Top Answer
User Avatar
Wiki User
Answered 2008-04-25 08:35:26

Property prices are based on the demand in the market.

It is a classical supply and demand situation. If few people want to live in an area, but there is a large stock of housing available, then prices are driven down. Sometimes house prices go so low that owners give up trying to sell and simply abandon their houses.

In the same way, if many people want to live in an area but there is a small stock of available housing, then prices are driven up.

Clearly, at this time Buffalo, NY is not a very desirable address.

If you look at the population figures for Buffalo you will see the population has been going down for a long time. Too many homes, too few people.

User Avatar

Your Answer


Still have questions?

Related Questions

What is the relative location of Buffalo New York?

-Buffalo is not far from Niagara falls -buffalo is in New York

Are the Buffalo Bills a New York team?

Yes, Buffalo is in New York

Did Grover Cleveland have any accomplishments before his presidency?

Mayor of Buffalo New York Sheriff of Buffalo New York Governor of Buffalo New York

Do buffalo live in buffalo New York?

At the buffalo zoo yeah

Where can one find jobs in Buffalo New York?

There are a wide range of job search websites that offer extensive listings for jobs that are currently available in Buffalo, New York. One can access these job listings on websites such as Monster, Indeed, Career Builder and Buffalo Job Finder.

Is Buffalo New York big?

Compared to New York City, Buffalo New York is quite small. But compared to Buffalo, Wyoming, Buffalo New York is quite large. So size of cities depends on the comparisons you use.

What team is the AAA affiliate of the New York Mets?

The buffalo Bison'sThe buffalo bison's are the AAA affiliates of the New York Mets, located in buffalo new york.

Is Buffalo New York close or far from New York?

Buffalo, New York is at the other end of the state from New York City.

What is a buffalo home called?

buffalo new york

What president was shot in Buffalo New York?

President Mckinley, was shot in Buffalo, New York!

Does Buffalo New York have an NBA team?

Buffalo, New York does not have an NBA basketball team.

Which is bigger New York City or Buffalo?

New York City is larger than Buffalo. The population in New York City is approximately 8,500,000. The population in Buffalo is approximately 250,000.

What made history in buffalo new york?

buffalo wings

Is Buffalo Bill a state?

No, but Buffalo is a city in New York

What is the height above sea level of Buffalo New-york?

Buffalo, New York is 600 feet above sea level.

How many miles is it from buffalo to Syracuse?

It is 130miles from Buffalo, New York to Syracuse, New York. [Geographically speaking]

What is the distance from Buffalo New York to Utica New York?

Buffalo, NY to Utica, NY is about 202 miles.

Can a 16 year get a tattoo with parental consent in buffalo new york?

No, it is illegal anywhere to get a tattoo under the age of 18

How were buffalo wings made when it was first invented?

buffalo new york

Is buffalo New York on the cost?

Buffalo is on Lake Erie, but not on the ocean.

Why is Buffalo New York not located on a coast?

Buffalo is so dumb

Are there houses in New York?

yes there are houses in new york city somtimes in houses black hot girls and boys have sex together when they are naked but there are houses

What is a buffalo gal?

It is from the 1844 song "Buffalo Gals" and refers to the New York town and not to the bison. The "Buffalo Gals" were the prostitutes of Buffalo.

Where was president McKinley assassinated?

At the Temple of Music in Buffalo, New York, U.S.Temple of Music in Buffalo, New York

What Internet search terms would return results for buffalo and Sioux but not New York?

+buffalo +Sioux -"New York"