[BobNJ1960]

Press is not a problem. Reality is our business ranking stinks. Lamont should be at many CBIA meetings, many chamber of commerce meetings as strictly a listener to absorb what is driving Ct business' away.

[cttransplant85]

Originally Posted by BobNJ1960

Press is not a problem. Reality is our business ranking stinks. Lamont should be at many CBIA meetings, many chamber of commerce meetings as strictly a listener to absorb what is driving Ct business' away.

Lamont should go to a CT Realtors Association meeting and listen to their concerns. They have been sounding the alarm for years now. I had a realtor friend who recently committed suicide, in part because of financial problems. The industry has been decimated, during a time at which the United States at large has a housing shortage problem. Meanwhile realtors in Florida can’t even keep up with demand, some are even turning down clients. Lamont is a private sector guy he knows the deal.

[GeoffD]

Originally Posted by cttransplant85

Lamont should go to a CT Realtors Association meeting and listen to their concerns. They have been sounding the alarm for years now. I had a realtor friend who recently committed suicide, in part because of financial problems. The industry has been decimated, during a time at which the United States at large has a housing shortage problem. Meanwhile realtors in Florida can’t even keep up with demand, some are even turning down clients. Lamont is a private sector guy he knows the deal.

This is nonsense. Realtors make their huge commission money no matter what a property sells for. If it’s priced wrong, it won’t sell and there’s no pile of commission money. If a potential seller is in dreamland about asking price, don’t sign the contract.

[CTartist]

Originally Posted by urbanmyth

Oh My God! Connecticut ISN'T the WORST? Wait, the Republicans tell you it's the worst place on the planet. Everyone is leaving. The economy is collapsing. All this, of course, until THEY are in power.

https://www.cnbc.com/2019/07/10/amer...ness-2019.html

Don't care if your kids can't read? Move to Georgia.

Die of contaminated water? Move to Oklahoma.

Don't care if you have to drive 150 miles to find a job? Move to Wyoming.

All low tax, low regulation states.

North Carolina is currently run by a Democrat. Except for 10 years in the last 60, North Carolina has been run by Democrats. People are flocking to North Carolina. Corporations are moving there in droves. If it were Connecticut, the Hartford Courant and local radio would be whining that North Carolina was failing.

I say that entire list is BS and we are higher than that. Didn't anyone dig into the methodology of the list.

I knew that list was BS when they ranked CT 8th for educated workforce. We are the third most educated workforce according to this list and I remember we are always near the top on that metric in all the lists I have seen.

#1 Massachusetts
#2 Maryland
#3 Connecticut
https://www.cnbc.com/2018/09/24/the-...n-america.html

Quality of life 20?
This list has us at #3 for this too. We have some of the best healthcare, highest mortality rates, high education rates and lowest poverty rates. Most states don't come close.
https://www.usatoday.com/picture-gal...ked/1901557002

And BTW how can our economy be that bad if CT has the highest per capita income in the country? This list has us at #43.

#1 for per capita income: Connecticut
https://www.statista.com/statistics/...ersonal-income

Is CT business friendly...hell no. But don't make our state look worse than it is and that is what a lot of thee lists do.

As some people say that list above IMO is "clickbate" for it's failed methodology for having CT so low in some of these metrics.

[Stylo]

Originally Posted by cttransplant85

Lamont should go to a CT Realtors Association meeting and listen to their concerns. They have been sounding the alarm for years now. I had a realtor friend who recently committed suicide, in part because of financial problems. The industry has been decimated, during a time at which the United States at large has a housing shortage problem. Meanwhile realtors in Florida can’t even keep up with demand, some are even turning down clients. Lamont is a private sector guy he knows the deal.

Realtors in my town have been making a killing from what I’ve heard. Ours had her best year last year in over 10 years.

It might be very different in other parts of the state but not here.

[CTartist]

Originally Posted by Stylo

Realtors in my town have been making a killing from what I’ve heard. Ours had her best year last year in over 10 years.

It might be very different in other parts of the state but not here.

That makes sense if you are in Milford which I seem to remember you are. Homes in my neighborhood are going like hotcakes too. They sell fast.

I was talking to a realtor (who covers parts of Fairfield and New Haven counties) and he was saying that the homes in the higher ranges $500,000 to $600,000+ are a harder sell. The homes in the $300,000 to $400,000 and starter homes are selling like hotcakes.

In my area of Long Hill Trumbull the houses are about $400,000 and City-Data has Milford at $309,000.

OH BTW this realtor did say that GE moving did greatly affect the home sales in the $500,000 to $600,000 range in Trumbull, Easton, Monroe etc.

[Lincolnian]

Originally Posted by Stylo

Realtors in my town have been making a killing from what I’ve heard. Ours had her best year last year in over 10 years.

It might be very different in other parts of the state but not here.

There's a wide amount of variation and a shift in buying habits. In the Hartford area places like Avon, Simsbury and Granby have seen price declines while towns closer in to the Hartford area have seen increases if they are priced under $300,000 or so. Younger buyers, single professionals and retirees are looking for more affordable homes and there are fewer buyers for larger, more expensive homes further out in the suburbs. I definitely believe that the perception of SALT has definitely affected real estate decisions regardless of whether or not the person is actually paying more in federal taxes. Many people are angry that they cannot deduct the huge amounts of state income and property taxes they pay and in essence feel they are being double taxed. They realize that if they can reduce their property taxes and/or income taxes they will have more money in their pocket. If they can do that while continuing to live in Connecticut it's a win.

It is interesting to me that many of the people I know who complain the most about Connecticut have some of the highest incomes. Having known many of these people my entire life it is unlikely that many would have ever experienced the type of opportunities they had enjoyed if they had started out their career in one of the current hot areas people are moving to as those areas had little going on at the time. Economic opportunities are skill-specific and people, especially young people starting out, need to move to where the best opportunities are for their career. For many, especially engineers, Connecticut is one of those places.

[JimG2]

Somebody here likes to tout CTs low percieved unemployment rate. If that is the case I should have no problem getting a job. Can't even get an interview. Several years. Just can't get the other half to agree to move out

[JayCT]

Originally Posted by CTartist

I say that entire list is BS and we are higher than that. Didn't anyone dig into the methodology of the list.

I knew that list was BS when they ranked CT 8th for educated workforce. We are the third most educated workforce according to this list and I remember we are always near the top on that metric in all the lists I have seen.

#1 Massachusetts
#2 Maryland
#3 Connecticut
https://www.cnbc.com/2018/09/24/the-...n-america.html

Quality of life 20?
This list has us at #3 for this too. We have some of the best healthcare, highest mortality rates, high education rates and lowest poverty rates. Most states don't come close.
https://www.usatoday.com/picture-gal...ked/1901557002

And BTW how can our economy be that bad if CT has the highest per capita income in the country? This list has us at #43.

#1 for per capita income: Connecticut
https://www.statista.com/statistics/...ersonal-income

Is CT business friendly...hell no. But don't make our state look worse than it is and that is what a lot of thee lists do.

As some people say that list above IMO is "clickbate" for it's failed methodology for having CT so low in some of these metrics.

I agree. You bring up many very good points. I saw the education ranking and thought it looked off. As did the quality of living. Jay

[JayCT]

Originally Posted by CTartist

That makes sense if you are in Milford which I seem to remember you are. Homes in my neighborhood are going like hotcakes too. They sell fast.

I was talking to a realtor (who covers parts of Fairfield and New Haven counties) and he was saying that the homes in the higher ranges $500,000 to $600,000+ are a harder sell. The homes in the $300,000 to $400,000 and starter homes are selling like hotcakes.

In my area of Long Hill Trumbull the houses are about $400,000 and City-Data has Milford at $309,000.

OH BTW this realtor did say that GE moving did greatly affect the home sales in the $500,000 to $600,000 range in Trumbull, Easton, Monroe etc.

This is the first I heard anyone say that GE’s move affected real estate. An agent in Fairfield that I know said it hardly affected them. Guess it depends on the town. Jay