Why the NY Housing Compact would have been great for Nassau County, and how it could have been even better.
<p>Renting or buying a home in the New York City metro area is difficult to say the least. If you’ve spent any amount of time living in the region in recent years, you have probably experienced the lines outside open houses, met numerous friends residing with family, and stories of couples leaving the metro area for lower cost of living. And the housing crisis is especially acute in Nassau County, where I was raised and still live today.</p>
<p>Comparing median gross rents in <a href="https://www.census.gov/quickfacts/fact/table/nassaucountynewyork/PST045222" rel="noopener ugc nofollow" target="_blank">Nassau County</a> and <a href="https://www.census.gov/quickfacts/fact/table/newyorkcitynewyork/PST045222" rel="noopener ugc nofollow" target="_blank">New York City</a> from 2018–2022 according to U.S. Census Bureau data, median gross rent in Nassau is <strong>$2,131</strong>, whereas it is <strong>$1,714</strong> in the city. Even singling out <a href="https://www.census.gov/quickfacts/fact/table/newyorkcountynewyork/PST045222" rel="noopener ugc nofollow" target="_blank">Manhattan</a>, the most expensive borough for renters, its median gross rent is still lower than Nassau’s at <strong>$2,024</strong>.</p>
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