While there will always be a demand for an individual house I think the new units coming on the market soon are going to depress rents, and the building is ongoing.

For instance, higher car theft in an area/zip/city can be a factor in depressing home values.

I am here in Rochester as well and some of that area is definitely not up and coming, its been depressed for as long as I remember but around Jones Park is decent.

You want to feel even more depressed?

But during war or the Great Depression we always come together.  .    

The mix of Bing being historically economically depressed while now having a growing university is what makes it such a great place to invest.

Since then I've suffered a profound depression and have been feeling my energy slip away further and further into oblivion.

It also seems like, for whatever reason, the area has been relatively economically depressed while being surrounded by incredibly affluent areas of Westchester County, so I'm wondering why/how that has happened, particularly when some of the houses particularly in the north are absolutely stunning--like, if they were moved 10 miles further into Westchester County would sell for 400%+ of their list price.

A tenant suffering an episode of depression that he was bedbound for a good part of the year.

And I actually used to own that property I sold it to metro  AFTER I CLEAR CUT IT 18 years ago but you would look at it today and think its great.ANd by decimating the Timber industry in rural Oregon with the spotted owl Rural Oregon has been in a depression ever since.. 30% unemployment in the rural areas is common..