Skyrocketing housing prices mean that households on Long Island planning to put 30% of their monthly income toward housing expenses need to earn 83.1% more than six years ago to afford a median-priced home. The long-term impact of high home prices "is not sustainable for the economy, for the school systems, because we need to be able to find places where younger or lower-earning people can live and take their rightful place in the economy, even if it's not at the top rung of the earnings ladder," said Lawrence Levy, executive dean of the National Center for Suburban Studies at Hofstra University. For more on this story, visit the link in bio. #longislandny #longisland #liny #newyork #housing #housingcost #homebuying #homeprices #houses #homeexpenses #realtor #realty #expensivehouses #housingcrisis #nassaucountyny #suffolkcountyny #homebuyer #housingmarket