I jumped into the car last night to do an errand, turned on the radio and heard the news, “10% drop in real estate sales in Massachusetts; lowest since 1991.” (A previous recession by the way.)
“Ugh,” I exclaimed. “That means more developers and desperate homeowners trying to get into Newburyport!”
You know the phenomenon. People fleeing Taxachussetts move into tax-free New Hampshire and the next thing you know, the very things they were fleeing from are now being imposed there. All the bad things they hated about Massachusetts, they now want imposed on New Hampshire. And that’s how they became a ‘blue’ state.
Things are looking bad for Suburbia – and just over the horizon are five awesome communities where it’s flowing milk and honey – and one of them is Newburyport.
John Lagoulis at his collection of book signings has loudly proclaimed a prophesy (which PortMedia has caught on tape) that Newburyport is poised for a very prosperous future and will be recognized (finally) and gain fame across the country.
AND THAT SCARES THE BAGEBERS OUT OF THE RESIDENTS.
Many are terrified that the tax burden will become so onerous that they will be forced to have to move. They’ve got a point – people with money buying top dollar to get into the City, if it happens on your street, can cause your taxes to rise as the general value is ‘averaged’. Picture a street full of struggling homeowners and then a millionaire moves in – it’s like the reverse of the 60’s where the term, “There goes the neighborhood.” came from due to a black family moving into a white neighborhood.
Of course, the ‘old timers’ who so love this City can’t seem to make a connection between saving their beloved Newburyport and the Local Historic District Ordinance. They agin’ it but it will be their salvation.
In spite of the cost of living, it’s still popular. ~Kathy Norris
If we impose a freeze on the natural desire to expand and enlarge for wealth, then we guarantee that Newburyport becomes a place for affordable living. Sure, the cost of living will still end up being high (We are still in Taxachussetts) but the stability of housing prices will encourage investments and it will encourage the very thing that draws people here.
The rich love their expensive living and their expansive housing and after the Big Mansions are used up, they’ll not want to live in a tiny fisherman’s house or the home of the former workmen who built the great clipper ships. Unable to sit in utter wealth, eating their caviar and nibbling on their truffles, they’ll go elsewhere where they CAN build their McMansions – you know, like Plum Island.
John Lagoulis’ prophesy will be a bright one for most of us (instead of a privileged few) if we pass the Local Historic District Ordinance.