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Fewer Vacancies In Schenectady
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Admin
July 3, 2011, 9:12am Report to Moderator
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FEWER VACANCIES
    It’s an exciting time for the city, Purga said.
    Until now, the city has not grown in population since 1960. City offi cials studied the census in previous decades to learn which neighborhoods were losing the most people, leaving behind empty buildings to slowly fall apart.
    They watched the vacancy rate climb — to the point where analyst Margaret Irwin included warnings in the city’s comprehensive plan. Many neighborhoods’ vacancy rates were far higher than they would be in a healthy housing market, she said.
    But with more people moving in, that situation has improved.
    The overall vacancy rate in 2000 was 13.2 percent, or 4,007 units. In 2010, the vacancy rate fell to 11.5 percent, or 3,462 units.
    The rental vacancy rate, a key rate to the health of the economy, fell to 8.4 percent. In 2000, it was 9.3 percent.
    The vacancy rate fell partly because the city and developers demolished buildings, removing more than 100 units. Another 400 units were filled by new renters and owners, according to the census.
    But in an indication that the economy is still suffering, the census found that more people are living together now, squeezing into friends’ and family members’ homes. That’s how the city’s population could grow by 4,000 yet fill only another 400 units, said Census Bureau spokeswoman Malkia D. McLeod..............>>>>....................>>>>.................http://www.dailygazette.net/De.....r00100&AppName=1
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bumblethru
July 4, 2011, 6:43pm Report to Moderator
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They fail to mention the 40+ eviction notices sitting on the desk at the sheriff's office!!


When the INSANE are running the ASYLUM
In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. -- Friedrich Nietzsche


“How fortunate for those in power that people never think.”
Adolph Hitler
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GrahamBonnet
July 5, 2011, 9:06am Report to Moderator

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Is Langostino having a hard time keeping up? Maybe he needs to hire more members of the copservative party and grow that budget some more!


"While Foreign Terrorists were plotting to murder and maim using homemade bombs in Boston, Democrap officials in Washington DC, Albany and here were busy watching ME and other law abiding American Citizens who are gun owners and taxpayers, in an effort to blame the nation's lack of security on US so that they could have a political scapegoat."
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