Asked by Barbara Carter, New Paltz, NY • Sat Jun 30, 2012
The New Paltz area is a great place to purchase or build multi-family residences. The student population at SUNY is always seeking off campus housing. Now the difficulty in acquiring mortgages makes for more families looking to rent rather then buy. The supply and demand is driving up rental costs. If you are looking for a place to invest take a look at the growing areas in and around New Paltz.
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