical bankruptcy of the Democrat Party and its politicians to California voters.
STOP WITH THIS “RED/BLUE” STUFF
Democrats USED TO BE Commie Red, until AlGore.
I have family/friends in Maine. We go up there to visit on occasion.
I fuel up at the eastern PA line before NY, then stay on the interstate and don’t stop for anything....Not fuel, food, lodging, nothing...not even to pee until I get the southern ME line. Then, I fuel back up, pee, get me some Moxie & Humpty Dumpty BBQ potato chips and I’m good to go the rest of the way. I have to go thru NY, CT and MA....none of em get a penny of my money, except for toll roads. Same thing on the way back.
I live here and I hate it. I make a good income, but if I moved and made the same income, I would be able to live like a king.
In this state, I don’t even consider buying a new vehicle or boat, because I don’t want the tax hit.
I don’t understand how home prices are so high here, they take forever to sell, in the past severak years at a huge loss.
RE: I don’t understand how home prices are so high here, they take forever to sell, in the past severak years at a huge loss.
Depends on the area of CT where you live. I think Greenwich, Stamford, Danbury ( those places where people commute to NYC to work ) is the one that PULLS the average prices in the state up.
The further you are from these communities, the cheaper ( but more difficult to sell ) they become.
My single family house in Colchester is 300,000. It would be 180k in many many other states.
Is a CT GOP any better than the CT democrat party, or just a timed-release version of the same ruin?
That was back when news was real news, such that it may be, and reported as such.
RE: Is a CT GOP any better than the CT democrat party, or just a timed-release version of the same ruin?
Look what the Republican Congress is proposing to replace Obamacare and you know the answer to the question.
Then e governor talked to Hillary who told her, “don’t sell the silverware, take it with you when you leave.”
However, it is not in the best interests of the party in rule, nor the willing and contributory accomplices in the media, as well as the three top state paid unions, do expose such.
Nor is it in the interests of the literal millions of illegal aliens do so, hence, it will be a while.
I am afraid Pelosi's neighborhood will first freeze over.
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