FARMINGDALE, NY (WCBS 880) – If you’re living on Long Island, you might be holding on by a thread.

WCBS 880 Long Island Bureau Chief Mike Xirinachs On The Story

The new Rauch Foundation Long Island Index report shows 6 in 10 Long Islanders are struggling to pay the rent or mortgage.

Foundation president Nancy Rauch Douzinas says making life there more affordable is a big part of the answer.

“We have to look at how we do things, because we have redundancies, duplications all over the place. And we’ve got to look at that and make some smart decisions,” she told WCBS 880 Long Island Bureau Chief Mike Xirinachs on Wednesday.

More affordable downtown housing will attract more young people and new business, says Douzinas, who emphasizes there’s much hope.

1010 WINS’ Mona Rivera reports

“You know, you still got a long ways to go. But it’s much better than we were five years ago,” she said, saying that leaders understand the problem and are working on it.

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