Housing prices are low because of:
- cold winters (maybe this will change with global warming)
- short hot summers (high utilities bills for heat in winter and AC in summer)
- few decent jobs (big employers like Kodak and Bausch & Lombe have been laying people off in the region)
- crime in some inner city neighborhoods
I think Rochester has alot of potential though. Syracuse is another city I would put into this category.
The eastern most cities of the rust belt. - Wed Oct 24 2007, 05:22
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