Housing Costs In NYS Continue to Skyrocket

[Linda_d]

Originally Posted by ckhthankgod

This should probably say NYC more so than NYS.

Originally Posted by bumblebyz

If you actually look at the map in the article it's the entire state that's suffering from unaffordability.

That map is showing renters. In much of Upstate NY, especially in the rural counties like Chautauqua where I live, renters tend to be disproportionately poor, so even what would be low rents take up large % of their incomes. In fact, in my city, you're much better off buying than renting. My entire house payment, when I bought my house almost a dozen years ago, was only about $80 a month more than the rent I was paying.

The prices for existing homes all over Upstate NY are much closer to the prices in many areas of the Midwest than to the prices anywhere along the East Coast. I think the only areas where that's probably not true is in the parts of the Hudson Valley that are within long commuting distance to NYC.

[NyWriterdude]

Originally Posted by Linda_d

That map is showing renters. In much of Upstate NY, especially in the rural counties like Chautauqua where I live, renters tend to be disproportionately poor, so even what would be low rents take up large % of their incomes. In fact, in my city, you're much better off buying than renting. My entire house payment, when I bought my house almost a dozen years ago, was only about $80 a month more than the rent I was paying.

The prices for existing homes all over Upstate NY are much closer to the prices in many areas of the Midwest than to the prices anywhere along the East Coast. I think the only areas where that's probably not true is in the parts of the Hudson Valley that are within long commuting distance to NYC.

Good points. Most people who have stable long term employment or money in upstate NY purchase single family homes. Long term renters are disproportionately working minimum wage jobs or receiving government benefits.

[Forest_Hills_Daddy]

Originally Posted by Airborneguy

"NIMBY" is an appropriate term for people who are fighting either government services which are needed, just not wanted near me, or those who moved into a depressed area with a huge city like NY and refuse to accept that low-income people will be forced amongst them. But to call towns which vote their own zoning laws as "NIMBY's" is disingenuous. You guys have no right to the space in LI if the locals don't want you to have it.

Call it constructive criticism; Amisi is a Long Islander herself and she knows how the posters in the LI threads feel about the burden of high local taxes.