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 Sports, Viral Videos

Middle school team runs ‘Ugly Kardashian’ trick play

Fresh
17-overlay2

Lewis and Clark Middle School's football team gets tricky with a special play called the "Ugly Kardashian."

in Music

Family confirms Malcolm Young battling dementia

Fresh
Malcolm Young, Cliff Williams, Angus Young and Brian Johnson of AC/DC
Premiere of 'AC/DC - Live at River Plate' at Hammersmith Apollo - Arrivals London, England - 06.05.11

The AC/DC rocker has been admitted to a care facility in Australia.

in Weird

Man’s overpowering cologne leads to arrest

perfume

A man who tried to run from police during a high speed chase was just too smelly to hide.

in Viral Videos

Jeff Goldblum’s bizarre new lightbulb ad

13-overlay6

The "Jurassic Park" actor shows you the benefits of mood lighting, wearing nothing but tiny swim trunks and a bad wig.

in Music

Another ‘Midnight Rider’ official charged

midnightrider

The Allman Brothers biopic assistant director has been charged in connection with the death of a crew member.