Norfolk still an old Southern town in many ways
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4/2/2009
I moved to Norfolk over six years ago from the rat race of Northern Virginia/DC area. When I first moved here the cost of living was reasonable particularily in the housing. Unfortunately, the housing prices have significantly jumped up and unlike Northern VA, the real estate tax rate is high considering the home stock is mostly of old homes. The city is terrible about real estate assessments. Homes are way over assessed sometimes as much 40% from what owners end up selling the home for! To make it worse, there is a large population of low economic households, crime is high, and public schools rank low compared to the rest of VA.
Charlie T. | Norfolk, VA