New york state article
In real terms, property values have increased by 3 percent from 1970 to 2000 (excluding
New York City).14 For most regions, growth in the 1980s has offset declining property
values in the 1970s. While property values for cities have been fairly stable overall
during the 30-year period, there has (and continues to be) substantial variation between
regions. Cities in the Finger Lakes and Western New York Regions have decreased the
most in real terms, while property values in Capital Region and North Country cities have
grown from 1980 to 2000. The Western New York Region is the only region to
experience real declines in property values in each of the decades examined in this
analysis.
In constant dollars, property values have declined from 1970 to 2000 for each of the large
upstate cities, with Rochester experiencing the largest decrease (38 percent decline). As
outlined in the previous sections, this decline in property values coincides with
substantial population losses for these cities.
http://www.osc.state.ny.us/localgov/...pop_trends.pdf
Jobs
Rochester in 1990 had 505,187
1998 was the peak of 529,190
and last months was 511,238
so in 17 years we have had 6000 job gain. That is about 352 jobs a year or 29jobs a month.
buffalo
1990-556,379
2007 peaked -561,134
4,755 jobs in 17 years
Buffalo-Niagara Falls, NYEmployment Data
tommorrows job number will be interesting.