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Reply to "Is there a reason real estate has appreciated so much more in VA than MD and DC?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Yes. Taxes. VA has a Republican governor, and MD has a Democratic one. MoCo is a sanctuary county and as a result attracts low skilled immigrants who hold menial jobs and don't pay taxes. I grew up in MD, but live in VA now. The state taxes are about 50% lower in VA than they are in MD and for what? Your schools are mediocre at best and you don't have a strong in state university system. [b]Virginia has been able to attract many, many more jobs than Maryland has. Naturally, people want to live near where they work. [/b]Companies don't want to go to MD, they want to go to VA. [/quote] This generally helps the entire DMV close-in area, not a specific state. Plenty of people as an example choose to live in Bethesda BECAUSE they have a job in Tysons since it's a quick jump over the bridge on 495 and a quicker commute than many VA suburbs. Similarly, a person that lives in Frederick is actually more likely to pick a job in Loudon over Rockville because it's quicker to shoot over the bridge when you factor in rush hour traffic. [/quote] Yeah right a quick jump over the bridge. Sure. 495 is backed up constantly from 123 to the bridge thanks to that stupid hot lane. [/quote] It's no different trying to drive in from various VA locations, and if you don't have to be there during prime rush hour/5 days per week, it's a very quick drive. The only point is that most folks don't care that much about the state in which they reside and the state of their employer...and the DMV is unique that 2 states and DC are all very close to many different employers.[/quote]
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