Hordes Of Newcomers Driving Up Mountain West Housing Costs? There's More To The Story.
In 2020, the press was filled with stories about droves of wealthy out-of-staters fleeing cities and the pandemic and moving to the Mountain West. Two new
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In 2020, the press was filled with stories about droves of wealthy out-of-staters fleeing cities and the pandemic and moving to the Mountain West. Two new
Getty Images In 2020, the press was filled with stories about droves of wealthy out-of-staters fleeing cities and the pandemic and moving to the Mountain West. Two new reports complicate that narrative. U.S. Postal Service data analyzed by the real estate investment firm CBRE shows that more than a million people moved away from big cities such as San Francisco, Los Angeles and New York City last year. But most migrated to nearby suburbs and cities such as Sacramento or to sunbelt destinations such as Austin, Texas. Overall, there wasn't a huge spike in new people moving to the Mountain Wes...
Originally published on April 27, 2021 3:37 pm In 2020, the press was filled with stories about droves of wealthy out-of-staters fleeing cities and the pandemic and moving to the Mountain West. Two new reports complicate that narrative. U.S. Postal Service data analyzed by the real estate investment firm CBRE shows that more than a million people moved away from big cities such as San Francisco, Los Angeles and New York City last year. But most migrated to nearby suburbs and cities such as Sacramento or to sunbelt destinations such as Austin, Texas. Overall, there wasn't a huge spike in n...
Getty Images In 2020, the press was filled with stories about droves of wealthy out-of-staters fleeing cities and the pandemic and moving to the Mountain West. Two new reports complicate that narrative. U.S. Postal Service data analyzed by the real estate investment firm CBRE shows that more than a million people moved away from big cities such as San Francisco, Los Angeles and New York City last year. But most migrated to nearby suburbs and cities such as Sacramento or to sunbelt destinations such as Austin, Texas. Overall, there wasn't a huge spike in new people moving to the Mountain Wes...
2:56 The detailed number for the borough budget is $173,496,346. And will require taxpayers to pay $13.799 for every $100,000 in value of their property. That mill rate is just under 1% less (down .092 mills) from last year. Ward says he was able to check several boxes with the spending plan, including keeping it $6,594,684 under the voter approved tax revenue cap, and he put 10% of tax revenue, $12,006,660, in the Capital Improvement and Maintenance Reserve. The biggest expense in the budget is the contribution to the school district, and there is no change from last year. He also balanced...