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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: mishedlo who wrote (46266)12/29/2005 12:37:29 PM
From: Live2SailRead Replies (2) of 306849
 
These data might be true and accurate, but misleading. I see Rochester, NY is one of the "cheapest". Believe me, it's no Danville -- lots of wealthy, white-collar residents living in a snow-infested region that appears to be forgotten. Not a bad place to live if you can handle snow -- Great Lakes and Finger Lakes nearby, lots of local wineries, two universities, Eastman School of Music, two large (although ailing) tech companies with many spinouts, a coupla small ski areas, and an great public schools in most communities. I think its "cheapness" may come from the suburban "haves" being outnumbered by the urban "have-nots".
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