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Buffalo (WNY) vs. "Fair Weather" Areas


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WNY vs Fair Weather  

43 members have voted

  1. 1. Which is the better area/climate

    • Buffalo/WNY
    • Fair Weather Areas (FLA, CAL, etc...)


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3 hours ago, ExiledInIllinois said:

I respectfully agree to disagree.  There has to be value on what you describe NYS assets are, they are just not in your price range.  Where we disagree is how much that price range is.  You get what you pay for.

 

Again... You've stated that NYS had it all over others except for taxes.  Well, that's the price one pays for having it all over others.  Everything has its price, you just don't think it's low enough.  They are competing just fine.  All the cheapskates would be flooding the state if they lowered the price.

 

You said you value NYS over the rest... I would be more apt to agree with you if you said it was a ****-hole.  It's not for a reason.  That reason is pricing you out.  It's out of your league.

As you may someday discover, if you ever retire, there is a big difference between being out of one's league and not being worth it!  Fixed income people make those choices every day.  Once the paycheck stops, you have a finite amount of assets.  You will constantly have to make value decisions.  If you can't justify the value, the answer is obvious.

 

I left in 1970.  NYS had 45 members in the US House.  Now it's down to the mid 20's.  Have people left the NY metro area?  No.  Have people fled the rest of NYS? 




 

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52 minutes ago, TheElectricCompany said:

While taxes in WNY do suck, I don't think that can be a primary reason for living elsewhere. 

I know plenty of people who have left and taxes were never the tipping point. 

  Depends on what your objectives are.  I know of retired people in the region from NYC, Boston, Philly.  They are done with the square footage race and are only interested in what they can maintain with a minimum of outside help.  While taxes here are tough they were writing larger property tax checks in the nicer burbs of the cities I previously mentioned.  They can cash in the 2,500 sq ft two story house sitting on 1.75 acres for north of half or three quarters of a million dollars and still have plenty left after paying capital gains plus buying a decent property here for around 100K dollars.  Their goal is to make their liquid assets last versus and are not interested in the Sun Belt.  Obviously, they are not bothered by the cold months or figure the utilities are a wash in terms of running the AC or the heating system

Edited by RochesterRob
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20 minutes ago, RochesterRob said:

  Depends on what your objectives are.  I know of retired people in the region from NYC, Boston, Philly.  They are done with the square footage race and are only interested in what they can maintain with a minimum of outside help.  While taxes here are tough they were writing larger property tax checks in the nicer burbs of the cities I previously mentioned.  They can cash in the 2,500 sq ft two story house sitting on 1.75 acres for north of half or three quarters of a million dollars and still have plenty left after paying capital gains plus buying a decent property here for around 100K dollars.  Their goal is to make their liquid assets last versus and are not interested in the Sun Belt.  Obviously, they are not bothered by the cold months or figure the utilities are a wash in terms of running the AC or the heating system

 

Old farts selling $1M properties elsewhere and downsizing to $100K properties in Greece are a pretty small slice of the pie. 

There are dozens of reasons people live places, but I'm struggling with "taxes" being a #1 reason. 

Family, friends, amenities, weather, career and culture all are top factors. 

Edited by TheElectricCompany
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6 minutes ago, TheElectricCompany said:

 

Old farts selling $1M properties elsewhere and downsizing to $100K properties in Greece are a pretty small slice of the pie. 

There are dozens of reasons people live places, but I'm struggling with "taxes" being a #1 reason. 

Family, friends, amenities, weather, career and culture all are top factors. 

  It's not that simple but I agree taxes are not always the reason.  Most of the people I describe live out in the rural towns and also in a lot of cases want elbow room so their WNY home sits on a few acres.  Homes on average would be worth considerably less than the 75-100 thousand dollars many bring if it were not for outside money.  The average Joe and Betty working retail 30 hours a week each could not afford a 100,000 dollar property and they are the typical residents of many small rural towns.  There are not enough 20 year teachers, administrators, and other high end school employees in any given district to bouy home values.  Most manufacturing and small businesses have disappeared so there are fewer significantly above minimum wage jobs to make mortgage payments with.

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16 minutes ago, RochesterRob said:

  It's not that simple but I agree taxes are not always the reason.  Most of the people I describe live out in the rural towns and also in a lot of cases want elbow room so their WNY home sits on a few acres.  Homes on average would be worth considerably less than the 75-100 thousand dollars many bring if it were not for outside money.  The average Joe and Betty working retail 30 hours a week each could not afford a 100,000 dollar property and they are the typical residents of many small rural towns.  There are not enough 20 year teachers, administrators, and other high end school employees in any given district to bouy home values.  Most manufacturing and small businesses have disappeared so there are fewer significantly above minimum wage jobs to make mortgage payments with.

 

And they are never coming back. Retail is next on the chopping block. 

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14 hours ago, ExiledInIllinois said:

But you spend it on other things.  I can see if you said NYS sucked... But should it not cost.  It's a give and take.  Gotta have a value.  Just saying... I think people want everything for free.

 

What about the services... You can get "Meals on Wheels" @ 80+ and wellness checks... No matter what the income is being made. LoL... ?

the value really isn't here for the taxes at all.  as others have mentioned, you pay it out every year, way more than you should have to, and it never comes back.   we have a friend that's an attorney in las vegas.  we spoke about it years ago, and with very comparable houses, (we live on more land and have a bit more space) there's a 15k swing.  the schools are good, but there's no way nys can justify that.  if it wasn't for my family, and now my work...i wouldn't stay here.

 

edit:  but to be fair, you get a ton of house for the price.

Edited by teef
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5 minutes ago, TheElectricCompany said:

 

And they are never coming back. Retail is next on the chopping block. 

yes and now.   You know Amazon is buying the closed Toys R Us brick and mortar stores.   So they're investing in the thing they were killing 5 years ago. 

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14 minutes ago, TheElectricCompany said:

 

And they are never coming back. Retail is next on the chopping block. 

  Retail is already being chopped including grocery stores.  Last Friday was the first time in 2 months I used the cashier at Tops versus self checkout because she had nobody in line.  The casino in the Finger Lakes was supposed to be the ticket out of retail hell for Tom Wilmot as properties such as Marketplace Mall are dying and he is leaning the hard way that there is only so much money going into the region's casino's.

Edited by RochesterRob
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3 minutes ago, Soda Popinski said:

yes and now.   You know Amazon is buying the closed Toys R Us brick and mortar stores.   So they're investing in the thing they were killing 5 years ago. 

 

Amazon may have brought the death blow, but Toys R Us didn't do themselves any favors. 

In the scenario that they turned those into retail locations, what % of their income would come from those stores, 2-3%?  A drop in the bucket. 

Edited by TheElectricCompany
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5 minutes ago, TheElectricCompany said:

 

Amazon may have brought the death blow, but Toys R Us didn't do themselves any favors. 

In the scenario that they turned those into retail locations, what % of their income would come from those stores, 2-3%?  A drop in the bucket. 

Very much a drop, but they are investing in it, and not for no reason.   I just don't know what the reason is.   Probably so they can have pickup locations to ship to rather than using the USPS. 

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On 7/30/2018 at 11:14 AM, TheElectricCompany said:

A few 

 

California is not a "one size fits all" for weather. You cannot compare San Diego to San Francisco, or Indio to Truckee. 

What dangerous creatures do people live in fear with? The odds of getting killed by a gator, wolf, grizzly or lion are minuscule. 

Natural disasters, sure, I guess that's reasonable, but it's not like CA is falling into the ocean, and you need a direct strike to lose everything in a hurricane.

Buffalo weather is pretty mediocre, outside of fall. 

 

Yes things would have been so much better if Lex Luthor's plan worked.  Damn Superman!

 

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The Mediterranean climate of the SW coast is phenomenal. The smog/smug of LA does kind of ruin it, though... San Diego is awesome. You can make the argument for natural disasters, I guess, but it's kind of a weak one. People have insurance and live through that stuff. Hurricane areas are worse in my book. And it's guaranteed that they'll be rolling through every year. I would never live in Florida.

 

If you can tolerate the dryness, Arizona is where it's at.

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