Submitted by gewehr44 t3_10m6iv9 in Connecticut
yudkib t1_j63u87j wrote
Reply to comment by Kolzig33189 in CT lost thousands of people to other states last year, Census Bureau says by gewehr44
There are a lot of articles saying on aggregate income level / job availability / housing prices that Hartford and New Haven are two of the best cities in the entire country for affordability. Predicting another 5-10% increase for 2023. In my opinion, it’s very unlikely housing prices will see a significant retreat up here until build costs go down and interest rates lower. Right now retirees aren’t moving south because they can’t get a bigger house for less money or a lower monthly with a higher fixed income. One or two of those might be true right now, but in 2019 it was all 4. Until people start leaving, limited inventory and historically “high” prices are here to stay.
Viewing a single comment thread. View all comments