Submitted by hunny_bun_24 t3_11ykh4y in vermont
Necessary_Cat_4801 t1_jdd1by6 wrote
Reply to comment by headgasketidiot in Vermont should have a 4 day work week by hunny_bun_24
Something is off. Home prices are increasing at rates never seen before and I've never seen a viable explanation other than people moving here during the pandemic.
What other explanation is there for the largest increase since records starting being kept?
headgasketidiot t1_jdd7d4g wrote
Home prices are through the roof all over the world, not just in Vermont. There are exceptions, but in general, home prices are up. They're up in places that are building a lot or not at all. They're up in places with a lot of regulation and less regulation, in warm climates and cold climates, in cities and rural towns. They're up in Canada, Europe, Africa, and Oceania.
Something is off, but it's not the census numbers. It's way bigger than out of staters moving to Vermont, which, again, is not happening.
Necessary_Cat_4801 t1_jde1qe4 wrote
"It's way bigger than out of staters moving to Vermont, which, again, is not happening."
That's just silly. Anyone with eyes can see that is happening. I can't pretend that the town I live in is not full of out of state plates. The most recent batch of arrivals is from Texas, oddly enough. All of a sudden tons of Texas plates around. I'm going to believe my eyes and the digger (and every other local media outlet) over people who seem to have a vested interest in pretending that increased demand during and after the pandemic hasn't affected housing prices.
From the Globe: "But the pandemic brought a countervailing force. Maine, Vermont and New Hampshire have seen an uptick in new residents arriving from other states, more than 50,000 across the three states since April 2020, even as other Northeastern states — and especially large metro areas — have experienced a surge in out-migration."
But yeah, let's pretend no one is moving here because that is preferable, for reasons I don't understand.
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