Posted by Staff Writer on 11/4/2019 to
Real Estate
IncSmart Connecticut (Small Business and Startups) - Connecticut property values crash in 2019. Connecticut is suffering a sever housing price decline, especially for high end real estate. Owners are selling homes from far less than what they purchased 10 years ago. Connecticut's foreclosure rate is well above the national average, and the place to live between New York City and Boston is tainted as a failure.
Greenwich has always been the symbol for American affluence and wealth. Greenwich has been especially hard hit, despite the growing Trump economy. People are leaving Connecticut by the droves for tax free states such as Florida. The medium home price in Greenwich has dropped almost 17%d to 25% as the wealthy move away. Government taxes are way down, forcing another tax increase on the wealthy despite the fact that only a small number of residents fund the entire state government.
IncSmart Staff Writer
Starting a Business in Connecticut
For 10 years, IncSmart.biz Business Services has helped companies and people from all over the world form Connecticut Corporations and Connecticut Limited Liability Companies. When you call, email, text, message or live chat with our office, expect personal attention. Small business is the heart of IncSmart.
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