Anonymous wrote:Anonymous wrote:Anonymous wrote:If the high income earners are "fleeing" MoCo, why are there so many $1mil+ condo/TH opening up hear me in MoCo. Who the heck is buying up these expensive homes?
They are fleeing:
https://harpswellstrategies.com/wp-content/uploads/2021/06/Post-Pandemic-Economic-Leadership-for-Montgomery-County.pdf
Montgomery County failed to capture its pre-2007 share of regional job growth, leading to a cumulative impact of more than 14,000 high quality jobs in key industry sectors that chose to locate elsewhere in the region.
From the 1st quarter of 2016 through the 3rd quarter of 2020 (most recent data available), Fairfax County gained more jobs and gained jobs at a faster rate than Montgomery County in the research and development in the physical, engineering, and life sciences industry.
Montgomery County actually lost private business establishments from 2007 to 2019, while in the rest of Maryland the number of private establishments increased by 6.9%. During that period, private establishments in Fairfax County increased by 12.5%, in the District of Columbia private establishments increased by 21.6%, and in Arlington County private establishments increased by 21.9%.
Montgomery County’s neighbors are offering large incentives to employers on the move and to spur development. For example, Virginia offered Microsoft $22.5 million to move 1,500 jobs to Reston ($15,000 per job). This is well above the recent Montgomery County/State of Maryland combined award of approximately $11,700 per job. Given that businesses in Maryland must also overcome significant structural disadvantages (e.g., local piggyback income tax, higher corporate taxes, etc.), these awards are well below the level that would be necessary to incentivize a business to choose a Montgomery County location rather than a comparable location in Northern Virginia.
MoCo is already losing to other parts of Maryland itself. PG is now creating more jobs than MoCo. Look, if you are going to have high crime and crappy schools, then at least drop the taxes. Of course that doesn't happen in MoCo.
I see you have reading comprehension issues. I'll repeat:
If the high income earners are "fleeing" MoCo, why are there so many $1mil+ condo/TH opening up near me in MoCo. Who the heck is buying up these expensive homes? I wfh, and every so often when I go run an errand I see all these new builds everywhere. It's crazy. Developers aren't building these expensive homes out of the goodness of their hearts. These are pretty expensive TH and condos.
So, again, if UMC people are "fleeing" MoCo, why are there so many new builds of expensive homes?
Anonymous wrote:Anonymous wrote:If the high income earners are "fleeing" MoCo, why are there so many $1mil+ condo/TH opening up hear me in MoCo. Who the heck is buying up these expensive homes?
They are fleeing:
https://harpswellstrategies.com/wp-content/uploads/2021/06/Post-Pandemic-Economic-Leadership-for-Montgomery-County.pdf
Montgomery County failed to capture its pre-2007 share of regional job growth, leading to a cumulative impact of more than 14,000 high quality jobs in key industry sectors that chose to locate elsewhere in the region.
From the 1st quarter of 2016 through the 3rd quarter of 2020 (most recent data available), Fairfax County gained more jobs and gained jobs at a faster rate than Montgomery County in the research and development in the physical, engineering, and life sciences industry.
Montgomery County actually lost private business establishments from 2007 to 2019, while in the rest of Maryland the number of private establishments increased by 6.9%. During that period, private establishments in Fairfax County increased by 12.5%, in the District of Columbia private establishments increased by 21.6%, and in Arlington County private establishments increased by 21.9%.
Montgomery County’s neighbors are offering large incentives to employers on the move and to spur development. For example, Virginia offered Microsoft $22.5 million to move 1,500 jobs to Reston ($15,000 per job). This is well above the recent Montgomery County/State of Maryland combined award of approximately $11,700 per job. Given that businesses in Maryland must also overcome significant structural disadvantages (e.g., local piggyback income tax, higher corporate taxes, etc.), these awards are well below the level that would be necessary to incentivize a business to choose a Montgomery County location rather than a comparable location in Northern Virginia.
MoCo is already losing to other parts of Maryland itself. PG is now creating more jobs than MoCo. Look, if you are going to have high crime and crappy schools, then at least drop the taxes. Of course that doesn't happen in MoCo.
Anonymous wrote:If the high income earners are "fleeing" MoCo, why are there so many $1mil+ condo/TH opening up hear me in MoCo. Who the heck is buying up these expensive homes?
Montgomery County failed to capture its pre-2007 share of regional job growth, leading to a cumulative impact of more than 14,000 high quality jobs in key industry sectors that chose to locate elsewhere in the region.
From the 1st quarter of 2016 through the 3rd quarter of 2020 (most recent data available), Fairfax County gained more jobs and gained jobs at a faster rate than Montgomery County in the research and development in the physical, engineering, and life sciences industry.
Montgomery County actually lost private business establishments from 2007 to 2019, while in the rest of Maryland the number of private establishments increased by 6.9%. During that period, private establishments in Fairfax County increased by 12.5%, in the District of Columbia private establishments increased by 21.6%, and in Arlington County private establishments increased by 21.9%.
Montgomery County’s neighbors are offering large incentives to employers on the move and to spur development. For example, Virginia offered Microsoft $22.5 million to move 1,500 jobs to Reston ($15,000 per job). This is well above the recent Montgomery County/State of Maryland combined award of approximately $11,700 per job. Given that businesses in Maryland must also overcome significant structural disadvantages (e.g., local piggyback income tax, higher corporate taxes, etc.), these awards are well below the level that would be necessary to incentivize a business to choose a Montgomery County location rather than a comparable location in Northern Virginia.
Anonymous wrote:Anonymous wrote:Where would you consider moving to in this region if you are very disturbed and scared of local progressive taking over your local govt? I am extremely troubled by the developments in MoCo. Businesses and jobs are fleeing and/or not even considering MoCo anymore. Crime is rising because of the progressive criminal justice reforms. I fear that crime will continue to rise, school quality will get worse, and as the tax base heads for the doors the county's progressives' only solutions ever will be to try to raise taxes on residents to stop the bleeding in terms of the budget as revenues will inevitably decline. Where would you go to escape this same fiasco for replaying over again if you were considering relocating? It is basically impossible to push back with common sense legislation, ideas, and candidates. The county is so far gone in terms of one-sided echo chamber rule that I think there is no more hope left of ever saving this sinking ship. Terrified of all of these progressives and how much they threaten the equity we have vested in our home as well. Their other initiative is basically to ruin all SFHs via Thrive MoCo 2050. What a disaster in the works. Where can we go to transfer the equity of our home and save ourselves from likely huge tax increases to fund their agendas?
You are terrified? Of what? Humanity?
Please, take the next train, plane, or automobile (or auto train!) to Florida. ASAP. They are waiting for you.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Frederick Maryland is nice
Please don't come to Frederick. We are very progressive here.
That’s funny.
Anonymous wrote:Anonymous wrote:Frederick Maryland is nice
Please don't come to Frederick. We are very progressive here.
Anonymous wrote:Where would you consider moving to in this region if you are very disturbed and scared of local progressive taking over your local govt? I am extremely troubled by the developments in MoCo. Businesses and jobs are fleeing and/or not even considering MoCo anymore. Crime is rising because of the progressive criminal justice reforms. I fear that crime will continue to rise, school quality will get worse, and as the tax base heads for the doors the county's progressives' only solutions ever will be to try to raise taxes on residents to stop the bleeding in terms of the budget as revenues will inevitably decline. Where would you go to escape this same fiasco for replaying over again if you were considering relocating? It is basically impossible to push back with common sense legislation, ideas, and candidates. The county is so far gone in terms of one-sided echo chamber rule that I think there is no more hope left of ever saving this sinking ship. Terrified of all of these progressives and how much they threaten the equity we have vested in our home as well. Their other initiative is basically to ruin all SFHs via Thrive MoCo 2050. What a disaster in the works. Where can we go to transfer the equity of our home and save ourselves from likely huge tax increases to fund their agendas?
Anonymous wrote:Anonymous wrote:Frederick Maryland is nice
Please don't come to Frederick. We are very progressive here.
mAnonymous wrote:Anonymous wrote:I’ve heard Tanger Island is a great haven for special snowflakes who don’t believe in climate change. It may be underwater soon but you should take your chances!
There's being concerned about climate change, but then there is being a completely nanny state...like telling people what they can and cannot do in terms of things like cooking with gas stoves, which MoCo progressives want to completely ban. Any semblance of common sense and moderation has been lost in MoCo. It's also extremely racist to tell people they cannot cook with gas, as that assumes everyone typically cooks in a western, European style of cooking, which is, ironically, nothing more than ethnocentrism. So much progress will end up killing the county.