it's a national issue because it keeps people from moving to where jobs are.
http://neighborhoodeffects.mercatus.org/2017/01/26/why-the-l...
http://neighborhoodeffects.mercatus.org/2017/01/26/why-the-l...
A community near me is booming because telecommuting makes it practical to commute to NYC by train twice a week. Eventually that will lead to new business and economic activity. We shouldn’t be screwing up property rights everywhere because tech companies are too stupid and have too much dumb money to geographically diversify and prefer to pay too much for talent instead.
IBM, GE and other legacy technology companies demonstrated in their heyday that you can run engineering organizations in all sorts of places. Mainframe tech was done in Binghamton, Kingston, and Vermont of all places.
It’s a struggling area with a lot of nice cheap property, both in and out of town. The Hudson Amtrak is about a 15 minute drive and 2-2.5 hour trip to Manhattan.
IMO Upstate once you get out of the Hudson Valley is relatively cheap and nice.