New York Vacation Homes Raise Questions About Housing Availability

A new housing analysis shows that many vacant homes in New York are being used as vacation or seasonal properties. While these homes often support tourism and part time living, it also shows the ongoing challenges for people trying to find year round housing in the Empire State.

How Many Homes Sit Vacant in New York

According to the data analyzed by Compare the Market, New York has about 848,837 vacant homes. Out of all of those houses, around 272,284 are used as vacation or seasonal properties. That means over 30 percent of vacant homes in New York are not available for full time residents.That could be a problem.

Housing Needs Still Exist Across the State

At the same time, over 158,000 people in New York are going through homelessness. Experts say this does not mean every vacant home could become housing for them. Some homes may need repairs, be located in seasonal areas, or serve short term tourism. The numbers show how complex the housing situation can be.

Why Vacation Homes Are Popular

New York has many places that can bring seasonal visitors. From lake communities and mountain towns to coastal areas and popular vacation destinations, second homes are common. These properties can help the local economy, but they may also limit how many homes are available for permanent residents.

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A Balance Communities Continue to Watch

Housing experts talk about finding a balance. Tourism and seasonal living bring benefits, but the communities also want affordable housing for people who live and work here year round.