Land of opportunity in Richmond

The Steele Group Sotheby’s International Realty

Richmond’s economy is driven mainly by finance, law, government with several, state, federal and local government agencies. The city is also home to several legal and banking companies. The city also has the Great Turning Basin used by boats and possesses the world’s unique triple crossing of rail line. The city also boasts several performing arts places that were built in the 1920s.

In May 2013, the Federal Reserve Bank of Richmond has released it Annual Report for 2012. This report featured an essay that talked about economic mobility. This essay suggested that economic mobility in Richmond has declined lately, particularly for people at the top and bottom of the income distribution.

Several factors were identified as contributory to the retention and attainment of people’s economic status. A common denominator in bringing advancement irrespective of the person’s economic group is the ability to obtain cognitive and noncognitive skills. These initiatives were initially good for children born in poorer families. However, initiatives that focus on bringing education right from early childhood seem to have brought higher returns of investment.

Choosing to relocate to Richmond can open up opportunities in terms of business and investment. Virginia’s educational system also ranks among the best 10 in all states in the US. The Steele Group Sotheby’s International Realty, a Virginia realtor can help you find a home Richmond Virginia. You will get in contact with the best Richmond realtor to help you find the perfect place.

Article by Landscape Garden Idea.com

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The Steele Group Sotheby’s International Realty Richmond’s economy is driven mainly by finance, law, government with several, state, federal and local government agencies. The city is also home to several legal and banking companies. The city also has the Great Turning Basin used by boats and possesses the world’s unique […]