I was born in Cincinnati, and lived there for 18 years until going to Ohio State. Today I live on the peninsula. I'm here in Cincinnati now, for family stuff. And I'm concerned. Cincinnati still has a large industrial component (P&G has their HQ here), but many factories are gone. A lot of the east side of the city has been converted into microbreweries, homes, and shopping. My Mom works at a biomedical company that'…
Just to nit-pick one part:
> I'm still concerned. Property taxes have grown beyond reasonable limits.
There is some truth in this, but only because property taxes are a weird beast; a combination of one of the worst taxes (a tax on one's home) and one of the best taxes (the tax on the unimproved value of land).
In a land-poor place (bad neighborhoods in the rust belt, say), the property tax lies mostly on improvements, and tends to hurt the most vulnerable.
However, we see how in a land-rich place (the Bay Area), a crippled property tax, in the form of Prop 13, has devastated the land market.
Well, that's all I have to say about that. Love Cincinnati. Hate the peninsula.