Submitted by boingochoingo t3_10w56s9 in RhodeIsland
Comments
boingochoingo OP t1_j7l2ded wrote
I hear ya...I don't know how people get into a house these days, with a high borrowing rate/ inflated prices.
huh_phd t1_j7l2t2k wrote
We're full. They should go to western Massachusetts. There's space there
nahrgs t1_j7l3id9 wrote
Remember when this was a thing?
https://www.wpri.com/news/politics/state-lawmaker-proposes-paying-people-to-move-to-rhode-island/
A global pandemic was definitely the easier route to attract people.
HotConcrete t1_j7l3o2v wrote
Our population has only increased by ~8% since 1990. There was a 0.3% estimated decrease in population last year. The housing prices have gone up for a number of reasons but a rapidly growing population isn’t it.
ghogan1010 t1_j7l3pxu wrote
You working with an agent?
MuckFike69420 t1_j7l4eod wrote
I'm working to save my pennies and find somewhere to put myself and my borderline poverty, aging parents. Have not done anything formal with an agent.
allhailthehale t1_j7l4f11 wrote
People move. It's a healthy thing to have new people coming into the state. RI's population is growing pretty slowly compared to many other states.
What's not great is when you have a lot of income disparity between people moving in and people who already lived here. But that's not really the fault of people who are just looking for a place to go. Rising housing costs are not unique to RI-- the housing issue is absolutely a nationwide one.
r0k0v t1_j7l700p wrote
Yeah I mean technically our housing market is ruined by out of state , but it isn’t because of people moving from Texas or Tennessee or the rest of the country. Most of the price increases in RI are a downstream effect of the housing costs in Mass and people moving to RI.
This is really more of a supply problem than a demand problem. If Mass wasn’t full of wealthy nimby suburbs located next to major cities/employment centers we wouldn’t have nearly as much of a problem in RI.
So I agree with you, but let’s be specific in pointing out that this is mostly Massachusetts’ fault. The same scale/change in price has been seen in Taunton, Fall River, Worcester, haverhill, and other old industrial cities because there is a massive mismatch between where employment is and where affordable housing is.
Sydthebarrett t1_j7l8oan wrote
Lol I left western mass 20 years ago for ri.
Uncle_Tony96 t1_j7l8sze wrote
Unpopular opinion according to the downvotes but I 100% agree with you. People will complain about the housing market but then in the same breath welcome all these people with open arms. I was born here, all my family and friends live here, and I’m fighting for my life just to stay here. Go back to wherever youre from please
Wide_Television_7074 t1_j7l8u5k wrote
Remember next time you see a housing development planned and you want to fight it…. we have a supply issue
NoRepresentative5593 t1_j7l9s7h wrote
My work connects me with new homeowners/residents and yes, they’re still coming. I see a lot of NY, NJ, CA and TX people moving in.
lagoongassoon t1_j7la5uv wrote
People working in Boston are getting priced out of living there, so Providence is the next logical move
ThatIs1TastyBurger t1_j7la66y wrote
You forgot to change your account…
MuckFike69420 t1_j7ladw5 wrote
Cowardly downvotes lads
MuckFike69420 t1_j7lap3v wrote
I'd agree with you but while most are from Mass, relatively wealthy people are flocking here in droves from all over and eating up housing where I live. Some are not buying but renting which is just as big of an issue. I met a new family from Texas and one from north Carolina that moved into my apartment building this past week.
Dabsforme77 t1_j7lb3y0 wrote
States full. Kindly turn back.
Unique-Public-8594 t1_j7lbrxc wrote
Might have been more effective but I wouldn’t call a pandemic “easier.”
WetNetBet t1_j7lc093 wrote
Coincel_pro t1_j7lc692 wrote
When are you giving your property to the Narragansett tribe?
huh_phd t1_j7lca4w wrote
I dont speak with incels
leavingthecold t1_j7lcxgf wrote
It seems like we are getting an influx of people from MA ,NY, and possibly CT but people from these further regions I am unsure how and why
boingochoingo OP t1_j7ld291 wrote
No I didn't
Sarcofaygo t1_j7lej5x wrote
So that's a no
huh_phd t1_j7len2b wrote
Yeah don't see how it's relevant
Lovelyone123- t1_j7lex93 wrote
You can say the say thing about CT. I moved from RI to CT. RI has beautiful beaches that could be part of the reason.
Coincel_pro t1_j7lf4nk wrote
The irony of telling out of staters to go elsewhere considering who the land we live on actually belonged to.
gradontripp t1_j7lf9u1 wrote
I’ve noticed what seems like a big uptick in the number of cars with NY plates driving around lately.
huh_phd t1_j7lfb4t wrote
Y'all cannot take a joke. Sorry for not providing an answer to a rhetorical question using the appropriate color crayons br0
fenix1230 t1_j7lfyjt wrote
If you look at other pages, people are moving elsewhere in general. And Rhode Island is so small, that when peolle ask, it seems like it’s a huge amount.
But look at Idaho, Arkansas, North Carolina, Texas, even Missouri and Oklahoma, there’s a lot of people asking.
Marzty t1_j7lgi3g wrote
When you ask a question like that you are going to get biased answers. Take a look at the data and think for yourself.
Theo_dore229 t1_j7lhidg wrote
Then who do you think you were responding to? Most people don’t respond to their own posts saying “I hear ya.” 😂
boingochoingo OP t1_j7lhpco wrote
Haha I was trying to respond to someone else.
LowTap1985 t1_j7lhx6u wrote
This. Rhode Islanders somehow think they are the epicenter of stuff like people migrating to the state and the housing/rental crisis probably exaggerates that shared consciousness. I am from southwest Florida and visited there during the holidays. Approximately 100 people move to Florida every day, and I’m not just talking about boomers. Covid changed lots of peoples decisions on where they want to live but Rhode Island is not growing much at all when it comes to the population. Anytime I fly into the state now it feels more like my sleepy Florida hometown and my hometown now feels like some mutated city.
miguelsanchez777 t1_j7lhzvt wrote
I’m from south texas and plan on moving here but not til I retired from my job
LEENIEBEENIE93 t1_j7lid6f wrote
hisses while gargling coffee milk STAY AWAY!
boulevardofdef t1_j7lixoo wrote
I don't think an increasing number of people relocating to RI is mutually exclusive with an overall decline in population, though. Higher-income people have been moving here during the pandemic because now they can. I was already here, but I'm part of this trend. In 2021 I took a Boston-area job I never would have considered two years earlier because I was only going to be expected to come into the office every other week or so. If I had to commute every day, no way. That job, in turn, enabled me to pay way more for a house than I would have been able to otherwise. RI is ideally situated for this kind of migration.
Meanwhile, as those people move in and housing costs balloon, people who can't get those sorts of jobs may be forced out, and in higher numbers than the people who are coming in. And that's not taking into account an aging population (we're the ninth-oldest state) and birth rates (we have the fifth lowest).
NoRepresentative5593 t1_j7ljwix wrote
I lived in CT for a few years, that state is w e i r d.
Lovelyone123- t1_j7lkbxe wrote
Coincel_pro t1_j7lkh4v wrote
You seem like a cheerful and fun person.
drewtee t1_j7ll77o wrote
Bigger companies are expanding and hiring like crazy. I work for a French-owned company with 80,000+ employees and our office in Quonset has had at least 20 people relocate here with their families the last few years. Not just from other states, but countries like Brazil and Mexico as well.
Reward_Antique t1_j7llky5 wrote
Buy now, if at all possible, Providence real estate is looking to rise again in 23 according to Forbes, it was a metro area thing, but I think nationals consider the whole state to be commuter reach to Providence.
huh_phd t1_j7lmk8x wrote
A ray of fucking sunshine
tcevan t1_j7lpd8l wrote
Prob going to get downvoted for this, but I moved back during the pandemic & I plan on leaving again.
I get what people love about this state (I grew up here after all), so I’m not going to bash it. It’s just not for me, at least for where I am in my life/career.
nbreadcrumb t1_j7lr8aw wrote
If the bitter people on this sub welcome the newbies instead of hate on them, we’d all be happier overall. Just sayin’
[deleted] t1_j7lrxsk wrote
[deleted]
RedmundJBeard t1_j7lseb3 wrote
I would if I could afford it.
WickedDog310 t1_j7luwj2 wrote
And Tennessee, I see at least 4 Tennessee plates a week, I don't think I'd seen more than one or two a year before 2021.
Evdoggydog15 t1_j7lvcf3 wrote
The new homeowners on my street are a guy from Philly and a family from India. There's deff a variety of people relocating here outside of the typical Boston transplant. Most others around me are older, grew up in RI or some even lived a few blocks away growing up.
N8710 t1_j7m1qe1 wrote
The new train station is Pawtucket is probably going to add to that too, especially if they decide to build more parking.
miguelsanchez777 t1_j7m3okj wrote
I already have a property in Smithfield so I’m ready to go but again my job won’t permit me to move at this moment
shortys7777 t1_j7m46d2 wrote
Cooler warmer.
Reward_Antique t1_j7m4vwl wrote
Oh excellent
Cash50911 t1_j7m66j9 wrote
It's not healthy if the people coming into the state are less skilled than the people leaving...
PrinceHomeless t1_j7m7obo wrote
Boston prices'll do that
MonicaPVD t1_j7m8fb4 wrote
RI is bleeding low income families and seniors, and receiving lots of younger professionals.
allhailthehale t1_j7mbiqv wrote
I don't really think that's the issue here. The whole reason that this is affecting the housing market is that highly paid professionals are moving in with more purchasing power than current residents.
Alternative-Bat-8453 t1_j7mcsji wrote
Where do you recommend?
AidenPearceWatchDogs t1_j7mdzx0 wrote
Unfortunately Providence is literally just a suburb of Boston for most people moving in looking for a commuter rail connected urban community. They’re not moving because of RI
Good-Expression-4433 t1_j7meovz wrote
Imagine it's a case of younger less wealthy people leaving, the elderly leaving or dying, and the population being replaced with younger professionals from other blue state metro areas for the lower, relative, COL and work from home while still living in a blue state.
It's still on a decline and RI almost lost a House seat because of it.
Llfeofjerm t1_j7meuk8 wrote
I hear this a lot but I also know a lot of people who have left or who are leaving so I feel like it sort of balancing out but I can see how you think that with how housing is especially in Providence.
tcevan t1_j7mfs1e wrote
Hard to say - I think it all depends on the whole “where you are” in life thing & I’m a single male in my late-20’s.
I think I’d appreciate RI more if I was settling down, but realistically I’d like to be back in a major US city where there’s a much better/bigger dating pool, activities, and professional opportunities while I’m still young.
Not to say RI doesn’t have those things, but having experienced them in other places, I can definitely attest that its different here & RI has more of a hometown vibe (if that makes sense?) lol
Good-Expression-4433 t1_j7mhlcs wrote
But that's not the issue. Younger and "lower skilled," and less wealthy, people are leaving the state for school, jobs, and being priced out of both renting and homebuying while younger professionals moving from MA, CT, and NY are forcing costs to go up further, increasing the income divide.
Proof-Variation7005 t1_j7mine5 wrote
Some people are relocating to RI. Others already live in RI. Beyond that, you've got some people who are relocating from RI. Some people even die, but there's also people being born pretty much every day.
Familiar_Ad1485 t1_j7mldhr wrote
I think you’re confusing Rhode Island with Florida
Familiar_Ad1485 t1_j7mljzf wrote
riped_plums123 t1_j7mlzjz wrote
More people are coming back with remote work being an option.
RickyRoma22 t1_j7mmo40 wrote
Those are rental cars lol
Alternative-Bat-8453 t1_j7mpcjh wrote
I’m also from Rhode Island and I lived in Philly for a bit before moving back. I loved it there!
theironthroneismine t1_j7mpuu9 wrote
I moved here from Florida in July but plan to leave this July
RI hasn’t really been my cup of tea although I do like parts of Mass
I think what you’re commenting on is a relatively small influx of young professionals- some of whom are commuting to Boston
bigolenate t1_j7mt56n wrote
And redo more of those mill buildings around
Gribblestix t1_j7mtudb wrote
I just read today in the Boston Globe that 24% of new RI residents are coming from MA. That’s huge.
bbpr120 t1_j7mtxv8 wrote
that's just crazy talk...
tcevan t1_j7mwkqz wrote
Such a great place - definitely dicey in some areas, but really awesome vibe, there’s something for everybody, and it’s so convenient to get around.
Also I’m loyal to my Patriots, but this weekend… go birds 🦅
nbreadcrumb t1_j7mx5zz wrote
I know. It could feel the crazy as my fingers typed the words.
crotalis t1_j7n3f4x wrote
Not sure about RI in particular, but it seems like a lot of people I know are moving to the NE generally. Californians, Texans, and Floridians are moving out for climate (water and wildfires in TX and Cali) and political reasons.
neveradullmomenteh t1_j7n60hn wrote
Fact-based info: I run a business here that has alot to do with new residences.
I can personally attest to the fact that lots of people have moved here in the last 2 years, from all over the country. I'm constantly amazed by how many people come from CA, TX, NY, NJ and the midwest. Also, over the last five years, there has been a constant stream of people moving here from Boston and surrounding areas. The main reason they say they relocated was cost of living has become crazy there. People who rent and work there are now ready to buy homes but can't afford to live there. RI has recently added transportation options for commuters, making us a viable option for Boston workers.
imuniqueaf t1_j7n9724 wrote
A lot of people might not know this, but if you own property in RI it literally costs money to leave. The state will change some silly ass percentage of you close on a property and you have an out of state address.
401jamin t1_j7n99nj wrote
I thought CT had an issue with an aging demographic?
Lovelyone123- t1_j7naesj wrote
Idk I live in a small town in the country.
401jamin t1_j7nb6l8 wrote
Thats pleasant. It always sounds odd hearing someone say CT and country but there is more rural areas than RI.
Status_Silver_5114 t1_j7nfs04 wrote
Show your work?
Ryfhoff t1_j7nsg2d wrote
Been over crowed IMO for years. It’s awful honestly.
OutrageousAside9949 t1_j7nt1zp wrote
It’s you….sorry
thentangler t1_j7ntcc8 wrote
Yeah, MA is just ridiculously expensive… but I can already see the price creep starting in RI
thentangler t1_j7ntf4v wrote
Have you felt the temperature the last few weeks?
thescimitar t1_j7o3no3 wrote
It would be interesting to know if there is data on housing availability in addition to the population numbers. For example, have the number of single family residences (homes, apartments, etc.) increased per capita over the years? Decreased?
Also - I'm not sure even how to measure it - what about dynamics where lower income home-owners/renters are displaced by higher income ones but the net population remains constant?
UsedCollection5830 t1_j7p6hmu wrote
😂😂😂😂😂😂 I said it ri the new Atlanta shit is weird out of all places
campmoreworryless t1_j7pc1ft wrote
When I moved to RI in 2017 it wasn’t really by choice. If you don’t make upwards of 200k a year and can afford a 600k+ home there’s really nothing attractive about living here.
Jroiiia423 t1_j7pcs5v wrote
Lots of people moving to Florida sounds terrible to me
brianv83 t1_j7pffjg wrote
http://webserver.rilin.state.ri.us/Statutes/TITLE44/44-30/44-30-71.3.HTM#:~:text=(a)%20In%20a%20sale%20of,of%20the%20total%20payment%20to ... I recently closed on a home in RI and this was brought up, apparently if you sell and are no longer a RI resident they charge you 6% of the sale.
Status_Silver_5114 t1_j7pg9sm wrote
So selling to move or had you already moved prior to sale? I mean just as I don’t shed a tear for non owner occupied landlords, I’d be hesitant to do so here as well tbh if you’re already somewhere else and it’s an investment like anything else. Do other states do this?
brianv83 t1_j7pigu8 wrote
Sold in Burrillville, bought in Scituate and was told if we weren't staying within the state we'd have to pay the 6% - family just sold a condo they owned in Smithfield as they retired to Nevada and had to pay the 6% ... no idea if other states do this
Status_Silver_5114 t1_j7pjq6j wrote
Isn’t that basically capital gains tax tho? Or at least some income tax (income Earned in the state)?
brianv83 t1_j7pkrz0 wrote
I don't know the tax code well enough but I believe that's a complete whole other thing at the federal level (not state) as it is the sale profit reported to the IRS and there are special rules regarding whether you owned it as a primary residence, how long you owned it, did you use the profit to purchase a new primary residence, etc. This was one of the things they asked at closing, how are you going to use the profit - for us it was for a down payment on a more expensive house with the rest going to renovations of our new primary residence which they said would basically render the capital gains moot.
fishythepete t1_j7pmsko wrote
You are completely misinterpreting this. Yes, 6% of the sale is withheld. Just like federal taxes are withheld when you get a paycheck. When you file your taxes, if you do not owe capital gains or other taxes, it will be refunded.
It’s meant to keep retirees from cashing out and leaving the state, skipping out on capital gains tax.
moreobviousthings t1_j7pv4eo wrote
I'm here less than 5 years, and I hiss with you.
vanlife22 t1_j7q63d9 wrote
Why though
mopar401 t1_j7qgfyf wrote
Some say the yugest
jules13131382 t1_j7qyn5l wrote
Haha my coworker just bought a house in Rhode Island. He works in Connecticut though.
cowperthwaite t1_j7uxc4q wrote
The census has housing numbers, but I always find it hard to navigate to compare years.
https://www.census.gov/quickfacts/fact/table/RI/HSG010221#HSG010221
It shouldn't be too hard to get 2020 numbers, both for cities and the whole state, as 2010s are somewhere out there.
https://www.documentcloud.org/documents/22416492-part_3_livable_neighborhoods#document/p6/a2149023
[deleted] t1_j86oj2p wrote
[deleted]
barsoapguy t1_j86pppr wrote
Gonna throw down a few more used fireballs then 😤
barsoapguy t1_j86q3bu wrote
I can’t imagine why anyone would leave TN unless they’re getting priced out, that place is HOT .
Nashville has to be the city I’ve had the most fun in for the last decade. Way better than Vegas. Wish I could afford a home there and I don’t even care for country music all that much lol
MuckFike69420 t1_j7l1u5w wrote
Yeah our housing market is ruined by people out of state. It sucks, every time I read a "relocating to RI tehehe" in this sub it makes me want to bash someone. All I want is to buy a damn home and stop wasting money renting.