Long Island Index 2007


Publication Date: December 2007

Publisher: Long Island Index

Author(s):

Research Area: Banking and finance

Type: Report

Coverage: New York

Abstract:

Long Island is without doubt a desirable place to live. Fully 82% rate it a “Good” or “Excellent” place. Long Islanders prize the region’s natural beauty, amenities and services. Even our greatest woe—the high cost of housing—ironically demonstrates by the law of supply and demand Long Island’s attractiveness.But there are currents of dissatisfaction that are strong—and growing.

Long Islanders’ troubles are intertwined with trends in our region’s economy. The following pages shine a light on Long Islanders’ discontents and the conditions that underlie them.