# @newsday on Instagram

- **Type:** Image
- **Original URL:** https://www.instagram.com/p/DZxf8QcHxpg
- **Gondola URL:** https://gondola.cc/posts/66836990-newsday-instagram
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/postThumbnails/14ddb5a83f.jpg
- **Posted:** 2026-06-19T16:01:39.000+00:00
- **Account Owner:** Newsday • Long Island News (@newsday) — https://gondola.cc/newsday

## Caption

Long Island renters face significant challenges in achieving homeownership due to rising home prices, elevated mortgage rates, and limited housing inventory.

The gap between homeowners and renters is widening, with homeowners benefiting from building equity and rising property values, while renters miss out on these financial gains. 

Despite the challenges, many Long Islanders still aspire to homeownership for financial security and stability — although some are considering relocating to more affordable areas.

More at the link in bio. (Credit: Steve Pfost, Jonathan Miller, Douglas Elliman reports on Long Island home prices
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#longisland #longislandny #nassaucounty #suffolkcounty #renting

## Stats

- **Views:** 0
- **Likes:** 139
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- **Comments:** 70

## Tags

longisland, suffolkcounty, nassaucounty, longislandny, renting

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