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Old 03-17-2005, 10:45 AM
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fabsroman fabsroman is offline
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Join Date: Nov 2001
Location: Maryland
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VAShadow,

I know almost exactly where you live. I was looking at some of the new homes being built in Gainesville, VA because my fiance works at the Target pharmacy out there. Decided against buying out there because my clients wouldn't like to make the drive out to Virginia since they are mostly from Montgomery County. However, the same house in Gainesville was going for $480,000 whereas the same house here was $700,000. Makes a person think twice.

As far as there being no development in Northern Virginia, it would take an act of God to stop it. The money that is flowing in from the developing is insane. The home prices are escalating so the counties and states are getting more income in real estate taxes. I listen to 92.5, a Winchester, VA station which I love. Actually heard an ad for Smith & Wesson and a gun shop on that station. Almost fell over. Then this morning I heard an ad for a hunters safety course being held in VA. Almost fell over again. Anyway, the radio station said that the escalating home prices were going to bring in an additional 3 million in property tax revenue. The construciton is not going to stop along the eastern sea board for quite a while.

Now, is the population increase the result of immigration, people living longer, or couples having more than 2 kids each? Probably a combination of the above.
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