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Its nice to see quite a few high quality areas to live in the affordable range: Minneapolis, SLC, Raleigh, Charlotte, Phoenix, Austin. Though I'm not quite sure where you are affording a house on a salary of $16k, even in the bottom 5 cities (most affordable). Or if you can, would you want to?
Location: Westchester County, NY -> Pinellas County, FL -> Dutchess County, NY -> Denver?
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Please... Add all the property taxes, income taxes, sales tax, heating and electric to an equation in NYS and it's looking like s... What is the going rate for property taxes in western NY? $35.72 per $1,000? Please... There's so much more to this country than Buffalo...
One thing is not totally honest about these polls. It's cheap because its crappy housing. I was able to buy my first home before 30 and working entry level jobs but it was in rough shape and I could not afford to pay for updates that my friends and family had in their homes when they purchased them out of state. I had to save and do much of the work myself, then sold it to get something better. My tax bill was $240 a month and interest was charged because it was hard coming up with the entire amount. No mortgage on the first home because I saved cash and paid it off. I also qualified for a loan of $79,000 on a double while making $8.75/h full time plus the possible rent of 500/month but the idea of one month missed rent or a major repair bill and I was screwed, so I did not take that route. I know people who did and they lost their homes.
Please... Add all the property taxes, income taxes, sales tax, heating and electric to an equation in NYS and it's looking like s... What is the going rate for property taxes in western NY? $35.72 per $1,000? Please... There's so much more to this country than Buffalo...
You would have to consider those things in any location, but this is in relation to median pay and median home prices.
All the people that complain (euphemism) about the higher taxes don't understand that this keeps property values relatively low and thus you don't pay as much mortgage interest and these taxes go into our communities at least.
All the people that complain (euphemism) about the higher taxes don't understand that this keeps property values relatively low and thus you don't pay as much mortgage interest and these taxes go into our communities at least.
I think its fair to say that high property taxes and probably the weather keep prices in much of Central and Western NY pretty low.
I will also say that at least you have the option to buy a $15,000 house in Buffalo. There are also $15k homes in Syracuse, Detroit, Cleveland, etc. That's one good thing about Rust Belt cities for sure.
If you recognize that, then you also must recognize that this creates large swaths of these cities that are dumps. So, it goes both ways.
I think its fair to say that high property taxes and probably the weather keep prices in much of Central and Western NY pretty low.
I will also say that at least you have the option to buy a $15,000 house in Buffalo. There are also $15k homes in Syracuse, Detroit, Cleveland, etc. That's one good thing about Rust Belt cities for sure.
If you recognize that, then you also must recognize that this creates large swaths of these cities that are dumps. So, it goes both ways.
According to what, given that there are cold weather areas that have higher prices?
Also, aren't there swaths of all cities that are "dumps" as well?
Keep I mind that this is for the metro area, not just the city.
According to what, given that there are cold weather areas that have higher prices?
Also, aren't there swaths of all cities that are "dumps" as well?
Keep I mind that this is for the metro area, not just the city.
Syracuse wasn't on this list, by the way.
If Buffalo was warmer and less snowy, you don't think there would be higher prices and more investment there? Do you really think that the cold and snow have no effect on investment?
Did I say that there weren't swaths of other cities that are bad?
I mentioned Syracuse as a comparison city. I could mention Erie or Youngstown or a host of other Rust Belt locations that also have large dumpy areas that are cheap. Think outside the box a little.
If Buffalo was warmer and less snowy, you don't think there would be higher prices and more investment there? Do you really think that the cold and snow have no effect on investment?
Did I say that there weren't swaths of other cities that are bad?
I mentioned Syracuse as a comparison city. I could mention Erie or Youngstown or a host of other Rust Belt locations that also have large dumpy areas that are cheap. Think outside the box a little.
I'm always trying to think outside of the box and there are areas of Rust Belt cities that have perfectly fine areas. This is for the metro area anyway.
Who knows if Buffalo would see more investment if it was warmer. Why aren't people flocking to cities in Mississippi or to Birmingham? Not every warm weather city is seeing breakneck investment and there are cities that get colder weather that have high home prices and investment. So, I'm curious as to why you feel that weather plays a part in this. That's all.
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