Wealthy people are coming to Vermont for refuge. They are turning seasonal homes into permanent homes, buying homes, expanding homes, and building new ones. After years of trying everything to stem the net exodus of tax-paying people including bribes to get people to move here or work from here, Covid is doing what we couldn’t do on our own and may help save the state and education budgets from a spiral of decline.
Realtors are working flat out. So are electricians, carpenters, plumbers and everyone else needed to add a work -from-home room or change one person’s dream house into someone else’s dream. Home prices are going up rapidly. The importance of a good Internet connection is even greater than it was before. These aren’t retired people; they intend to work safely from here.
We’re entitled to pat ourselves on the back to some extent although other resort areas are experiencing similar immigration. The fact that we’re so far (cross your fingers) the safest state in which to shelter from Covid helps. Many of these newcomers already know and are well-disposed to Vermont because they have vacationed here. A month of demonstrations around City Hall in Burlington is nothing like what’s been happening in real cities.
The benefits and costs