SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Residential Real Estate Crash Index
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: GraceZ who wrote (7081)11/27/2002 8:04:50 PM
From: Les H of 306849
 
Not only is the county facing cuts in state dollars, local revenues are slowing down and there are some drops being reported in the price of resale houses in the county's affluent Route 7 neighborhoods along the Potomac River corridor.

"There is some chance that home assessment may start to drop," said State Del. Richard Black (R-northeast Loudoun). "I'm more concerned about reductions in local revenues than I am the state reductions."

In addition, Bowers said there are major increases in "demands for our services, first and foremost due to growth. People are still coming in."

above excerpt is from article on Loudoun Country govt woes.

zwire.com

Loudoun Co is also building 5 new schools. The voters just approved a large bond referendum for financing the schools so they'll have to raise taxes to pay off the lenders. I think the cigarrette tax is one they're looking at raising 50 cents a pack as well as a hike in the property tax rate. Seems to be an influx of immigrants to also account for the school overcrowding, many from the Middle East and from Eastern Europe as well as the Latin America and Asian. A number of mosques seem to be going up in the area. Read a news story yesterday that 10 percent of the immigrants to the U.S. have arrived in the last two years; i.e., 3 million plus out of 33 million immigrants in total.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News