All I have to say is ouch. I don’t really know about NYC, but upstate NY is some wicked pretty country and reminds me a lot of my home state. Some of the nicest people I’ve ever met were in Rochester. As much as I want this market to correct so that we can get on to buying a home, I also hope that not too many New Yorkers are put out onto the street by it. This does not look good at all.
