Why is Vermont expensive if it is mostly rural and sparsely populated?
- linkus86Lv 74 months agoFavorite Answer
This falls under supply and demand just like other places. But in Vermont, the available land for residential living is greatly reduced by the Green Mountains range that encompasses a large part of the state, making it unsuitable for larger cities to exist there.
- ioerrLv 74 months ago
i would say it's because a lot of rich people generally prefer to live there
with their relatively high purchasing power, they drive up the costs of certain commodities and services for everybody else in the area.
the costs of commodities and services in particular like.... housing... medical care... university education... are a lot more prone to be driven dramatically higher, by the demands of rich people, than various other, less vital ones, like fast food and those cheap little foam rubber balls you squeeze in your hand to try and stave off strokes and high blood pressure from the stress of your soul killing grind of a thankless, low paid desk job, in whatever random, kafkaesque corporate bureaucracy you manage to scrape the bare minimum required to keep yourself from freezing and starving, as long as you don't insist on actually getting sick, living in a house, or getting an education. not that i'd know anything about that.
but anyway, what with this "increasing disparity in the distribution of wealth across social classes" i hear has been going on around here, since about, oh, 1979, i don't think it's too surprising that you see a little more of this kind of thing, nowadays, in various places.
but that is just my opinion
- 4 months ago
It's expensive precisely because the population is small. Shipping goods to small markets means less profitability, thus higher prices. And a sparse population would likely mean higher taxes for the government to supply services.
- The TaxpayerLv 74 months ago
Wait until you own property there. YIKES! Property taxes are very high.