Rochester ranked #1 metro in quality of life in the nation for middle class families!

[rochacha]

Originally Posted by shibainu

Rochester Ranks High in Poverty
R News: As It Happens, Where It Happens

The never said how many middle class families there had to be I'm pretty sure middle class families wouldn't generally live in 14621.

[Rochester-WNY]

Originally Posted by rochacha

The never said how many middle class families there had to be I'm pretty sure middle class families wouldn't generally live in 14621.

Yeah... I am sure none...

[purdue512]

Originally Posted by rubygreta

Muggy, how can you compare Rochester to Florida? Florida's real estate values virtually doubled from 2000 to 2005, which resulted in a massive amount of overbuilding. Plus many mortages were subprime. This has resulted in a 25% decline in property values, and a glut of new houses and condos.

In the same period, what did Rochester's property values increase by, 20%? And where are the thousands of new condos and single-family houses that are wilting on the market? There aren't many. Also, subprime is hardly a factor here.

So there is no comparison.

Bad news for you... Go to page 11 at this link:

http://www.osc.state.ny.us/localgov/...pop_trends.pdf

Rochester property values LOST value, -6.41%, in the time period from 1998 to 2003 (in nominal terms). Now, keep in mind that probably means the city proper. Not sure what the metro property values have done. Would guess they've done better based on what I've read around this forum (I don't live in Rochester).

On an unrelated note: Can any comment on living in the Park Ave area, particularly with regard to families with small children? It seems that people with young families have moved to the suburbs for the schools and Park Ave is for single people. True? This is obviously a matter of degree, but would we be the only family on the block with kids under 6 if we move to Park Ave?

Thx

[I'minformed2]

You wouldn't be the ONLY family, but you'd be a minority. You'd probably have a higher chance of being around more families if you end up on one of the streets with a high owner-occupied ratio. Park Ave area is generally where young singles, couples rent; or empty nesters own.

[purdue512]

Kinda what I thought. Thanks for the response.

If there are any other opinions around, I'd like to hear them too.