3 ms·
Rochester NY is seeing an influx of people driven by the high CoL elsewhere. The region's housing stock has been severely undervalued for decades. Now migrants
by kevin_thibedeau 2y ago
Rochester NY is seeing an influx of people driven by the high CoL elsewhere. The region's housing stock has been severely undervalued for decades. Now migrants and REITs are snapping it up for comparatively cheap causing locals to have a lot of anxiety over the rapid run up in housing costs. The region ranks high on safety from disasters and resource shortages so, in the long term, it and the entire great lakes will see more migration once the "glamour" of scurrying between air conditioned spaces wears off in the places due to become desertified or flooded.