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Why Can’t Our Economy Catch Up With the Rest of the Country?

Why Can’t Our Economy Catch Up With the Rest of the Country?

September 28, 2017 by Andy Sachs Leave a Comment

https://www.youtube.com/embed/HZa6AWZ3Qp8 Our state’s economy hasn’t been recovering like the rest of the country due to three main reasons: government, infrastructure, and business flight. Selling your home? Get a home value report here Looking to buy a home? Search all local homes for sale here  
Our state’s economy hasn’t been recovering like the rest of the country due to three main reasons: government, infrastructure, and business flight.

Selling your home? Get a home value report here
Looking to buy a home? Search all local homes for sale here
 

Why isn’t Connecticut’s economy recovering like the rest of the country?

The bottom line boils down to three factors: government, infrastructure, and business flight.

As far as government goes, we don’t have the necessary leadership installed. Granted, I’m not a big political guy and I’m not trying to take sides, but the proof is in the pudding—as taxes go up, services go down.

“    

 With a weak infrastructure, you won’t be able to attract businesses.

”

 

Our infrastructure is weak, and with a weak infrastructure, you won’t be able to attract businesses. On the opposite end of the spectrum, businesses keep leaving.

Lastly, we don’t have the businesses to attract young buyers to come in and buy up more inventory. Our inventory is aging, meaning the homes themselves are physically getting older, and we don’t have a lot of new construction for people to be attracted to.

If you have any questions about our market or you’re thinking about buying or selling a home, don’t hesitate to give me a call or send me an email. I’d be happy to help you.

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