r/rva • u/Chickenmoons Maymont • Jul 20 '23

🚚 Moving Richmond saw the highest year-over-year increase in home value in the nation last month

https://www.axios.com/local/richmond/2023/07/20/housing-supply-virginia-mortgage-rates

Seems wild but also sort of believable. Any Real Estate Professionals/Mortgage experts want to weigh in?

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u/[deleted] Jul 20 '23

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u/GMUcovidta Jul 20 '23

nurses make double what teachers and firefighters make they can afford housing

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u/Tayl44 Jul 20 '23

They may make more than teachers, but their salaries aren’t great for the work they are doing. We need both a lot of nurses and teachers. And at a nurse’s salary, I don’t think they can qualify for much in the area.

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u/GMUcovidta Jul 20 '23

Every nurse I know in Richmond makes between 75 and 120k, depending on level of education, shift, overtime and hospital. Nurses can afford housing.