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Old 09-13-2007, 06:02 PM
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Originally Posted by JiminCT View Post
Many of the upstate cities are "doughnuting". There is stagnant metro area growth (or loss...). The suburbs are growing in many spots, but because the city core is dropping rapidly..one does not see much growth in the metro areas. I'd say the Watertown area would be the biggest gainer in both city and metro...because of Chimp's escapade in Iraq.

taxes in the city are awful, they keep raising them - fewer people to tax.... - school and property taxes are obscenely high in Rochester/Bufflao area -why would anyone move there? The house prices are HIGH in the suburbs of both cities - those really cheap house prices are mostly in the crack neighborhoods..when you add the house price to taxes, upstate is no bargain. I moved - couldnt' afford it anymore.
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Old 09-13-2007, 06:07 PM
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New industries in the rust belt arent slowing the overall brain drain. People are still talking about cities like Pittsburgh and Cleveland "coming back" with new industries. The medical end is just a drop in the bucket. Like Buffalo...a few new industries are not stopping the exodus. Why did Ted's put a hot dog stand in Phoenix?;p


As far as the tri state area...its getting pricey, but the NYC area economy humms along and is diverse and incredibly resilient. There will always be a demand for housing in the tri-state area. It's always been pricier to live down there..and many people simply hand down their houses to the younger generation. Lots of people do that. Additionally, people WANT to live here...unlike some places on the I-90 NY corridor (the weather up there is a MAJOR issue with people). I love upstate NY (I have a camp north of Watertown)...but the economic realities dont bode well long term. New industries can go south, without all the regulation, right-to-work-states, better weather, and less hassle, and its not freezing with a slate gray sky all winter. NYC is a great big hassle IMHO...but its a major world city. Upstate NY is going the way of Youngstown. But you'll still have Wegmans.
what about the Lake Champlain area? It looks charming - Essex etc. - is that a bad place to puchase a second home for retirement/investment?

What area around there would be a good boomer retirement town?

And boy do I miss Wegmans...
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Old 12-18-2008, 02:06 PM
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Originally Posted by 12buttons View Post
what about the Lake Champlain area? It looks charming - Essex etc. - is that a bad place to puchase a second home for retirement/investment?

What area around there would be a good boomer retirement town?

And boy do I miss Wegmans...



I would look at the Capital Region/Saratoga/Lake George Area... I have family in Essex & Clinton Counties. They are both very beautiful, but very rural. My family lives in a small town in Essex County, about 35 mins from Plattsburgh, which is where you'll have to do all of your shopping. The Lake George/Saratoga/Capital Region Area is much more accessible and yet still pretty at the same time. They have the outlets up in Lake George, and a bunch of other neat shops. Same goes for Saratoga, alot of neat shops downtown. Overall I find the area to be the most sustainable place in NY to live (outside of NYC). Buffalo and Rochester are slowly falling off the map. Sorry to be so blunt, just speaking the truth!
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