I know affordable housing is a huge issue around the country, and as everywhere else, Ithaca is trying to deal with it. An Ithaca Voice article has this headline:
Report: Ithaca home prices soar by ‘stunning’ 51 percent in decade
Here's the link:
http://ithacavoice.com/2014/11/repor...ercent-decade/
While this is second highest in the nation, the city is poised to increase market rate housing in a big way. (hopefully dense and tall)
The hold-up is accommodating city/town/county rules requiring affordable units in new developments. Developers are having a tough time working the numbers and getting the financing. Kind of a no win situation.