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Old 09-15-2014, 08:32 PM
 
109 posts, read 151,869 times
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I've been looking at listings in Loudonville and Bethlehem for months and observed that these homes simply don't sell. Is Albany 's economy dead?
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Old 09-15-2014, 08:53 PM
 
93,350 posts, read 124,009,048 times
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Originally Posted by EarlofCardigan View Post
I've been looking at listings in Loudonville and Bethlehem for months and observed that these homes simply don't sell. Is Albany 's economy dead?
Maybe they are moving to Malta, Rexford, Burnt Hills/Ballston Lake, Saratoga Springs and Niskayuna, among a few others. Saratoga County is actually one of the fastest growing counties in the state. So, maybe other areas of the metro area are in demand.
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Old 09-16-2014, 05:51 AM
 
Location: Schenectady, NY
308 posts, read 506,445 times
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The economy blows up here that's why. Not to mention property taxes are ridiculous compared to other parts of the country.
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Old 09-16-2014, 07:51 AM
Q44
 
Location: Hudson Valley, NY
894 posts, read 1,030,551 times
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I think many people in the better towns around the Capital overestimate the impact of 'Tech Valley'. They think there are hordes of professionals looking to move in to the good school districts/communities. There really aren't that many. I think many people around here haven't grasped the impact the downturn in the housing market had on prices. Many people are still trying to get top dollar for their homes. Bottom line, houses will sit when there are more sellers than buyers, sellers are asking too much, the taxes are insanely high on top of that.
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Old 09-16-2014, 08:03 AM
 
93,350 posts, read 124,009,048 times
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Originally Posted by cakecakecake View Post
The economy blows up here that's why. Not to mention property taxes are ridiculous compared to other parts of the country.
On the flip side, home prices are/can be higher in those same areas, in comparison. So, you get hit in some way or another.
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Old 09-16-2014, 08:38 AM
 
Location: Schenectady, NY
308 posts, read 506,445 times
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Quote:
Originally Posted by ckhthankgod View Post
On the flip side, home prices are/can be higher in those same areas, in comparison. So, you get hit in some way or another.
Listen man I respect that you rep the state of NY like you do. But there is nothing redeeming about the Capital Region no matter how you spin it. There really isn't.
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Old 09-16-2014, 08:44 AM
 
93,350 posts, read 124,009,048 times
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Originally Posted by cakecakecake View Post
Listen man I respect that you rep the state of NY like you do. But there is nothing redeeming about the Capital Region no matter how you spin it. There really isn't.
That statement isn't a spin, little homie. It's the truth and all that takes is simple research. It really doesn't have anything to do with the Capital Region or rep ping NY and in spite of your feelings, the metro and the center cities have actually had population growth in recent years.

Last edited by ckhthankgod; 09-16-2014 at 09:20 AM..
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Old 09-16-2014, 09:05 AM
 
Location: Schenectady, NY
308 posts, read 506,445 times
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Quote:
Originally Posted by ckhthankgod View Post
That statement isn't a spin, little homie. It's the truth and all that takes is simple research. It really doesn't have anything to do with the Capital Region and in spite of your feelings, the metro and the center cities have actually had population growth in recent years.
Little homie hahaha funny stuff. I know what you're saying but I feel like numbers can only say so much. Any native will tell you this place sucks. Is there a way you can see where exactly the growth is in the area? I bet a ton of it is people from NYC buying places in Saratoga, Queensbury (maybe), and other areas outside of Albany, Schenectady, and Troy.
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Old 09-16-2014, 09:27 AM
 
93,350 posts, read 124,009,048 times
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Quote:
Originally Posted by cakecakecake View Post
Little homie hahaha funny stuff. I know what you're saying but I feel like numbers can only say so much. Any native will tell you this place sucks. Is there a way you can see where exactly the growth is in the area? I bet a ton of it is people from NYC buying places in Saratoga, Queensbury (maybe), and other areas outside of Albany, Schenectady, and Troy.
I understand that everything is for everybody and numbers can only say so much, but the information isn't irrelevant and it doesn't make it wrong.

Saratoga County is one of the fastest growing counties in the state and here is info on some of the cities: US2010

US2010

US2010

More info: Albany County QuickFacts from the US Census Bureau

Rensselaer County QuickFacts from the US Census Bureau

Saratoga County QuickFacts from the US Census Bureau

Schenectady County QuickFacts from the US Census Bureau

Growth of New York counties | rocdocs
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Old 09-16-2014, 09:27 AM
Q44
 
Location: Hudson Valley, NY
894 posts, read 1,030,551 times
Reputation: 1777
Quote:
Originally Posted by ckhthankgod View Post
That statement isn't a spin, little homie. It's the truth and all that takes is simple research. It really doesn't have anything to do with the Capital Region and in spite of your feelings, the metro and the center cities have actually had population growth in recent years.
I think I'd disagree with you on the population growth in the Capital region. I moved up here a few years back from Long Island just to have a life that wasn't spent on the LIRR. Most of the counties in this area have seen less than a one-half of one percent increase, my county has had a decrease, (hopefully not because of me). You mentioned Saratoga as "one of the fastest growing counties in NY" but even Saratoga has increased by less than 2%. It's only one of the fastest growing when you take in to account the 40+ rural counties this state has.

I also really appreciate your dedication to all things NY but you need to put it in perspective and it's still a very poorly run state with the highest cumulative taxes in the entire country.
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