News

NY Times: Ithaca one of 20 cities with rent out of reach for Middle Class

NY Times: Ithaca one of 20 cities with rent out of reach for Middle Class

Photo: WHCU

The City of Ithaca is included in a New York Times report out Tuesday as one of many cities in which the cost of rent is rising out of the reach of the middle class.

The report has Ithaca as one of 20 cities where the average middle-class family is paying over 30-percent of income for rent and utilities.

Jean McPheeters with the Tompkins County Chamber of Commerce says the reason for high rent is simple, the City needs more housing.

She says most cities see a vacancy rate of 2 to 4 percent, while Ithaca sits at just a half-percent.

She says leaders have taken the initiative to add more housing to the area, but many of the projects have been tailored to high-end apartments or low income housing.

Recent Headlines

in Trending, Viral Videos

TODAY’S MUST SEE: Boy’s hilarious reaction to baby news

Fresh
19-overlay3

This little boy is NOT excited about being a big brother again, but his reaction is priceless.

in Music

CHART TOPPERS: This week’s top rock tracks

godsmack

LISTEN: This week's top rock tracks, according to the latest Billboard charts.

in Music

Robert Plant urges Jimmy Page to give up Led Zeppelin reunion

2012 Kennedy Center Honorees and members of the band Led Zeppelin, from left, Jimmy Page, John Paul Jones, and Robert Plant chat on the red carpet after arriving at the Kennedy Center for the Performing Arts for the 2012 Kennedy Center Honors Performance and Gala Sunday, Dec. 2, 2012 at the State Department in Washington.

Robert Plant has urged his former Led Zeppelin bandmate Jimmy Page to end his war of words with the singer and concentrate on recording new music.

in Weird

Groom turns canceled wedding into charity benefit

Groom

A Pittsburgh man whose wedding was called off is making the best of the situation. Instead of getting married he's raising thousands for charity.

in Weird

From Texas, where everything is bigger, the 99-pack of beer

99beers

Invite the whole neighborhood to your cookout, because you're going to have plenty of beer.