Reply to New MOCo Planning report released

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[quote=Anonymous][quote=Anonymous]MoCo is primarily a residential county.[b] The only employer is basically the county government, 1-2 agencies and a few pharma sales places. The schools are no longer draw and the only thing that makes MoCo attractive is that it the houses are so much cheaper than DC and VA[/b].

If marginal taxes rise substantially on HH making over 150K, then the affordability factor goes away. The additional tax burden negates the lower house cost. Now the costs of moving to MoCo is about the same as VA except in VA more of that money goes toward an assett that you own while in MoCo more of the money goes into the county. Plus as the housing appreciation in DC and VA is far healthier, you'll make more over time on house asset in VA. In addition, if you were looking to live in a nice area of MoCo, it unlikely that any of those extra tax dollars will go toward your nearby area.

With a big bubble of boomers about to go into retirement and start selling houses. this certainly is not a good time to make MoCo even less desirable than it already is to new residents. [/quote]

The bolded statement is false, and I'm not even a MOCO resident.[/quote]

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